The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 100+ results for "ERS"|
|Those who took advantage of the government's early release of superannuation (ERS) program, due to loss of income during the pandemic, can put the money back in their account without incurring a tax penalty. The Australian Taxation Office confirmed ...|
|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% ...|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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