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Showing 21 - 30 of 84 results for "Early Release of Superannuation"

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... super funds' management of liquidity pressures throughout 2020, particularly the impact of the early release of superannuation scheme. However, the central bank said there is still room for improvement. With APRA having already called on funds to reassess ...

AMP sees 245% jump in consumer interest

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... manager, workplace engagement Stephen Owen said. "From COVID-19 related topics like JobKeeper and the early release of superannuation program to niche themes around back to school subsides and relationship breakdown entitlements, Australians explored ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... Commission, Retirement Income Review and Jeremy Cooper and David Murray's reviews) have recommended early release of superannuation for housing. Australia currently does allow people to use voluntary superannuation contributions more than SG rates, to ...

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
Young workers who took advantage of the early release of superannuation have less than $1000 in their nest egg, a new study that details the impact of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
More than one million New South Wales residents took advantage of the early release of superannuation scheme, withdrawing $10 billion, new analysis shows. Industry Super Australia looked at the popularity of the ER S scheme across suburbs and found ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... have confidence in the security measures the ATO has in place to protect the integrity of the early release of superannuation scheme." The spokesperson added that the ATO's systems were never breached and the incidents were related to things like phishing ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Platform inflows are returning to normal as the impact of government's early release of superannuation starts to wear off, according to Credit Suisse. In the September quarter, platforms reported $1.9 billion in outflows. However, if you exclude $3.9 ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... 12. 6. ATO to verify early release requests (March 31) Senator Jane Hume confirmed ahead of the early release of superannuation scheme opening that the ATO would be responsible for verifying member requests before requesting super funds release the funds ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... respectively. One in three members of AMP superannuation who work in hospitality applied for the early release of superannuation scheme, which is the most of any industry recorded. "Our industry also has an important role to play in helping those Australians ...

Aussies continue to drain super

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Over the week to September 27, a further 36,000 applications were received by funds for the Early Release of Superannuation (ERS) scheme. Of the 36,000 applications 22,000 were first-timers and 14,000 were repeat applications. Initial applications total ...