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| | The $450 threshold, a relic of the superannuation system from 1992 when employers argued it would be too difficult for administrators to pay super on small wages, has finally been scrapped in a win for women - but this is just one small step in addressing ... |
| | | ... previously worked with managing director for the Americas, Bachar Beaini. Prior to FSI, Ueno spent more than 20 years at parent company Mitsubishi UFJ Trust and Banking Corporation (The Trust Bank), working across corporate finance, strategy planning ... |
| | | A baby bonus paid into the superannuation accounts of women who go on parental leave combined with paying super during their time off could address the significant gap between the retirement savings of men and women. According to numbers from the Association ... |
| | | In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ... |
| | | ... funds to pay for fines incurred by their own actions. Donald explained to the hearing that while many retail funds have parent companies that can be relied upon to pay for any possible fines and sanctions, not-for-profit funds have had to go to the Supreme ... |
| | | ... Scott Donald from the University of NSW appeared before the committee and explained that while retail super funds have a parent company which can fund penalties, not-for-profit funds are in a more complex position and therefore may have to charge new ... |
| | | ... become Collimate Capital ahead of its slated ASX listing in the second half of the year. Cementing its separation from parent company AMP, AMP Capital chief executive Shawn Johnson said today's announcement is a testament to ongoing progress towards ... |
| | | Ecstra Foundation has launched a financial education program for schools, to help Australian students learn key money lessons early on. Ecstra's 'Talk Money' program is available for students from years five to 10, offering classroom workshops delivered ... |
| | | The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ... |
| | | ... Magellan that hasn't been as visible to the public eye. A formal review of these strategies, including a comprehensive parent review, will be undertaken in the coming weeks and our updated view will be published soon after." Magellan's share price dove ... |
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