The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 100+ results for "ERS"|
|... urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research (CEPAR) and Cbus, revealed that many ...|
|... capital raisings due to the uncertainty of the pandemic. The corporate regulator has extended the capped advice fees regarding ERS at $300, allowing advisers to provide a record of advice rather than a comprehensive statement of advice in this circumstance ...|
|The government's early release of superannuation scheme has paid out $33.3 billion since its inception, with an additional $340 million disbursed over the week to September 13 alone. During the week to September 13, super funds received 42,199 applications ...|
|... in funds under management. legalsuper chief executive Andrew Proebstl told Financial Standard that while the impact of the ERS scheme is at the lower end of the scale, there have been some lower balance members that have wiped out their savings, reducing ...|
|... appears to be thinning out, but another resurgence is not off the cards. "About one-quarter of the workforce has applied for an ERS. Regardless what you think of the policy, it's been stunningly popular, showing how important it's turned out ...|
|Cbus has argued the Early Release of Super (ERS) scheme has been detrimental to many Cbus members, having withdrawn their entire balance and seeing the cancellation of their total permanent disability insurance. Speaking at the House of Representatives ...|
|The majority of payments made through the government's Early Release of Super (ERS) scheme have been double dippers, according to the most recent APRA data. In the period from the scheme's inception until end of financial year, 2.54 million applications ...|
|... contribution into super for low income earners. Women in Super chair Cate Wood said the impacts of COVID-19, including the ERS scheme, has disproportionally impacted women, widened the retirement gender gap and required specific gender analysis and recovery ...|
|Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...|
|... Retirement savings withdrawals have surpasses $32 billion since the introduction of the government's Early Release of Super (ERS) scheme. Over the week to August 23, 59,000 applications were received by funds of which 35,000 were initial applications ...|
| | |
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp.
| | |
One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings.
| | |
BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year.
| | |
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|