APRA

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...

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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....

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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...

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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 ...

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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...

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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. ...

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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...

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Superannuation

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

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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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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 ...

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Superannuation

From go to woah, the latest Australian Prudential Regulation Authority data has revealed no slackening in demand for hardship early release superannuation....

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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...

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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...

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Superannuation

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....

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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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