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Showing 4911 - 4920 of 18119 results for "superannuation"

Five day deadline tough but workable

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
One of Australia's largest superannuation administrators has responded to questions about how APRA's five day deadline for early release of super can be worked. Mercer head of industry and public sector funds Jo-Anne Bloch explained that administrators ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... nest egg comes at steep cost -it should be treated as a last resort." Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology, took to Twitter to slam the ISA polling, saying the move was disappointing. "Disappointed ...

The five threats to super fund survival

HARRISON WORLEY  |  MONDAY, 20 APR 2020
A global investment management software provider believes the COVID-19 pandemic provides superannuation funds five critical issues which must be addressed to ensure survival. A new white paper by investment management software provider SS&C highlights ...

CBA Group Super posts -7.7% returns for March quarter

KANIKA SOOD  |  MONDAY, 20 APR 2020
... pushing its one-year returns into the negative territory while longer-term remain buoyant. The average not-for-profit superannuation fund's posted -9% in returns for the month of March, based on analysis of 15 de-identified funds published by Rainmaker. ...

SuperFriend bolsters support offerings as demand peaks

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... funds, insurers and other workplaces within the sector. The organisation said call centre staff working across superannuation accounts are heavily impacted by the crisis, particularly as they deal with a flood on inquiries from super fund members aiming ...

Aussies flood to ERS as applications open

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... An ATO spokesperson told Financial Standard that while official applications for the COVID-19 early release of superannuation did not open until today, a large number of Australians had registered their interest. As at the end of 16 April 2020, the ATO ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... risk premium, but this is their own contributors that are involved. "I would like to see the industry and broader superannuation fund playing a more active role in dealing with the economic issues that we're dealing with at the moment." A spokesperson ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... for investments and advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie Cameron has been appointed as lead ombudsman for investments and advice ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
Once the Australian Tax Office approves a superannuation fund member to access up to $10,000 of their super early the fund will only have five days to hand over the money. As part of the government's economic stimulus package, those who have lost income ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... order to better help consumers work out which stimulus measures they qualify for and whether they should access superannuation early. To assist the provision of advice around early access to super, ASIC has allowed advice providers to not give a Statement ...