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Showing 91 - 100 of 543 results for %22Early Release of Super%22

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... number of website projection tools that estimated retirement balances and highlighted the impact of accessing superannuation early. "We also found that intra-fund advice provided during this time was consistent with previous assessments of the quality ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... Commission, Royal Commission, Retirement Income Review and Jeremy Cooper and David Murray's reviews) have recommended early release of superannuation for housing. Australia currently does allow people to use voluntary superannuation contributions more ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... the housing market needs is firing up stronger demand." Additionally, Turnbull said the Morrison government's early release scheme, to allow Australians to access up to $10,000 from their super if they had been impacted by COVID-19, was also the ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... reaching amounts of $1 million. AFCA resolved disputes totalling $294 million. Earlier this year, the ATO found the early release of super scams cost Australians over $6 million. Untersteiner noted that superannuation funds worked with AFCA to resolve ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
According to analysis from Rest, the "pink recession" might have been exacerbated by the government's early release of super program. More than half a million women accessed their super early as part of the scheme. Industry super fund Rest, which has ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... to AMP. AMP said over 80,000 of its women members accessed their superannuation savings, through the government's early release scheme, and withdrew a higher proportion of balances than men. "This money provided much needed assistance at a time of considerable ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... Australians," Hume said. Despite the fact that about $37.3 billion was withdrawn as a result of the government's early release of super scheme, the second half of 2020 enjoyed a strong market recovery. During the quarter, net contribution flows were ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... ASIC said the services were not provided and the fees were instead rebated to his clients facilitating unlawful early release of their superannuation benefits. The latest development follows ASIC permanently banning Saad from providing financial services ...

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19. The ME Bank Household Financial Comfort Index improved by 2% to 5.89 out of 10 during ...

Public sector super satisfaction rises

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... 61.4%. Levine said the impact of the fall in stock valuations as a result of COVID-19 along with the government's early release of super scheme impacted members' satisfaction with their fund. "Together these factors focused people's attention ...