The latest issue of Financial Standard now available as an e-newspaper
| | FRIDAY, 29 MAY 2020 12:47PMSargon 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.|
|A $100 billion industry super fund has backed the Tobacco Free Finance Pledge Stamp, firming its commitment towards a more sustainable and tobacco-free future.|
|Latest data from APRA shows that the superannuation sector has withstood the worst of the COVID-19 financial crisis, falling just 0.3% in a year while bolstering cash reserves.|
| | |
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.
| | |
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds.
| | |
A survey of 110 pension funds, endowments, foundations, sovereign wealth funds and insurance companies worldwide has revealed the new priority position ESG is taking in asset allocation.
| | |
Investec has established a postgraduate research scholarship with the University of Sydney Business School; in a move that it says will benefit the future finance workforce in Australia.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|