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Showing 81 - 90 of 135 results for "Early access"

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double. Research house Rice Warner has assessed the impact of the government's ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... Trustees both warned superannuation members of the dangers posed by scammers who were attempting to use the government's early access initiative as a way to swindle Aussies out of their retirement savings.

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... has warned its members of the risk they will be targeted by fraudsters posing as agents who can help members gain early access to their superannuation savings to help them through the economic crisis brought about by COVID-19. "Fraud attempts based on ...

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... Actuaries Institute's Superannuation Practice Committee, Tim Jenkins, said short-term demand from investors for early access to their superannuation would exceed $25 billion if 1.35 million working Australians each accessed the full amount. Jenkins ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... difficult, members are now scrambling to get in touch with their super fund, especially after the government allowed early access to superannuation for Australian's under financial stress amid the crisis. "These contributions to fee income will have ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... government's decision has varied, with the industry super movement quick to point out the government's decision to allow early access to super came without the consultation of industry funds. However despite that, Industry Super Australia said ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
ASIC has permanently banned the man behind Superfunded, an illegal early access to superannuation scheme in Perth. Mark Goldenberg was chief operating officer, general manager and property analyst of Superfunded. His scheme enabled people to use their ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial Services Council launched a tool to help bushfire ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... ATO Assistant Commissioner Ian Read said the sentence handed down demonstrates that promoters who encourage illegal early access to superannuation will be held accountable. "While the majority of SMSFs do the right thing, this case serves as a reminder ...

Interest in early access to super rises

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
AMP has experienced a spike in the number of financial adviser queries regarding early access to superannuation. Analysing the more than 2000 calls received by the team in February, AMP said there was a significant rise in the number of advisers looking ...