Under Super Early Release (SERS), the ATO approves the release of money from superannuation accounts.  However, funds will be responsible for executing benefit payment requests.  Payments will follow the established process for early release on compassionate grounds....

What a difference a month can make! Never in their wildest dreams would financial services companies have thought they would have the majority, if not all, of their employees working from home, online and in most cases doing it successfully. In a swift few weeks,...

The coronavirus and the need for funds to be able to meet liquidity as a result of the increase in financial hardship claims from superannuation is creating uncertainty and delay on planned fund mergers.   The Government on the other hand has suggested that funds...

As the world battles with the spread of the coronavirus, the importance of pandemic planning for financial service organisations including superannuation funds cannot be understated. The IQ Group recently held an internal discussion on pandemic planning. We discussed...

All Australians are concerned about the future, and the reality or possibility of financial hardship as a result of this pandemic.  While the Government has announced programs to help people, like the JobKeeper initiative that might benefit 6 million Australians, many...