Search Results | Showing 141 - 150 of 215 results for "Early Release of Super" |
| | | Around 177,000 applications for the Early Release of Super scheme were received in the week ending May 31, as the total approaches two million. Since the inception of the scheme in mid-April, payments that have been made to eligible members have taken ... |
| | | | ... also confirmed about 1.78 million people have now applied to access their super under the government's early release of super scheme. This equates to about $14.5 billion in withdrawals, she said. "That initiative has been working very well, which ... |
| | | | ... security, transfer balance caps, the proposed change to the work test and the conditions to be eligible for early release of super. Ashenden added that advisers are also grappling with how to meet FASEA requirements in isolation. Especially with the ... |
| | | | ... APRA because those matters were dealt with during the Royal Commission," Wilson said. When the topic of early release of super came up, Leigh pointed out that some retail funds have performed quite badly in terms of APRA's five day timeline. Leigh ... |
| | | | ... it called for the government to establish a co-contribution scheme for Australians who have accessed the Early Release of Super scheme and wish to replenish what they removed. "The government would contribute $1 for every $5 a member contributes, up ... |
| | | | ... to redundancies. However, the fund has not seen an unexpected boost in early release requests. "To date early release of super applications are at the lower end of expectations. We have a very conservative approach to liquidity, so even if the number ... |
| | | | Despite COVID-19 restrictions easing across the country, applications for the Early Release of Super scheme have shown no sign of slowing, according to APRA's weekly data. Over the week to May 24, superannuation funds made payments to 220,000 members ... |
| | | | ... initiative to help manage through the crisis. "What we're also finding from our analysis is that the early release of super is having a deeper impact on the retirement savings of women." With women already lagging behind their male peers in long-term ... |
| | | | ... to APRA's most recent stats, Crescent Wealth has so far paid $9.4 million to members as part of the early release of super scheme. |
| | | | The Australian Financial Complaints Authority (AFCA) has received over 3180 COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum ... |
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