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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....
Superannuation
Just over $18 billion has already been taken from superannuation accounts via the Government’s hardship early release superannuation scheme and the Australian Prudential ...
Superannuation
From go to woah, the latest Australian Prudential Regulation Authority data has revealed no slackening in demand for hardship early release superannuation....
Superannuation
New analysis from Frontier Investment Consulting suggests that the volatility generated by COVID-19 has raised real questions about the Australian Prudential Regulation A...
Financial planning
The Australian Securities and Investments Commission will be allowed to apply to the courts for fines and disqualification of individuals in relation to AUSTRAC’s proceed...
Superannuation
Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....
Superannuation
Since the start of the scheme in April, 94% of payments were made within five business days, according to data....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...