The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 18 results for "Early Release Super"|
|Over one million Australians have accessed the second tranche of Early Release Super as over $28 billion has been removed from the system. Over the week to July 19, 219,000 applications were received, of which 56,000 were initial applications and 163,000 ...|
|... urgently consider the impact of the early release superannuation scheme on women's retirement outcomes. "The early release super scheme has provided vital short-term assistance for our members but if urgent action is not taken these young women risk ...|
|The Australian Taxation Office has said members who change their mind over the Early Release Super scheme will not be able to withdraw their applications. In an update to its Design and Implementation document the ATO outlined that only where there ...|
|APRA has released the first Early Release Super (ERS) figures, showing $1.3 billion has been paid to members in the first week of the scheme. Under APRA's Early Release Initiative (ERI) data collection, superannuation trustees were asked to submit data ...|
|... The questions come after ongoing concerns about super funds ability to release members money through the Early Release Super scheme in response to COVID-19. Bragg said he wants to know when the regulator last asked funds to self-assess their liquidity ...|
|... comes at a time when many funds are already under pressure due to liquidity issues and the government's early release super scheme . A number of funds have devalued their unlisted assets in response to the effects of the global pandemic, leading ...|
|... been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the Early Release Super scheme and drastically volatile markets, major funds have been hit time and time again. But, what about SMSFs? According to Rainmaker ...|
|The Australian Taxation Office has clarified the rules for the Early Release Super scheme , allowing members to withdraw super from multiple funds. The ATO said while a member can only apply for one determination per financial year, they are able to ...|
|Senator Jane Hume has confirmed the Australian Taxation Office will be responsible for verifying early release super requests. Hume, the assistant minister for superannuation, financial services and financial technology, told the AFR Wealth Summit the ...|
|... they could to de-fraud Aussies of their super savings. "Unfortunately, as we've seen before with any early release super measure, there are unscrupulous operators who take advantage of people in financial hardship either through outright fraud in ...|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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