Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 6116 results for "Retirement"

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert. Presenting at the SMSF Association National Conference, Heffron Consulting managing ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... hit the $3 million mark - yet they still see value in their SMSF, appreciating they are a genuine platform for their retirement savings strategy. For those who opt to take their money out of superannuation because of this change, Heffron flagged issues ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... likely to be able to make extra contributions. The higher caps could also prove valuable to people transitioning to retirement and retirees under 75, he said. "The higher caps will give them extra firepower to top up their retirement savings and make ...

JANA wins mandate from public sector super fund

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
JANA has been selected as the investment consultant for the Tasmanian Retirement Benefits Fund (RBF). Following an extensive procurement process supported independently by Deloitte, the asset consultant was awarded the mandate by the Superannuation ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... it will affect fewer than 80,000 Australians. "The new tax is a shocker - a doubling of taxation on Australians' retirement savings a regime that proposes a different approach for a farmer or a small business owner than a public servant, a judge ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... addressed. In its review, ASIC examined 29 Choice options and three legacy products - 22 in accumulation phase and seven in retirement - offered by a sample of 10 trustees; ASIC selected one underperforming product per trustee and then trustees were ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
According to Class general manager, growth Jo Hurley, younger generations want more control over their retirement savings than ever before, and financial advisers need to cater to this demand. Addressing the crowd at the SMSF Association Conference ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... transformation project. It has made significant strides this year in capital repatriation through asset sales and debt retirement. Notably, the sale of MFA in October generated $50.5 million in gross proceeds and the sale of the Platform business is ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... will have positive ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say. The first day of the annual SMSF Association National Conference at the ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ...