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Showing 71 - 80 of 130 results for "Early access"

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... allowing short form SOAs, especially for new clients wanting to act on government relief announcements including early access to super. "In relation to clients being harder to see face to face as people self-isolate, allow verbal sign-offs of SOAs and ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... we're going to be well positioned to meet members demands - we just don't know how many members will [gain early access]." And this isn't an issue unique to Hostplus, a fact Elia said seems to have eluded some commentators to now. "It's ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
The government's plan to allow early access to super for those who have lost jobs and livelihoods as a result of COVID-19 is an enormous hurdle with a strict deadline - one that administrators admit they might struggle to meet. While early access ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... COVID-19 crisis due to the market crash and the government's stimulus package allowing struggling members to gain early access to up to $20,000 of their super. Wilson has called out these funds, saying it is inconsistent with evidence provided to ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... difficult, members are now scrambling to get in touch with their super fund, especially after the government allowed early access to superannuation for Australian's under financial stress amid the crisis. Calls for super release to borrow from RBA ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double. Research house Rice Warner has assessed the impact of the government's ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... Trustees both warned superannuation members of the dangers posed by scammers who were attempting to use the government's early access initiative as a way to swindle Aussies out of their retirement savings.

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... has warned its members of the risk they will be targeted by fraudsters posing as agents who can help members gain early access to their superannuation savings to help them through the economic crisis brought about by COVID-19. "Fraud attempts based on ...

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... Actuaries Institute's Superannuation Practice Committee, Tim Jenkins, said short-term demand from investors for early access to their superannuation would exceed $25 billion if 1.35 million working Australians each accessed the full amount. Jenkins ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... difficult, members are now scrambling to get in touch with their super fund, especially after the government allowed early access to superannuation for Australian's under financial stress amid the crisis. "These contributions to fee income will have ...