APRA

Superannuation

Superannuation funds are carrying out double-checks around surprisingly high instances of different bank account numbers being used by members seeking early access to sup...

Superannuation

Superannuation funds may not necessarily be held responsible for making good the losses caused by fraud around the Government’s hardship superannuation early release regi...

Financial planning

The loans outstanding, which are cumulatively worth $274 billion, have been granted temporary repayment deferrals by deposit -taking institutions. ...

Policy & Regulation

The chair of a key Parliamentary Committee has raised the Australian Securities and Investments Commission’s errors within its controversial SMSF factsheet among errors t...

Superannuation

Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...

Financial planning

Bank dividends could be cut after the Australian Prudential Regulation Authority told them to ‘maintain caution’ over 2020 dividend payments with the payout ratio maintai...

Policy & Regulation

IOOF has confirmed the final settlement of a class action brought against it related to a failed prosecution by the Australian Prudential Regulation Authority with no cos...

Superannuation

The total number of repeat applications for the Government’s super access hardship scheme has reached one million with an average payment of $8,619, according to data....

Superannuation

Superannuation funds have received a boost from the Australian Prudential Regulation Authority for continuing to deliver support to corporate capital raisings at the same...

Superannuation

Ten major superannuation funds continue to do the majority of the heavy lifting on hardship early release superannuation, but some appear to have been less affected than ...

Superannuation

Superannuation fund members returning to access the $10,000 second tranche of the Government’s hardship early release superannuation regime have dominated the latest Aust...

Financial planning

The Australian Prudential Regulation Authority has confirmed a surge in second tranche early release applications, with many members lining up for a second dip. ...

Superannuation

Amid reports of another rush by people to access the second tranche of the Government’s hardship early release superannuation regime, Wealth Within’s Dale Gillham has poi...

Superannuation

Superannuation fund executives have confirmed that the predicted second tranche early release superannuation surge has become a reality....

Superannuation

Major superannuation funds are being asked to explain whether they have needed to provide either liquidity or cash to REST and HostPlus....

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