From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...
Iress has issued an update denying the validity of “certain statements” made today by an alleged threat actor....
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month....
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super ...
I am guessing "wiped out" means reduced the super balance down to $Nil. That means the most this cohort withdrew was $10,000. What type of luxurious retirement was the $10,000 supposed to deliver?
If people were able to dip into their super earlier for extreme unexpected events like involuntary unemployment (such as the current measure) it would likely lead to greater engagement with their Super from younger members. Instead of making some negative statement on how this is eroding people's retirements the ISA should be putting a positive spin on how many of their members they have been able to help in their time of need.