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Showing 91 - 100 of 588 results for early release of super

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... understated. On prudential standards for reserving policies, the AIST stated any plans must include a trigger framework for the early identification and monitoring of stress. The organisation also prescribed that governance arrangements monitored triggers ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... directly in healthcare and the acquisition would greatly compliment HESTA's existing investments in social infrastructure, early-stage biomedical development and software and digital services providers. The development comes after Ramsay Health Care ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... government to investigate the extent to which women were coerced into withdrawing their superannuation under the Early Release of Super scheme in 2020 and 2021. "This information is critical in informing future policy decisions and avoiding unintentionally ...

More super, less tinkering: ASFA

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
... guarantee increases may mean that many people will have to work longer in order to retire" and 58% agreed that giving people early access to their super will undermine the fairness of the system. "The views of the community were unequivocal. Australians ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
... need to be addressed by the Government, rather than being referred to the QAR for a recommendation. We look forward to an early outcome on these matters," he said.

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... important than ever that governments do whatever they can do to provide them with the quality of life they deserve." As early as 2009, Financial Standard archives show AIST and the ASFA were lobbying for a baby bonus to be paid to new mothers. In 2009 ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... contribution flows during 2021 netted $58.5 billion, reflecting a large increase that factors in the completion of the early release of super scheme withdrawals as well as growth in total contributions. Most APRA-regulated assets comprised MySuper products ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... low-income earners have been impacted by the acceleration of price increases, COVID-19 and policies such as the early release of super. "It is crucial that the government addresses the repair of people's retirement budgets as we start to see the ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... retirement savings because of financial hardship spiked in June 2020, thanks to government incentives such as the Early Release of Superannuation Scheme, reaching $826 million. The following financial year, some $658 million was released based on financial ...

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... Scheerlinck said. "The impact of coercive control in a violent relationship was starkly demonstrated in 2020 in the early release of superannuation scheme, with many women being coerced into accessing their super or having it fraudulently accessed by ...