Search Results | Showing 41 - 50 of 105 results for "Financial hardship" |
| | | ... beyond the five day period and we know that this will be frustrating for these members." Under the existing financial hardship provisions, Rest would typically receive about 100 applications per week. In the first week of the new early release scheme ... |
| | | | ... withdrawn $1.3 billion of superannuation in just the first week of new early release rules to help those suffering financial hardship as a result of COVID-19. Funds have paid a total of 162,879 early release applications so far out of 665,310 requests ... |
| | | | ... said the idea that super funds do not have the liquidity to meet the early release demands brought about by financial hardship during COVID-19 is a "furphy". "I don't think the super system has got too many illiquid assets. So I think that's ... |
| | | | ... SG contributions, have fewer new members joining and have a large number of members withdrawing funds due to financial hardship. This is one of the reasons Forbes thinks merger activity is about to heat up. "I think those funds without a broad range ... |
| | | | ... specific circumstances." The regulator said in circumstances where a consumer is not able to pay premiums due to financial hardship stemming from COVID-19 the industry is expected to help consumers keep key coverage. "This might include, where appropriate ... |
| | | | ... financial need under the federal government's early access to superannuation program and those accessing financial hardship in these difficult circumstances," AustralianSuper group executive service and advice Shawn Blackmore said. At the same time ... |
| | | | ... that early release could undermine the super system as a whole. "Access to superannuation in situations of financial hardship has always been available. All that's happened now is that we've changed the definition of what financial hardship is," ... |
| | | | ... have been diagnosed with COVID-19, have a spouse or dependent who was diagnosed with it, or are experiencing financial hardship from quarantine, job losses, or childcare are able to take up to US$100,000 from their accounts until December 31 without ... |
| | | | ... some parts of the financial services industry are under, with unprecedented levels of customer queries and financial hardship requests," Locke said. "It also gives consumers more realistic expectations about when they will get a response. "Where the ... |
| | | | ... government sector, and we recognise that this is a sector that is expected to be hard hit as ratepayers experience financial hardship. "I am committed to ensuring that our members and community stakeholders understand that we are at one with them and ... |
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