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Showing 2611 - 2620 of 6136 results for "Australians"

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... the new rules'. An ACCC spokesperson told Financial Standard the scams have increased since the government announced Australians suffering financial stress as a result of the economic impacts of COVID-19 could access up to $10,000 of their superannuation ...

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... government's new early release of super initiative as an opportunity to swipe the retirement savings of unsuspecting Australians. Intrust Super has warned its members of the risk they will be targeted by fraudsters posing as agents who can help members ...

Time for financials to step up: Study

ALLY SELBY  |  THURSDAY, 26 MAR 2020
New research reveals that nine in 10 Australians believe the finance sector has a key role to play in generating positive social, environmental and economic outcomes for the nation. The study comes out of Australian Ethical and Responsible Investment ...

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... short-term demand from investors for early access to their superannuation would exceed $25 billion if 1.35 million working Australians each accessed the full amount. Jenkins said the ATO, which would make the determination on early release, could also ...

Super fund merger delayed

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... restrictions as a result of COVID-19 have put extra strain on people. "Clearly things have changed rapidly for all Australians in the last few weeks. We recognise the pressure that this is putting on our members and our staff, both at work and at home," ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
COVID-19 and the accompanying market correction has temporarily wiped out nearly $290 billion from Australia's superannuation system since the ASX's February 20 peak, according to new analysis from Rainmaker Research. Many superannuation funds lost ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
Some of the nation's largest superannuation funds have revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
Australians who take out $20,000 from their superannuation due to the COVID-19 economic slowdown will sacrifice nearly $79,000 from their retirement nest eggs, according to new Rainmaker modelling. Rainmaker modelled after-fee, after-tax superannuation ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... than superannuation funds. It comes as the industry responds to Prime Minister Scott Morrison's proposal to allow Australians financially impacted by the coronavirus to withdraw up to $20,000 over the next two financial years from their superannuation ...

Investment specialist joins sustainable fund manager

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... growing portfolio of specialist disability accommodation assets, which is providing new, purpose built housing for many Australians with disability." O'Dea said she was looking forward to working with the firm's current and future clients. "I am really ...