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ELIZA BAVIN  |  MONDAY, 1 JUN 2020   12:42PM
Despite COVID-19 restrictions easing across the country, applications for the Early Release of Super scheme have shown no sign of slowing, according to APRA's weekly data.
More news
Super withdrawals being misused
ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
New research has revealed 40% of those who accessed their superannuation early did not see any drop in their income during the COVID-19 pandemic.
Sargon liquidators want to dig deeper
KANIKA SOOD  |  FRIDAY, 29 MAY 2020
Sargon Capital's liquidators are looking for extra funding to dig deeper into the company's transactions, potential claims and the possibility of a dividend payment to creditors.
ERS emerges as tax loophole for expats
ALLY SELBY  |  FRIDAY, 29 MAY 2020
The government's early release scheme has opened up a handy loophole for expats living in Australia, helping them withdraw their super balances tax-free.
Super release widens gender gap: AMP
ALLY SELBY  |  FRIDAY, 29 MAY 2020
The government's early release scheme is widening the gender superannuation gap, as a higher proportion of women draw down on their super savings to weather the COVID-19 crisis.
APRA quashes super liquidity concerns
HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
APRA has put to bed any rumour that superannuation funds are at risk of facing liquidity issues as a result of the government's decision to allow Australians early access to their superannuation.
APRA pushes for super fund consolidation
JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
APRA has urged all superannuation funds to be more proactive in considering their options, saying that while COVID-19 will pass, its impact will be felt for far longer and funds will soon run out of excuses.
Grow Super co-founder in alleged betting scandal
ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
The co-founder of Grow Super, a fund marketed to millennials, has resigned, allegedly as a result of his involvement in an NRL betting scandal.
ING rejigs super offering, closes balanced option
KANIKA SOOD  |  THURSDAY, 28 MAY 2020
ING's Living Super offering is putting the lid on its balanced option after feedback from members that it's too similar to the growth option, and will add two more defensive options.
Industry fund named top employer
HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
An industry superannuation fund managing around $6 billion has been recognised as one of the nation's best employers.
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