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Showing 1591 - 1600 of 6150 results for "Money"

Funds receive first ERS applications

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... did not elaborate on the nature of the issues. "We do not expect this to cause any delay with individuals receiving their money," it said. "We can confirm that there have been no privacy breaches." The ATO also released a number of key messages that ...

Seek financial advice: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... financial adviser if they're confused or a registered tax agent or there's also a very handy calculator on [the Money Smart -] ASIC's Money Smart website that will tell you exactly what taking out money from superannuation means for you." ...

APRA to track ERS payment times

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
APRA is set to name and shame the superannuation funds that straggle in releasing member's money to them as part of the early release scheme. APRA has launched new data collection to assess the progress and impact of the government's temporary early ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... switching between funds," Bragg said. The questions come after ongoing concerns about super funds ability to release members money through the Early Release Super scheme in response to COVID-19. Bragg said he wants to know when the regulator last asked ...

Five day deadline tough but workable

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... request or the member file, with members being notified once the payment has been processed. "Ensuring Australians receive the money they need quickly is our priority," Bloch said. "However, there are still necessary information and security checks required ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... campaign to retain commissions, the industry body has accused the Financial Planning Association of Australia of taking money from the big banks in return for support. Writing to members, Association of Independently Owned Financial Professionals director ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... took to Twitter to slam the ISA polling, saying the move was disappointing. "Disappointed to see [ISA] using members' money to conduct push-polling in a tawdry attempt to undermine confidence in the early release of super mechanisms," Hume said. ...

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... the Mayfair 101 Group's products. Investing in the products offered by the Mayfair 101 Group is not the same as depositing money in a term deposit offered by a bank. Investing in Mayfair 101 Group products has a higher level of risk compared to investing ...

Aussies flood to ERS as applications open

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... days to pay out members once they have been notified by the ATO to do so. In addition, members will be allowed to withdraw money from multiple funds so long as they have done so in the same application. If the account had been transferred to the ATO ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... who could not have promoted or operated a managed investment scheme by law. It also said it would have to raise or borrow money to pay the levy. It argued against the custody fee component on similar lines, with the additional point that it could not ...