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early release of superannuation
Superannuation
Superannuation members that withdraw the maximum $20,000 would be left $77,000 worse off in retirement, according to super funds....
Superannuation
Far from embarking on spending sprees, the majority of those who accessed their superannuation early used the funds for paying off household bills or mortgages, according...
Superannuation
Contrary to popular belief, the gender gap in superannuation widened 2% in 2020 from 2016 as the early release of super payments had a larger impact on women, according t...
Superannuation
It is an “oddity” the Liberal Party does not support private savings and failing to increase the superannuation guarantee will leave people missing out on hundreds of tho...
Superannuation
If the Government continues to use the early release of superannuation as a tool likely to be used in extreme situations, super funds need to consider their liquidity req...
Superannuation
The Australian Securities and Investments Commission need only regulate in the same terms it did for early release superannuation advice to extend intra-fund advice, acco...
Superannuation
There were a further 21,000 superannuation members who applied for the early release of their super in the week before the scheme ended, with 31% representing repeat appl...
Superannuation
Some superannuation funds have been confirmed as having faced a liquidity squeeze as a result of the Government’s early release superannuation regime while some members l...
Superannuation
A combination of the COVID-19-induced market volatility plus early release superannuation has seen Australia’s total superannuation assets go backwards....
Superannuation
The COVID-19 early release superannuation scheme has forced people to choose between poverty now or poverty in retirement, the Australian Institute of Superannuation Trus...
Superannuation
Most issues relating to the early release of superannuation were surrounding member identification and members “jumping the gun” if their funds were not received within f...
Superannuation
The COVID-19 hardship early release of superannuation scheme will not be extended for a second time, according to the Assistant Minister for Superannuation, Financial Ser...
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 ...