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Showing 11 - 20 of 332 results for "Early release"

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... Australians agree that super is for providing financial security in retirement and support law changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry Super Australia (ISA) revealed ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
Industry Super Australia (ISA) has warned against repeating the early release of super scheme that gave unrestricted access to retirement savings. The early release of super scheme allowed individuals to withdraw up to $20,000 of their retirement savings ...

AustralianSuper, Link extend partnership

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... "In challenging periods of volatile share market performance, fund consolidation, and the Federal Government's Early Release Program during the COVID pandemic, Link Group has played a critical and valuable role." AustralianSuper chief operating officer ...

Private market investment impediments not insurmountable: Frontier

ANDREW MCKEAN  |  TUESDAY, 22 NOV 2022
... performance test, uncertainty has disproportionally impacted illiquid asset classes. Policies like the COVID-19 early release of super scheme created unforeseeable demands on liquidity, such a precedent caused funds to hold lower levels of illiquid assets ...

Not enough being done to fix super gap: AIST

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... objective of super, noting that many of those who withdrew money from their superannuation during the pandemic's early release of super scheme will struggle to make up the COVID savings gap, particularly women. "We want to ensure that governments ...

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
The government's COVID-19 early release of superannuation (ERS) scheme saw the closure or near emptying of almost one million member accounts, largely held by women, single parents and the unemployed. A new analysis by the Association of Superannuation ...

Adviser banned over early release scheme

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... borrow some of what was invested on the understanding there was no obligation to repay it, illegally facilitating the early release of super. ASIC said Simeone's clients assumed what they were doing was legal and appropriate. Not only did it see ...

A mixed year for super: KPMG

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... Over 2020/21 investment markets and the super sector rebounded from the initial impacts of the pandemic but the Early Release of Super scheme continued to impact membership. The early release payments and the first stage closure of eligible rollover ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... said it anticipated as lump sum benefit payments have reverted to longer term trends following the removal of the Early Release Scheme. APRA statistics laid bare the ramifications of the super early release scheme showing a relatively stable five-year ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... In a report published in March 2021, ASFA found that none of the reviews of superannuation have recommended the early release of super for housing deposits. This same report showed that the early release of superannuation for housing deposits was fundamentally ...