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Showing 1121 - 1130 of 5165 results for "Early"

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... around budgeting, cash-flow planning and bill prioritisation during COVID-19. Applying for government incentives like the early release of super was also a burning question. McPherson told the recent Association of Superannuation Funds of Australia (ASFA) ...

The future of quality advice: SMSFA

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
... he said. In addition, Ryan suggested advisers proactively monitor client portfolios and accounts to pick up on any issues early rather than reflecting on an audit. Looking forward, both Ryan and Deloitte partner Tim Worner expect the advice industry ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... necessary. "As industry steps up to manage both financial and non-financial risks, ASIC will only need to intervene when early warning signs of harm and misconduct require us to do so," Hughes said. "I regard PIP as an extremely important addition to ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... 175% of GDP (up from 151% the year before) was particularly impressive, given over $37 billion in outflows because of the early access to super scheme. "While early release supported members in their time of need during the pandemic, Australian funds ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... leading) indicator of economic activity. Hence, the moniker Doctor Copper. China's - the world's biggest copper importer -- early return to growth in 2020 may have provided the impetus for the resurgence in copper prices. This is highlighted by the continued ...

Westpac to combine Advance super with BT Super

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... recently: Advance Super Account, Advance Allocated Pension Account and Advance Fixed Term Pension account. Between mid-March and early April 2021, Westpac will replace the three Advance products with a BT Super account within Retirement Wrap, it said. ...

Financial services sees improved mental health

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
... government measures designed to ease the financial hardship faced by many Australians. Helping Australians navigate the early release of super scheme, mortgage deferrals and reductions, and broader legislative changes, saw many in the industry working ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... retirement and more reliant on the publicly funded age pension." "There is no free lunch, for every dollar taken out of super early the taxpayer has to pay back even more in higher pension costs - that's why if the government opts-out of super it opts-in ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
... New Zealanders. True to our long-term purpose, AMP stepped up to support our clients navigate the uncertainty, providing early access to their super, pauses on their mortgage repayments, relief on their rent and advice and guidance when needed," De Ferrari ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
APRA has revealed the final figures representing the impact of the government's early release of super scheme which saw 3.5 million Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation ...