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|... said the impact of the fall in stock valuations as a result of COVID-19 along with the government's early release of super scheme impacted members' satisfaction with their fund. "Together these factors focused people's attention on their superannuation ...|
|Raiz's superannuation offering paid out $13 million as a result of the early release of super scheme but managed to keep funds under management afloat. The micro-investing platform reported superannuation assets grew by 27% on the prior corresponding ...|
|... in the second half of last year, threshold reductions across some managed funds in October 2020 and the early release of super scheme. Operating costs also increased by 11%. "In addition to reaching $5 billion in FUM - an audacious goal we set ourselves ...|
|... cash-flow planning and bill prioritisation during COVID-19. Applying for government incentives like the early release of super was also a burning question. McPherson told the recent Association of Superannuation Funds of Australia (ASFA) conference that ...|
|... measures designed to ease the financial hardship faced by many Australians. Helping Australians navigate the early release of super scheme, mortgage deferrals and reductions, and broader legislative changes, saw many in the industry working more hours ...|
|APRA has revealed the final figures representing the impact of the government's early release of super scheme which saw 3.5 million Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation ...|
|... fund, if not industry, including market volatility during the first months of the COVID-19 pandemic and the early release of super scheme," he said.|
|... its superannuation funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from $64 million after losing over $6 ...|
|Young workers who took advantage of the early release of superannuation have less than $1000 in their nest egg, a new study that details the impact of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million ...|
|More than one million New South Wales residents took advantage of the early release of superannuation scheme, withdrawing $10 billion, new analysis shows. Industry Super Australia looked at the popularity of the ER S scheme across suburbs and found ...|
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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