Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 51 results for "Early Release of Superannuation"
Aussies continue to drain super
ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Over the week to September 27, a further 36,000 applications were received by funds for the Early Release of Superannuation (ERS) scheme. Of the 36,000 applications 22,000 were first-timers and 14,000 were repeat applications. Initial applications total ...
MySuper funds face new test, member bans
KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... extension, Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December 2020. Adjusted drawdown rates for account-based pensions were also left untouched. There was ...
ASIC extends advice, capital raising provisions
ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
ASIC has extended the relief to financial advice that relates to the early release of superannuation scheme as well as certain capital raisings due to the uncertainty of the pandemic. The corporate regulator has extended the capped advice fees regarding ...
ERS tab hits $33.3bn
ALLY SELBY  |  MONDAY, 21 SEP 2020
The government's early release of superannuation scheme has paid out $33.3 billion since its inception, with an additional $340 million disbursed over the week to September 13 alone. During the week to September 13, super funds received 42,199 applications ...
Legalsuper appoints executive, increases premiums
JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
... Protecting Your Super and Putting Members Interests First legislative changes. The fund also cites the Early Release of Superannuation scheme as a driver, with APRA stats out today showing legalsuper has paid about $50 million out under the scheme through ...
ERS to lead to rising pension costs, higher taxes
ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...
APRA reviews priorities in super
KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...
Female access to ERS to widen gender super gap
ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
The Early Release of Superannuation (ERS) scheme is expected to impact female workers and widen the gender superannuation gap according to The Australian Institute of Superannuation Trustees (AIST) and Women in Super. New data shown at the annual Women's ...
ERS applications slow
ELIZA BAVIN  |  MONDAY, 24 AUG 2020
Over $31.6 billion has been removed from superannuation since the start of the Early Release of Superannuation (ERS) scheme, but applications appear to be slowing down. In the week to August 16, around $600 million was paid out to members, down from ...
Suncorp wealth business down
ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... pandemic over the last quarter of the period," Suncorp said. "Outflows were driven in part by the early release of superannuation payments, partially offset by growth in inflows over the year from an increase in newly acquired digital members. Suncorp ...
PAGE:
1
PREVIOUS
NEXT
Link to something MqVDGBmo