Tag: superannuation fund management
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HESTA Freezes Services, Impacting Over a Million Members Until June
Superannuation fund HESTA has announced a freeze on its services in a planned outage, impacting over a million members who will be unable to access their funds until June. The move is part of the fund’s transition to a new administration provider, a process that began in February. While HESTA has provided information about the…
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Market Turmoil Sparks Retirement Uncertainty for Australian Seniors
Norma Lancaster, a business analyst in Melbourne, had been contemplating retirement after a 40-year career. However, the recent market turmoil has forced her to reconsider her plans. At 63 years old, Norma is now uncertain about affording retirement due to the impact on her superannuation. How to Retire Early With Low Savings: The Best Retirement…