Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 9614 results for "Release"

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... continue practising dentistry. Australian Taxation Office (ATO) data for the 2024 financial year shows it approved the release of more than $1 billion of superannuation on medical grounds, jumping 37% year on year. Six years ago, some $389.1 million ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... better align the scheme with the Superannuation Industry (Supervision) Regulation 1994 (SIS) definition for the early release of superannuation benefits under a terminal medical condition, the insurance policy definition of terminal illness to receive ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... critical ASX continues to prioritise the safe and efficient operation of its infrastructure, including progress towards Release 1 of the CHESS replacement project in mid-2026," Longo said. ASX chair David Clarke commented: "We acknowledge the seriousness ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... governance and delivery challenges that must be addressed." More recently, the ASX has revealed the cost of the CHESS Release 2 could be up to $320 million - while Release 1 will cost about $105 million and $125 million. Speaking at the Investor Forum ...

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... for up to 12 months. The funds will also waive premiums for members following the payment of a financial hardship early release claim for up to 12 months. The waiver can only be applied once and the members' account must have a balance greater than zero ...

King's honours list recognises excellence in super, finance

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
The 2025 King's Birthday honours list featured several heavyweights from the superannuation, funds management and sustainable investing sectors. A superannuation fund investments chief was one of the recipients of the highly coveted Medal of the ...

ASIC shrinks IPO timetable to boost listings

MATTHEW WAI  |  TUESDAY, 10 JUN 2025
Initiating a two-year trial today, ASIC has enabled a shorter initial public offering (IPO) timetable for eligible entities seeking to list on the Australian Securities Exchange (ASX). During the trial, ASIC will "informally" review eligible documents ...

Up to two million Aussies could face super tax: FSC

MATTHEW WAI  |  FRIDAY, 6 JUN 2025
New modelling from the Financial Services Council (FSC) shows that up to 1.8 million Australians currently in the workforce could be impacted by the proposed superannuation tax under one of the four scenarios. The four scenarios consist of: $3 million ...

Super needs customised, personalised approach: FSC

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
The Financial Services Council (FSC) says superannuation funds have the power to provide a sophisticated and personalised approach to meet members' retirement needs and must prioritise this amid the government applying pressure via the Retirement ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... Hillier said. AMP Super Lifetime is initially available to members under the age of 58 who've not met a full condition of release in their account. The feature has been automatically added for eligible AMP Super Choice members, while eligible MySuper ...