ASIC issues warning to SMSFs on crypto, Superannuation needs to be part of draft National Plan to End Violence against Women and Children 2022-2032, Size and frequency of voluntary super contributions rises, Cbus Super increases investment options for members, Super assets to triple as number of funds dwindle, Investment funds rise across the board, Proxy advice changes criticised by industry.
Set out below are all SuperGuide articles that relate to Superannuation news.
Pension Loans Scheme rebranded, rate reduced, 12% Superannuation Guarantee guaranteed, Super fund merger news, Australians want to work for longer, Younger Australians not confident about their retirement, Switching decisions don’t pay off for superannuants, Super funds and Nukes.
Cut-off age for bring-forward rule confirmed, Poor performing super funds still have sticky membership, SMSFs fail to beat the market, Superannuation portfolio holdings disclosure regulations finalised, new director IDs, Retiree living costs rise, calls for fairer PLS rate, APRA turns up the heat on high fees, billions in unpaid super, and Australia’s pension system up with the best.
Draft retirement income covenant released, TWUSUPER calls off EISS merger, Superannuation industry at risk of losing billions due to climate change, SMSFs must use SuperStream for rollovers, Financial services coalition calls for broad financial compensation scheme, Design and Distribution Obligations (DDO) go live.
Underperforming funds now need to tell APRA why, Re-contributions of Covid-19 early release super withdrawals allowed, Separating couples can request partner’s super information, SMSFs numbers increase in June quarter, Retirees experience higher inflation, SMSF investors fuel growth in ETFs, Colonial First State in Federal Court.
Retirement income covenant position paper released, Latest Superannuation Inquiry is “political theatre”, Retail investors flock to sustainable strategies, Superhero launches new super fund, SMSFs most satisfied superannuation fund members, Australians engaged with superannuation.
After much haggling, the Government’s latest package of super reforms aimed at tackling high fees and low performance has passed through parliament.
Pandemic has long-lasting impact on older Australians, Intergenerational report forecasts doubling in older Australians, Hostplus to grow through more mergers, LUCRF Super teams up with AustralianSuper, Super funds make bid for Sydney airport, Six member SMSFS good to go, Dixon Advisory to pay $8.2 million in penalties.
Pension payment relief extended for another year, Super bills pass, Retirement costs rise, March super stats show super increase, Running out of money in retirement major concern for retirees, Magellan launches fund with reserving strategy.
UniSuper set to open fund, AustralianSuper and Club Plus Super in merger talks, COVID-19 early access scheme primarily used to pay bills, Your Future Your Super changes, Government to regulate proxy advisers, New aged care help service, FSC focus on affordable and accessible advice
Tracey Spicer talks to industry experts, including Noel Whittaker, Stephen Huppert and Bina Brown, as well as Professor Susan Thorp and representatives of the SMSF Association, FPA, FSC, Super Consumers Australia and Women in Super about their takes on the 2021 Federal Budget.
Removing SG’s $450 per month threshold and the work test, Enhancing the FHSSS, Downsizing and the Pension Loans Scheme.
The idea that young Australians should be able to dip into their super to help buy their first home keeps going round and round. The most recent iteration put forward by the Coalition’s Tim Wilson and a clutch of other backbenchers has the catchy slogan Home First, Super Second.
Your Future, Your Super legislation attracts industry criticism; Top postcodes revealed for lost and unclaimed super; ASFA argues accessing super would make housing affordability worse, not better; new research dismisses the idea that retirees die with most of their super untouched; Huge gender gap in super concessions; ASIC’s mea culpa on SMSF costs; AMP appoints its first female chief.
All sorts of claims are being made following the release of the Retirement Income Review, including that it paid insufficient attention to issues of gender.