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Showing 141 - 150 of 168 results for "ERS"

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... 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' ...

Aussies flood to ERS as applications open

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... 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 ...

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... 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 ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... 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 ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... 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 ...

ATO to verify early release requests

ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
... 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 ...

NSW adviser banned for 25 years

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
The Federal Court has handed down a 25-year ban to a New South Wales financial adviser and wound up two companies related to him following an ASIC investigation. Starting in 2008, Graeme Walter Miller advised SMSFs and other clients of CFS Private Wealth ...

First State Super confirms firefighter academy investment

MARK SMITH  |  WEDNESDAY, 29 JUN 2016
Investment from First State Super is helping to build a world class training facility for Fire & Rescue NSW (FRNSW). Launched by NSW Minister for Emergency Services, David Elliott and FRNSW commissioner Greg Mullins, the Fire & Rescue NSW Academy is ...

We don't need financial advice: Gen Y

DARREN SNYDER  |  THURSDAY, 9 APR 2015
... the next few decades. Their share of financial assets, which sat at just 36% in 2010, will jump to 70% in 2030. For Gen Y-ers, it's only the beginning of what will be a 40 to 50 year experience as workers, consumers, savers, borrowers and investors," ...

Elders Rural sale a growth prospect

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
Elders Rural Services (ERS) sale process is "proceeding well," according to Elders Financial Planning chief executive Helen Lorigan. Elders Limited announced the sale process for ERS, one of its main businesses, in late 2012 and considered the sale ...