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EARLY RELEASE OF SUPERANNUATION
Financial planning
ASIC has banned Terence Rio Nugara, director of Skynet Financial Services, for obtaining $1.6 million from misleading clients and enabling the early release of superannua...
Superannuation
ASIC has banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or...
Superannuation
The Government has made it official by stating in the Budget that early release superannuation will not be allowed with respect to domestic and family violence....
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
The proposal for the early release of superannuation to address housing affordability by the Master Builders does nothing to address the supply side constraints at the he...
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 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 Securities and Investments Commission is facing tough questioning around how it has handled a number of issues amid the disruption of COVID-19....
Superannuation
Members who have accessed hardship early release superannuation should understand that they may be audited by the Australian Taxation Office to determine whether they wer...
Superannuation
During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to data....
Superannuation
There was no consultation with major superannuation fund organisations about the Government’s plan to allow people early access to their superannuation, prompting funds t...
Financial planning
Tough times and the prospect of hardship access to superannuation has emphasised the need for good financial advice, according to MLC Wealth....
Superannuation
There will be no income or assets tests for individuals who are eligible for early release of superannuation, which was announced on Sunday as a part of the government’s ...
Superannuation
The Government has announced that workers who lose their jobs will be able to drawdown $10,000 from their superannuation to cover losses caused by COVID-19. ...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...