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Superannuation
The Government’s hardship early release superannuation scheme has “wiped out” the retirement balances of hundreds of thousands of Australians, according to Industry Super...
Superannuation
From go to woah, the latest Australian Prudential Regulation Authority data has revealed no slackening in demand for hardship early release superannuation. ...
Superannuation
The median ‘operating expense’ for a self-managed super fund is $3,923, according to the Australian Taxation Office, far lower than the $13,900 quoted in a recent SMSF fa...
Superannuation
Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments. ...
Superannuation
A major industry fund, LUCRF has revealed the manner in which the Australian Taxation Office has at first approved hardship early release superannuation requests and then...
Superannuation
The impact of the Government’s hardship superannuation early release program has been starkly revealed in comparative data released by industry superannuation fund, REST....
Superannuation
Since the start of the scheme in April, 94% of payments were made within five business days, according to data. ...
Superannuation
Superannuation funds believe that while they may not be ultimately responsible for frauds committed under the Government’s hardship early release scheme their members wil...
Superannuation
Seventy-four tax practitioners are going to have to explain themselves to the Tax Practitioners Board over possibly fraudulent SMSF annual returns and face sanctions if t...
Superannuation
AustralianSuper, Hostplus, Sunsuper, and REST have received over 100,000 early superannuation release applications, with Sunsuper paying all eligible members within five ...
Superannuation
The Australian Taxation Office has acknowledged that incidences of fraud have been detected with respect to hardship early release superannuation access with the Federal ...
People and Products
The wealth management software company has delivered its early superannuation release capability ahead of time to handle an expected high volume of requests. ...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...