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Showing 1511 - 1520 of 4513 results for "Saving"

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
Industry Super Australia and ME Bank will front the House of Representatives Standing Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been dramatically slashed without any warning. One letter from ME Bank, seen by Financial Standard, showed a customer's redraw balance ...

Software provider launches ERS tech solution

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
Bravura has launched a new technology solution that will enable its clients to better manage early release requests. Bravura Solutions has announced an ERS capability that will allow clients to commence processing the ATO's ERS payments from the April ...

Superannuation startup launches raise

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... self-employed workers don't contribute to their superannuation. On average they're [the fund's members are] saving 7-8% of their income towards their retirement each year, which is incredible given they were most likely saving nothing beforehand," ...

FPA launches new ROA solution template

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
The Financial Planning Association of Australia has launched a digital version of the Record of Advice (ROA) solution 'template' to support members who have been inundated with requests for advice, following the strong demand for early super access. ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
The government's early release scheme shaved $4 million from Raiz Invest's superannuation offering, as members drew down on their savings to weather the COVID-19 crisis. Funds under management in Raiz Invest Super fell 6.7% over the past three months ...

Global asset manager appoints local insto lead

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
A global asset manager overseeing almost $1 trillion in assets has appointed a local institutional lead. Aberdeen Standard Investments has appointed Vishal Sharma as institutional director of Australian and New Zealand, as the firm looks to grow its ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
Early release of super was the topic most frequently asked about by advisers during March and April, according to new figures from AMP's technical adviser support team. The next most asked about issue was minimum pension drawdowns as the government ...

Top adviser queries revealed

ALLY SELBY  |  THURSDAY, 30 APR 2020
Colonial First State's superannuation team has revealed the burning questions financial advisers are asking at the moment, with the team frequently fielding queries on early access to super and new social security measures. The queries included ...