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Showing 111 - 120 of 223 results for "Early Release of Super"

ACCC flags dangers of ERS

ELIZABETH MCARTHUR | WEDNESDAY, 19 AUG 2020

... trick them into "investing" the money in a way that would give them access. But now, with the government's early release of super measures in place, scammers have adapted and changed tact. Rickard said consumers need to be wary of anything online that ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN | MONDAY, 17 AUG 2020

New research released by illion found that 38% Early Release of Super (ERS) applicants saw no drop in their income during the COVID-19 crisis, as withdrawals surpass $31 billion. The research found that the scheme has continues to drive a huge spending ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN | FRIDAY, 14 AUG 2020

The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle. Speaking at the FINSIA Future of Super webinar ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN | THURSDAY, 13 AUG 2020

AMP has reported a near halving of its wealth management earnings and announced it is buying back Mitsubishi UFJ Trust and Banking Corporation 15% stake in AMP Capital. The embattled wealth manager has reported its first half underlying profit was $149 ...

IOOF, LUCRF Super on ERS workload

ELIZABETH MCARTHUR | WEDNESDAY, 12 AUG 2020

IOOF and LUCRF Super have revealed that the government's early release of super program was one of the most challenging elements of the COVID-19 pandemic to adapt to. IOOF head of fund statutory reporting Paul Tsironis said that ERS resulted in a huge ...

ISA, Grattan find common ground

ELIZA BAVIN | TUESDAY, 11 AUG 2020

... some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ERS scheme, and don't top up their ...

AFP charges early release scammers

ELIZABETH MCARTHUR | MONDAY, 10 AUG 2020

... under the new COVID-19 measures. AFP Taskforce Iris has charged seven people in total with submitting false early release of super (ERS) claims. Police will allege the group submitted several fraudulent applications, claiming to be other superannuation ...

New platform launches for super funds

ELIZA BAVIN | MONDAY, 10 AUG 2020

... some funds' gradings changed dramatically from the first Heatmap." Briant also mentioned the government's Early Release of Super scheme, which he said helped increase engagement by individuals with their super. "At the same time COVID-19 Early Release ...

It's your money: Hume calls out Keating

ELIZA BAVIN | THURSDAY, 6 AUG 2020

... Senator Jane Hume has called out former Prime Minister Paul Keating over his criticism of the government's Early Release of Super scheme, calling him elitist. Taking to Twitter, Hume implied the former Prime Minister was part of an elite upper-echelon ...

ERS scheme referred to Auditor-General

ELIZA BAVIN | THURSDAY, 6 AUG 2020

The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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