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| | MONDAY, 1 JUN 2020 12:42PMDespite 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.|
|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 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.|
|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.|
|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 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 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.|
|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'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.|
|An industry superannuation fund managing around $6 billion has been recognised as one of the nation's best employers.|
As COVID-19 exposes entrenched problems in society, the ability to scale social impact investments in Australia holds significant promise to drive progress towards solutions, a new report reveals.
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.
Vasco Trustees and ASIC had grave concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings.
State Street has relaunched an international equities fund for local investors looking for a climate change and ESG focused portfolio, with a new benchmark.
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