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Showing 91 - 100 of 543 results for %22Super early release%22

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... lacked detail about how members' insurance through their superannuation might be affected if they chose to access their super early, or if their employment status changed because of COVID-19. "Several websites had inaccurate or incomplete information ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... industry funds should not be allowed to buy housing. The Association of Superannuation Funds of Australia today said allowing super to pay for home deposits will be inequitable and ineffective as its most likely people with higher income that can afford ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... Turnbull has turned on his former colleagues, Tim Wilson and Andrew Bragg, saying their proposal to give people access to super to spend in the housing market is "just wrong". Speaking with Industry Super Australia chair Greg Combet, Turnbull said whilst ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... 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 consumer ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... 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 the most female members of any super fund in the country, found ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Women need to take stock and focus on rebuilding their super after disproportionately withdrawing their retirement funds in comparison to men, according to AMP. AMP said over 80,000 of its women members accessed their superannuation savings, through ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... basis, the asset pool rose 2.2%, buoyed by APRA-regulated assets, which increased 3% to $2.06 trillion. The self-managed super fund sector was flat at $764.2 billion. Pitting retail funds against industry funds, the latter jumped 6% to $817.9 billion ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... that Saad, while working as an authorised representative of Apogee Financial Planning, illegally obtained funds from client super accounts. It is alleged Saad illegally obtained funds between $1000 and $28,000 from 168 client superannuation accounts ...

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
... Superannuation Satisfaction Report revealed member satisfaction in public sector funds reached a high of 75.7%, ahead of self-managed super funds by a slim margin of 10 basis points in the six months to January 2021. Across all sectors satisfaction with ...