Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 57 results for "Early Release Scheme"
APRA reduces ERS reporting for funds
ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... through to 31 January 2021. This means APRA will be putting a greater focus on fraud risk and prevention in the early release scheme. Funds will need to tell the regulator how many total fraud incidents, both internal and external, it has identified ...
Retail super fund scores best customer service nod
KARREN VERGARA  |  FRIDAY, 16 OCT 2020
... delivering quality experiences, particularly during a turbulent period and just as members jumped on the Early Release Scheme. It assessed several categories like communication, and the emotional well-being of customers. Customer service, in terms of ...
ERS extension flagged, criticised
ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... thousands worse off." ISA said that while the super industry supported the original intent of the radical early release scheme as a temporary measure to provide emergency funds to Australians during a global pandemic, it should not be extended further. ...
Many who accessed ERS unsure of impact: Research
ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... about the long-term consequences of their decision. Over 3000 Cbus members who accessed the government's early release scheme were surveyed for the research. The results found that the $10,000 limit constrained withdrawal amounts and most respondents ...
Super fund boss remuneration on the agenda
KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... been impacted. Our job is to invest money. Our job has also been to assist the government in relation to its early release scheme payments...," he said. An investigation by News Corp found Elia was the highest paid chief executive last financial year ...
ERS to lead to rising pension costs, higher taxes
ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... promised super increase when you've just let people raid their savings to prop up spending." He dubbed the early release scheme "reckless", arguing the "community can see that from a mile away". "How else do politicians think people are going to rebuild ...
Super contributions rise despite ERS
ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... to superannuation in the June quarter were mildly greater than the amount removed due to the government's early release scheme, according to the latest figures published by APRA. Contributions in the June 2020 quarter were $33.6 billion, while lump sum ...
ERS doesn't justify higher SG: Grattan
ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have lost their job or had their hours or trading ...
SG increase will be deferred: Knox
ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... because it's an important boost to their retirement income given the large withdrawals we've seen from the early release scheme," she said. Campo added Cbus has performed its own internal survey of members who had accessed the ERS scheme and withdrawn ...
Aussie investors unhappy with pandemic performance
ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
... of 2020. bfinance Australian senior director Frithjof van Zyp said: "The sudden introduction of the super early release scheme will have likely further contributed to superfunds having to rethink their strategic asset allocations." The survey revealed ...
PAGE:
1
PREVIOUS
NEXT
Link to something YuM37weF