COVID-19 and its impact on Super

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Latest news on Covid-19 and Super

Changes to pension drawdown amounts
Changes to pension drawdown amounts

26 May 2020

From 25 March 2020, the Government announced that it has temporarily reduced the minimum drawdown requirements for account based pensions.

   
What should you do if you have switched to Cash?
What should you do if you have switched to Cash?

12 May 2020

You may believe that by switching to cash you’ll be protected against further falls from investment markets, it also means that you may miss out when markets recover or bounce back.

   
WA Super March Performance Update
WA Super March Performance Update

8 May 2020

The recent health and economic crisis caused by the Coronavirus outbreak has had a significant impact on equity markets. But it’s not all bad news.

   
Wellbeing & working from home: adapting our ‘new normal’
Wellbeing & working from home: adapting to our ‘new normal’

28 April 2020

During these uncertain times, many of us are faced with changes not only to our work arrangements but our day to day lives. For those of us fortunate enough to work from home, our new normal might take some getting used to.

   
Coronavirus and early access to your super
Coronavirus and early access to your super

15 April 2020

If you are experiencing financial stress as a result of coronavirus, you may be able to obtain early access to your superannuation.

   
bond returns
Why are bond returns negative in March?

2 April 2020

As markets across the world are coming to grips with the escalating COVID 19 pandemic, liquidity has become scarce and basic market functions have been impaired. Prices everywhere are no longer about fundamentals or valuation, but instead are being driven by non-economic considerations.

   
should i switch to cash
Should you switch to a more conservative investment option in volatile markets?

1 April 2020

In an environment like this, there is often an instinct to attempt to limit losses and avoid further volatility by switching to conservative or defensive investment options, like a Cash Option. There are three very important considerations when thinking about a switch to a more conservative investment option.

   
coronavirus2
Coronavirus and Investment market video update

17 March 2020

A special update on investment markets from our Chief Investment Officer and what you can do.

   
turmoil
Update on investment market turmoil and what options you should consider

9 March 2020

As worry about the expected impact to global economies from Coronavirus intensifies, share markets have experienced a sharp sell-off. For most of WA Super’s members, the most appropriate response is likely to be ...

   
coronavirus
How is Coronavirus (COVID-19) impacting your super investments?

4 March 2020

The spread of the Coronavirus (COVID-19) infection and its impact on global economic activity has troubled investors and created uncertainty and speculation in the media following recent equity market falls.

 

Government and emotional support

There are Government support services available to help you during these challenging times.

If you’re feeling overwhelmed and need some additional support, you’re not alone. Emotional support is available, depending on your needs. Contact one of these free and confidential services.

  • Head to Health
    Provide trusted online and phone support, resources and treatment options.
  • Beyond Blue
    Ph: 1300 22 46 36
    24 hours, 7 days per week
    Provide immediate and confidential support through their 24/7 helpline and online chat services with trained mental health professionals
  • Lifeline
    Ph: 13 11 14
    Provide 24 hour crisis support and suicide prevention services.
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