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Search ResultsShowing 31 - 40 of 100+ results for "Early Release of Super"
Hostplus can't be killed: Sicilia
ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
Hostplus chief investment officer Sam Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never ...
Legalsuper appoints executive, increases premiums
JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
The $4 billion industry super fund has welcomed a new executive manager of member experience formerly of Cbus . It comes as the fund prepares to also increase insurance premiums for its almost 40,000-strong membership. Carrie Norman has joined legalsuper ...
ERS sees Cbus members forfeit TPD cover
ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
Cbus has argued the Early Release of Super (ERS) scheme has been detrimental to many Cbus members, having withdrawn their entire balance and seeing the cancellation of their total permanent disability insurance. Speaking at the House of Representatives ...
Industry fund hikes premiums
JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... This does not impact full claims or rollovers, or any early access to super granted, including under the early release of super scheme. Finally, Intrust announced it will transition to daily unit pricing from December 1.
Majority of ERS applications double dippers
ELIZA BAVIN  |  MONDAY, 7 SEP 2020
The majority of payments made through the government's Early Release of Super (ERS) scheme have been double dippers, according to the most recent APRA data. In the period from the scheme's inception until end of financial year, 2.54 million applications ...
ERS to lead to rising pension costs, higher taxes
ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...
APRA reviews priorities in super
KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...
ERS withdrawals surpass $32bn
ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Retirement savings withdrawals have surpasses $32 billion since the introduction of the government's Early Release of Super (ERS) scheme. Over the week to August 23, 59,000 applications were received by funds of which 35,000 were initial applications ...
Female access to ERS to widen gender super gap
ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
The Early Release of Superannuation (ERS) scheme is expected to impact female workers and widen the gender superannuation gap according to The Australian Institute of Superannuation Trustees (AIST) and Women in Super. New data shown at the annual Women's ...
COVID-19 may delay retirement: WTW
ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... levels. The research, Impact of COVID-19 on Retirement Adequacy, looked at COVID-related factors beyond the Early Release of Super (ERS) scheme to include investment returns, switching behaviour and unemployment. The projections illustrated that the ...
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