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Showing 131 - 140 of 5272 results for "July"

Future Super switches up service providers

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2023
... month. The new mandates follow Future Super transitioning away from Diversa, appointing Equity Trustees as its trustee in July. "Future Super is continually looking for ways to improve our fund and our service to members. A key part of this service is ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... and their choice of fund could be improved under payday super. In the 2023-24 Budget, the government announced that from 1 July 2026, employers will be mandated to pay Superannuation Guarantee (SG) contributions alongside salary and wages payments. The ...

Former Australian Ethical investment chief lands new gig

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... outcomes." The appointment follows the recent hire of chief financial officer Laurent Toussaint who resigned from Count in July.

Spaceship Super dumps admin fee waiver

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2023
... 0.693%. This reduction is in addition to a reduction made to the option's investment fee in May and to the buy/sell spread in July. All up, the cost of the product for a $50,000 balance has reduced from $536 to $503.

Fixed income expected to be hotter than stocks: Report

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... recession will make fixed income more attractive than equities over the next two years. The research, commissioned by MPG in July, surveyed 100 investment professionals working for pension funds, insurance companies, asset managers, family offices, other ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... unrealised increased value of assets in a SMSF, which sets a dangerous precedent." On February 28, the government announced from 1 July 2025 a 30% concessional tax rate will be applied to future earnings for superannuation balances above $3 million. ...

ASIC bans former risk adviser

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... Assurance Corp were authorised representatives of Insurance Advisernet Australia Pty Limited (IAA). ASIC found that from 30 July 2019 to 12 February 2021, Durant instructed clients to deposit money, intended as payment of insurance premiums, into his ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... assessment of risks," she said. This is off the back of disappointing inflation data which rose to 5.2% in August from 4.9% in July. "Timely indicators on inflation suggest that goods price inflation has eased further, Bullock said, but the prices of ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... Commonwealth Government Guarantee applies to those who were CBA Group Super members prior to the bank's privatisation on 19 July 1996 and guarantees the payment of super and employer contributions.

Regal dumps bid for Pacific Current Group

JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2023
... (NBIO) to acquire all shares in Pacific Current Group; together, the two already hold 31%. The proposal was confirmed on July 26, with Regal chief executive and managing director Brendan O'Connor saying he believed a deal "would create meaningful ...