Search Results | Showing 111 - 120 of 162 results for "ERS" |
| | | ... whether any more could be done to protect Australians. Early on, super funds were concerned of the dangers of fraud in the ERS initiative, raising concerns about increased levels of fraudulent activity as it was rolled out. |
| | | | ... balances. An ASIC missive caused the peak body for industry superannuation to reconsider how it calculated the impact of the ERS initiative on retirement balances of super fund members, a response to a Parliamentary Joint Committee on Corporations and ... |
| | | | Over 70% of ERS applications have come from members with account balances with less than $50,000, according to analysis from AMP. AMP said members working in the hospitality, arts, recreation, manufacturing and wholesale trade industries had highest ... |
| | | | ... chair Helen Rowell said the figures show super trustees understand the importance of paying people quickly. Processing of ERS application resumed as of yesterday after having been paused to allow for enhancement of ATO systems and to assist an Australian ... |
| | | | ... extraordinarily popular scheme. In some respects, sadly popular." Sukkar added that there has been over 1.2 million applications for the ERS scheme which totals over $10 billion. "There's been one isolated incident where, I think it's fair to say, identity ... |
| | | | ... HESTA and Hostplus. Link said it has seen increased member activity, with contact centre volumes swelling as a result of the ERS, investment switching and an increased demand for advice. This increased demand has also seen the operating hours of Link ... |
| | | | ... and they're set to face some tough penalties if they assist in the illegal early release of super. Under the government's ERS scheme, a number of key issues face SMSF trustees and navigating those issues can be complex, as the ATO releases new information ... |
| | | | ... pressure in March, raising their cash levels prior to the commencement of the government's early release scheme. "Since the ERS was first announced in late March, we have certainly seen significant selling pressure across the liquid assets such equities," ... |
| | | | ... Design and Implementation document the ATO outlined that only where there has been a "genuine mistake" may members alter their ERS applications. The ATO said it is working with individuals where it has been established that there has been a genuine error ... |
| | | | ... to comment further at this stage," it said. Over a billion dollars was withdrawn from super funds in the first week of the ERS scheme being active. The ATO has said it is up to each individual to self-determine if they are eligible and do not need to ... |
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