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Showing 81 - 90 of 455 results for %22Early Release of Superannuation%22

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 ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... number of website projection tools that estimated retirement balances and highlighted the impact of accessing superannuation early. "We also found that intra-fund advice provided during this time was consistent with previous assessments of the quality ...

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 ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... reaching amounts of $1 million. AFCA resolved disputes totalling $294 million. Earlier this year, the ATO found the early release of super scams cost Australians over $6 million. Untersteiner noted that superannuation funds worked with AFCA to resolve ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
According to analysis from Rest, the "pink recession" might have been exacerbated by the government's early release of super program. More than half a million women accessed their super early as part of the scheme. Industry super fund Rest, which has ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... to AMP. AMP said over 80,000 of its women members accessed their superannuation savings, through the government's early release scheme, and withdrew a higher proportion of balances than men. "This money provided much needed assistance at a time of considerable ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... Australians," Hume said. Despite the fact that about $37.3 billion was withdrawn as a result of the government's early release of super scheme, the second half of 2020 enjoyed a strong market recovery. During the quarter, net contribution flows were ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 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 ...