A study done on the early release of superannuation during COVID-19 raises the question of whether economic stability should be funded by those with lower future retirement balances or higher future taxes on the many.
Concerns have been raised around increased pressure on auditors to accept lower valuations by clients who may want to slip under the new $3 million superannuation threshold.
An analysis from Market Forces has found that Australia’s biggest super funds are greenwashing and exposing themselves to legal risk by failing to effectively engage with companies expanding fossil fuels.