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Showing 21 - 30 of 543 results for %22Early Release Super%22

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 ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... find it so difficult to manage both their symptoms and their work that they consider taking a career break or opt to retire early. Backing this, recent studies in the UK, conducted as part of an as-yet unsuccessful campaign for menopause leave, indicate ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... leave, the Budget documents added. Regarding childcare, the government is investing $4.7 billion over four years to make early childhood education more affordable for around 1.26 million families. Childcare subsidy rates will increase from 85% to 90% ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... Price Index increased by an average of 1.8% per quarter, marking a higher historical average of 0.6% per quarter since the early 1990s, ASFA chief executive Martin Fahy said. For retirees, falling real wages have meant that the Age Pension payments have ...

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 ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... their funds, rather than have super funds use the money to buy properties that individuals then rent. He also claimed that early access to super can be a dignified solution for those facing financial difficulted due to medical needs or unemployment. ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... publish the heatmap, which is being updated using data submitted through the new APRA Connect system, for the first time in early 2023. Working alongside ASIC, APRA said it also endeavours to influence improved retirement outcomes in the new year. Both ...

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 ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... and the level of transactional activity," the regulator said. As such, RSE licensees are directed to develop and monitor early warning indicators to identify emerging liquidity risks, appropriate liquidity buffers within each option, and liquidity limits ...