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Showing 1471 - 1480 of 4847 results for "super funds"

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
Reserve Bank governor Philip Lowe said while some super funds may shrink as a result of the governments early release scheme, they are well placed to manage the withdrawals. Lowe said the industry as a whole should be able to cope with the number of ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... like many other events thanks to the COVID-19 pandemic, the Australian Institute of Superannuation Trustees' major super funds conference is alive again, with sessions running online. The AIST is hoping to have more than 24 hours' worth of content available ...

Five day deadline tough but workable

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... suffering financially as a result of COVID-19 to access up to $20,000 of their super over the next two years. However, super funds have resolutely gotten on board with the plan. Bloch said since details of the early release plan were released the regulators ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... disingenuous media stunts that reek of self-interest over national interest." Hume went on to say that many of the super funds ISA represents have been public in their support for the ERS measures. "Early release is designed to help Australians financially ...

The five threats to super fund survival

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... to keep up with the sector's never-ending regulatory changes. According to SS&C, the next 12 months will see more super funds move towards hybrid operating models, whereby the fund itself will manage member experience while outsourcing part or all of ...

SuperFriend bolsters support offerings as demand peaks

HARRISON WORLEY  |  MONDAY, 20 APR 2020
SuperFriend is adding to its suite of workplace mental health training resources, as super funds, insurers and other workplaces turn to the organisation for help supporting employees through COVID-19. The organisation has updated its "most popular and ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
The Prime Minister has called on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... approach. "Given the importance of cash flow for many people at this critical time, the Morrison government expects super funds to be paying members their money as quickly as possible, and within five business days," Hume said. "We understand this is ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the Early Release Super scheme and drastically volatile markets, major funds ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... musician Ben Lee's 2005 hit, We're All In This Together. Turning to camera, the woman assures Australians that industry super funds invest "in things that create jobs and keep Aussie businesses strong". Specifically, industry funds invest more than $45 ...