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Showing 31 - 40 of 135 results for "Early access"

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... supporting the sector." The ATO helped facilitate several government stimulus measures including allowing individuals early access to their super, through the ERS scheme, and retirees to temporarily reduce their minimum drawdown amount by 50%. Micale ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... but the future impacts on retirement savings are unclear. "It's too early for the GRI to assess the impact of the early access scheme to future retirement outcomes. What we do know is that those who took up the offer, who were mainly younger and lower ...

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... June 2020. The early impact of COVID-19 can be seen in the spikes in complaints relating to travel insurance and early access to superannuation in particular," AFCA chief executive and chief ombudsman David Locke said. "With the early access to superannuation ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... rollover; otherwise the full balance will need to be withdrawn. 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 ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... affected women, through higher rates of unemployment and income loss, increased domestic demands, and the Superannuation Early Access Scheme," the paper said. "As the nation's leading voice calling for gender equality in superannuation, Women in Super ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... know and trust. Furthermore, the booming tech and consumer discretionary sectors are being buoyed by investors using early access to superannuation to bet on the share market. ASIC raised concerns about the influx of new retail investors trying their ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... that the government measure and publish the super gap each year and assess the impact that COVID-19 and changes to early access to super have had on women.

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
The Australian Federal Police have charged three people with allegedly submitting false claims to gain early access to superannuation under the new COVID-19 measures. AFP Taskforce Iris has charged seven people in total with submitting false early release ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... hardship caused by the economic impact of COVID-19. This was the clear intent of Parliament in legislating for increased early access," he said. "The government administration of the scheme appears to have departed from this legislated purpose. Evidence ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... program, have all their entitlements honoured and be provided with a two-year extension of employee travel benefits and early access to retiree and long service benefits." Backed by Bain Capital's $150 billion in assets under management, Virgin Australia ...