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Super funds must prioritise liquidity: RegulatorsBY HARRISON WORLEY | WEDNESDAY, 1 APR 2020 12:16PM
The superannuation sector has been told in no uncertain terms how it should deal with the ongoing impacts of COVID-19, with ASIC and APRA directing super funds to prioritise liquidity.
Read more: APRA, ASIC, Danielle Press, Helen Rowell, Australia, UniSuper
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Market Volatility Centre - Tools to Help Stay the Course
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
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