early release of super

Superannuation

New modelling from the Super Members Council suggests property prices could rise by nearly $75,000 across capital cities by allowing first home owners to dip into their r...

Superannuation

The COVID-19-era scheme could hit Australian taxpayers with an up to $85 billion bill mostly due to the higher pension costs of those who withdrew their savings, accordin...

Financial advice

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 had 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

Australians overwhelmingly believe that the purpose of superannuation is for financial security and wellbeing in retirement, according to research. ...

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...

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

6 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

6 months 4 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

7 months ago

Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the wealth management industry for contributing to the...

1 day 21 hours ago

According to economists, interest rates are unlikely to rise again despite stronger-than-expected inflation data that has made Australia an outlier among the G10....

2 days 21 hours ago

It has announced returns of more than 16 per cent across its growth and global index options....

3 days 21 hours ago