The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 100+ results for "ERS"|
|Members who raided their retirement savings as a result of the early release of superannuation scheme could have been $3100 better off than if they had kept their balance intact, new research reveals. The McKell Institute, a thinktank, found that over ...|
|... Conference of Major Superannuation Funds panel this morning. Hostplus paid out just under 10% of the total early release of super (ERS) withdrawals. Elia said the ERS withdrawals reminded the fund of the diversification of its member base. "The insights ...|
|Aged care employees relied more on the early release of superannuation (ERS) scheme compared to other workers health and community services sectors, research from HESTA reveals. The proportion of HESTA members who work in aged care and childhood education ...|
|... nearly 3.5 million Australians withdrew about $36.4 billion from their superannuation accounts across the two tranches of ERS, which the government used as part of its economic revival package. Scheerlinck's speech also called attention to four other ...|
|... streams has so profoundly reversed that we are back to where we were eight years ago, albeit part of the surge may be due to the ERS. If this trend doesn't slow and turn around fast, it won't be long before serious pressure mounts and retirees will only ...|
|... week. Over 1.3 million households contained someone receiving the Coronavirus Supplement of $550 per fortnight." The COVID-19 ERS scheme allowed up to $10,000 to be accessed before retirement for people suffering financial hardship. People could access ...|
|... of COVID-19. "Several websites had inaccurate or incomplete information about insurance eligibility in superannuation if an ERS payment resulted in a low account balance," it said. "Overall, funds' communications approach and information on the ERS ...|
|... Australians over $6 million. Untersteiner noted that superannuation funds worked with AFCA to resolve consumer concerns over the ERS. "Scams were growing before COVID-19 but the pandemic has accelerated this trend," Untersteiner said. The data showed ...|
|... Rest, which has the most female members of any super fund in the country, found that for those who made withdrawals under the ERS program the gender gap in super balance increased. Women between the ages of 30 and 39 had balances an average of 15.6% ...|
|The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19. The ME Bank Household Financial Comfort Index improved by 2% to 5.89 out of 10 during ...|
Dimensional's sustainability suite is being expanded with the introduction of a new emerging markets fund with an ESG filter.
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley.
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund.
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation.
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