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Showing 31 - 40 of 130 results for "Early access"

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... know and trust. Furthermore, the booming tech and consumer discretionary sectors are being buoyed by investors using early access to superannuation to bet on the share market. ASIC raised concerns about the influx of new retail investors trying their ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... that the government measure and publish the super gap each year and assess the impact that COVID-19 and changes to early access to super have had on women.

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
The Australian Federal Police have charged three people with allegedly submitting false claims to gain early access to superannuation under the new COVID-19 measures. AFP Taskforce Iris has charged seven people in total with submitting false early release ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... hardship caused by the economic impact of COVID-19. This was the clear intent of Parliament in legislating for increased early access," he said. "The government administration of the scheme appears to have departed from this legislated purpose. Evidence ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... program, have all their entitlements honoured and be provided with a two-year extension of employee travel benefits and early access to retiree and long service benefits." Backed by Bain Capital's $150 billion in assets under management, Virgin Australia ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... leaves funds in a difficult position at a time when there are liquidity challenges, falling investment returns and early access withdrawals. These pressures, combined with heavier regulatory demands, will increase the likelihood of more fund mergers ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... July 2020 to 31 December 2020 for Australian businesses with annual turnover of less than $500 million. Temporary early access to superannuation will continue, with some who accessed their super last financial year now able to access a second sum. Eligible ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... There were 791 COVID-19 complaints about superannuation, accounting for around 9%, the majority of which related to early access of super. In total for the financial year, 4732 complaints were made with 1260 made against funds for delays in claim handling ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... your money or personal identifying information and contact you and charge for services that are free, like gaining early access to your superannuation," the ATO said. "If you receive a phone call, text message or email offering to help you release your ...

Australians look to rebuild super: AMP

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
... non-concessional super contributions were the most common topic dealt with by advisers compared with April, when advice on early access was most in demand. Calls about COVID-19 were still 9% of all enquiries received in May, but this was down from the ...