QSuper Exits Comprehensive Advice, Thousands Have No Super Left; and Banks Offer Further Relief to Some

Hot on the heels of the announcement that QSuper will no longer offer their members comprehensive advice, a new report from Industry Super Australia has found nearly half a million Australians have emptied their super accounts following the governments early access to super scheme. In more promising news, today major banks announced they may extend mortgage payment deferrals to those still struggling financially from the economic effects of the pandemic.