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Showing 131 - 140 of 344 results for "Early Release"

Female access to ERS to widen gender super gap

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
The Early Release of Superannuation (ERS) scheme is expected to impact female workers and widen the gender superannuation gap according to The Australian Institute of Superannuation Trustees (AIST) and Women in Super. New data shown at the annual Women's ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... income levels. The research, Impact of COVID-19 on Retirement Adequacy, looked at COVID-related factors beyond the Early Release of Super (ERS) scheme to include investment returns, switching behaviour and unemployment. The projections illustrated that ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... keep our business running during COVID-19. " McMurtie said the business had done well to execute the government's Early Release of Super (ERS) scheme which was recently extended until the end of the year. "Our technology, scale and expertise have enabled ...

Raiz shuffles leadership team

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... to $70 million from the previous corresponding period despite over $7 million being withdrawn as a result of the Early Release of Super scheme. Lucas said he is proud to be reporting the results considering the volatility and economic uncertainty in ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... substantial increase in the number of insolvencies. "The terrible combination of drained superannuation accounts through early release and dried up super contributions from employers can have a devastating impact on retirement savings," ASFA chief executive ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... Contributions to superannuation in the June quarter were mildly greater than the amount removed due to the government's early release scheme, according to the latest figures published by APRA. Contributions in the June 2020 quarter were $33.6 billion ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... widening an already unevenly distributed retirement savings gap, particularly in regards to the government's Early Release of Super (ERS). AIST commissioned Mercer to model the impact of ERS and reduced contributions on retirement balances and found ...

ERS applications slow

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
Over $31.6 billion has been removed from superannuation since the start of the Early Release of Superannuation (ERS) scheme, but applications appear to be slowing down. In the week to August 16, around $600 million was paid out to members, down from ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... outcomes." Suncorp said its wealth business has been supporting members impacted by COVID-19 through the government's Early Release of Super (ERS) scheme. It said as at 30 June 2020, the wealth business has made approximately $99 million in ERS payments ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... envy of the modern world," he said. It comes as the Master Builders Association has pushed for a proposal for the early release of super to address housing affordability. ASFA chief executive Martin Fahy said the proposal would inflate the price of a ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN  |   12:13PM
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA  |   12:05PM
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA  |   12:03PM
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI  |   11:12AM
Global X has now launched the space tech ETF (ASX: MOON).

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