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Showing 61 - 70 of 344 results for "Early Release"

No early super release for DV survivors

JAMIE WILLIAMSON | TUESDAY, 11 MAY 2021

... at boosting women's economic security, the government has confirmed it will not proceed with plans to extend the early release of superannuation to family and domestic violence survivors. Scrapping the plan will decrease receipts by $110 million over ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN | TUESDAY, 11 MAY 2021

After the shock of the Early Release of Superannuation scheme's COVID-19 amendment, the superannuation sector can breathe a sigh of relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on ...

Adviser faced with further dishonesty charges

ANNABELLE DICKSON | MONDAY, 3 MAY 2021

... in October 2020 after an investigation by ASIC which alleged he submitted applications to AustralianSuper for the early release of members' funds on hardship grounds and kept part of the funds as a fee before releasing it to his client. Goel, an authorised ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON | THURSDAY, 22 APR 2021

... ASIC said the services were not provided and the fees were instead rebated to his clients facilitating unlawful early release of their superannuation benefits. The latest development follows ASIC permanently banning Saad from providing financial services ...

ERS spending revealed

ELIZABETH MCARTHUR | WEDNESDAY, 21 APR 2021

... hardship caused by COVID-19 spent the money on. The ABS found that 29% of people who accessed their super in the early release of super program spent the money on mortgages or rent. A further 27% spent the money on household bills and 15% used it to ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD | TUESDAY, 20 APR 2021

... premiums collected in 2020 after legislation turned off insurance on lower-balance accounts from October, and the early release of superannuation, which whittled away at many superannuation accounts.

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON | WEDNESDAY, 14 APR 2021

... April, the RBA praised super funds' management of liquidity pressures throughout 2020, particularly the impact of the early release of superannuation scheme. However, the central bank said there is still room for improvement. With APRA having already ...

AMP sees 245% jump in consumer interest

ELIZABETH MCARTHUR | WEDNESDAY, 31 MAR 2021

... are ways to invest and smart investment options, relationship break up entitlements, COVID-19 stimulus payments, early release of super and back to school subsidies for parents. "While it's undeniable that 2020 was a challenging year, it's encouraging ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD | MONDAY, 15 MAR 2021

... Commission, Royal Commission, Retirement Income Review and Jeremy Cooper and David Murray's reviews) have recommended early release of superannuation for housing. Australia currently does allow people to use voluntary superannuation contributions more ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN | FRIDAY, 12 MAR 2021

... the housing market needs is firing up stronger demand." Additionally, Turnbull said the Morrison government's early release scheme, to allow Australians to access up to $10,000 from their super if they had been impacted by COVID-19, was also the ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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