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30 Jul 2020 APRA Updates

Superannuation early release scheme weekly data update

APRA has published the latest industry-level and fund-level data on the temporary early release of superannuation scheme.

The Early Release Initiative statistics for applications received between 20 April - 19 July 2020 are available on the APRA website at: COVID-19 Early Release Scheme.

The statistics reflect the commencement of the second period that members can access the temporary early release of superannuation scheme.

Specifically the statistics capture:

  • Initial applications, where a member has made their first application for early release of superannuation benefits (irrespective of which time period the application applies to); and
  • Repeat applications, where a member has made an application in both time periods.

Read more here.

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