Search Results | Showing 131 - 140 of 162 results for "ERS" |
| | | ... the next five days," he said. The Australian Taxation Office said it had received 975,300 registrations of interest for the ERS scheme before applications officially opened on April 20. "In terms of the number of people registering, this should be used ... |
| | | | The ATO has confirmed the first batch of ERS applications have been sent to superannuation funds. The ATO said the implementation of the early release of super scheme for those financially effected by the COVID-19 crisis is progressing well. "We are ... |
| | | | ... collection form. The announcement comes after the regulator said funds will be given five days to pay members through the ERS scheme. In exceptional circumstances, APRA acknowledged that the process for making a payment may take longer, however still ... |
| | | | ... an ambit claim." ATO figures show that over 880,000 Australians have registered their interest in accessing the governments ERS scheme. Funds have been given five days to release a member's money once they receive the request from the ATO. |
| | | | ... national interest." Hume went on to say that many of the super funds ISA represents have been public in their support for the ERS measures. "Early release is designed to help Australians financially affected by COVID-19. It's Australian members' ... |
| | | | ... be notified when application form becomes available," the spokesperson said. Last week the ATO clarified the rules for the ERS scheme giving funds only five days to pay out members once they have been notified by the ATO to do so. In addition, members ... |
| | | | ... the application process, it should be retained. The regulator said super cannot be released from a pension account under the ERS arrangements as anyone receiving an account-based pension is not eligible. "A member is receiving an account-based pension ... |
| | | | ... effectiveness, and insurance all simultaneously competing for attention. As a result of the government's Early Release Scheme (ERS), super funds find themselves implementing the means to fulfil their new responsibilities to members, while also finding ... |
| | | | ... comments come as the sector grapples with the liquidity considerations posed by the government's Early Release Scheme (ERS), which will see eligible Australian's allowed to withdraw up to $10,000 from their super savings this financial year and ... |
| | | | ... financial technology, told the AFR Wealth Summit the ATO will take on the challenge of verifying requests for early release super (ERS) payments and called on the funds to cooperate. "Right now, the government's ask of the $3 trillion super industry ... |
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