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

Search Results

Showing 21 - 30 of 138 results for "Early access"

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... requires significant revision to accommodate for specific situations, including when a long-term contributor requires early access for a 'good reason' or when an individual is better to manage their own super funds because of the skill and expertise ...

More super, less tinkering: ASFA

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
... increases may mean that many people will have to work longer in order to retire" and 58% agreed that giving people early access to their super will undermine the fairness of the system. "The views of the community were unequivocal. Australians value ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
A former financial adviser was sentenced to jail for facilitating the illegal early access of clients' superannuation to the tune of $1.5 million. Victoria-based Ahmed Saad operated Saad Wealth Management between 10 April 2012 until 16 October 2017 ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
... Retirement Income Review, a Senate Inquiry and Grattan have all rejected 'super for a house'." Not only would allowing early access to super to buy a home hurt the retirement savings of young people, ISA pointed to research from economists - including ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... 2020 with an (astronomical) interest rate of 10%, this would have resulted in less foregone personal wealth than the early access to super scheme."

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... introduced at the same time, will not be extended. Relief to facilitate advice about the federal government's early access to superannuation initiative has ended as the scheme was finalised on 31 December 2020. Advisers did not need to provide an ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... payments. The regulator claims Bhandari told consumers to make false statements to their super fund trustees to gain early access to their super balances. He also was found to have given consumers personal advice despite only being authorised to give ...

Industry fund CIO resigns

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... through one of the most challenging years for the fund due to COVID-19, volatile markets and the introduction of early access to superannuation," he said. "LUCRF Super has a proud track record spanning more than 42 years and we know the investment strategy ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... GDP (up from 151% the year before) was particularly impressive, given over $37 billion in outflows because of the early access to super scheme. "While early release supported members in their time of need during the pandemic, Australian funds have shown ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
... Zealanders. True to our long-term purpose, AMP stepped up to support our clients navigate the uncertainty, providing early access to their super, pauses on their mortgage repayments, relief on their rent and advice and guidance when needed," De Ferrari ...