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Showing 81 - 90 of 223 results for "Early Release of Super"

Super needs improvement: Report card

KARREN VERGARA | WEDNESDAY, 21 OCT 2020

... of 2020. The pandemic also saw many governments open the floodgates to pension benefits. Australia's early release of super scheme enabled members whose income had dropped by more than 20% to access up to $20,000. India allowed partial withdrawals ...

Sunsuper cops rating downgrades

ANNABELLE DICKSON | TUESDAY, 20 OCT 2020

... it was reassuring that Sunsuper did not run into any problems with demand for liquidity as a result of early release of super scheme. Furthermore, Morningstar noted the industry fund's strong governance and investment expertise capitalises on its ...

Release the Retirement Income Review: Labor

ELIZABETH MCARTHUR | TUESDAY, 13 OCT 2020

... at an online event for ASFA, criticised the government's latest raft of superannuation reforms and the early release of super (ERS) program. "The Superannuation Minister [Jane Hume]- who flips and flops between ambivalent and conflicted in her own portfolio ...

Aussies continue to drain super

ELIZA BAVIN | MONDAY, 12 OCT 2020

Over the week to September 27, a further 36,000 applications were received by funds for the Early Release of Superannuation (ERS) scheme. Of the 36,000 applications 22,000 were first-timers and 14,000 were repeat applications. Initial applications total ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN | THURSDAY, 8 OCT 2020

... being removed from the super system, the Grattan Institute is sticking to its guns that the effects of the Early Release of Super scheme will not have too great of an impact on retirement outcomes. Speaking at the digital Morningstar Investment Conference ...

Super industry cautious on more reform

ELIZABETH MCARTHUR | TUESDAY, 6 OCT 2020

... removed no matter what type of fund they are," ISA chief executive Bernie Dean said. "With the government's early release of super scheme sending millions of members accounts backwards every dollar in saved fees and improved returns is desperately needed ...

MySuper funds face new test, member bans

KANIKA SOOD | TUESDAY, 6 OCT 2020

Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...

ERS extension flagged, criticised

ELIZA BAVIN | TUESDAY, 6 OCT 2020

Industry Super Australia (ISA) has called for the end of the government's Early Release of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON | WEDNESDAY, 30 SEP 2020

... Australia was one of 16 countries that relaxed the hardship measures to access superannuation with its early release of super scheme but the future impacts on retirement savings are unclear. "It's too early for the GRI to assess the impact of the early ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR | WEDNESDAY, 30 SEP 2020

... the option ranked 52nd. Members will have limited access to services including account transactions and early release of super applications between 23 October 2020 and 16 November 2020 as the transfer is completed. The transfer means Perpetual will not ...

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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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