Posts tagged financial hardship

Six Reasons Super Fund Mergers Will Accelerate Post Pandemic

The question, “Should my fund continue to exist?” if asked three months from today, may produce different answers to the same question if asked earlier in 2020. Smaller funds with members concentrated in vulnerable industries are taking most of the heat around viability during the coronavirus crisis, but cracks are showing up across many funds.

superannuationGuest User20 April 2020anthony forbes, qmv, superannuation, fund, merge, merger, covid-19, coronavirus, ato, apra, federal givern, federal government, helen, helen rowell, parliament, afr, early access, financial hardship, liquidity, super, sft

Superannuation Funds Brace For Possible Deluge Of $10K Early Access: COVID-19

In response to the ongoing COVID-19 pandemic, the Australian government has passed legislation to allow affected individuals early access of up to $10,000 from their superannuation. Due to the fast-paced nature of the crisis, superannuation funds and administrators are working vigorously provide members with the services and information they need.

administration, data, regulation, risk, superannuationGuest User30 March 2020superannuation, 10000, covid-19, early access, financial hardship, risk, policy, contact centre, call centre, financial advisors, qmv, mark vaughan

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