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Showing 31 - 40 of 8281 results for "Income"

Nest appoints interim chief executive

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... will be very valuable as we build on our achievements and accelerate our purpose-driven plans that put our low to middle income members at the heart of everything we do," Nest chair Brendan McCafferty said. "I would like to thank Helen for her leading ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... would be much happier if they didn't have to worry about finances in retirement, while more than 70% believe a guaranteed income in retirement would significantly boost happiness, with more than 40% strongly agreeing. Challenger chief executive, customer ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... public, and Parliament on the superannuation system's crucial role in preserving, growing, and delivering retirement income. "The Committee considers that the Bill as drafted will create a clear framework for assessing future superannuation policy ...

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... contribution to Australia's superannuation system and to delivering equity in retirement outcomes for women and low-income earners, in particular." The governor-general holds office "at the pleasure of The King", however the term is usually understood ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... investors prioritised regular payouts in an uncertain climate. The beneficiaries of this were well-trusted providers of fixed-income funds and ETFs with proven track records, as well as larger asset managers with strong jurisdictional brand recognition," ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... your balance grows, your administration fees won't once you reach these new account balance limits." However, members with income protection, or applying for income protection, were also advised by the fund the monthly income benefit would be increasing ...

Evolution of investment operations spurs new recruitment trends

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024
... in candidates with experience in private markets, there remains a gap between demand and supply, as equities and fixed income remain the most common asset class exposure. This is largely because a lot of firms operating these kinds of traditional investment ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... funds at 53% and digital assets at 45%. Meanwhile, 47% of managers see significant potential for value creation in fixed income. "In the fixed income arena, AI may be used to support 'bottom up' credit analysis of corporate bond issuers, similar to how ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... the complainant's accountant, which stated the trustee had more than $2.5 million in assets or had otherwise met the income test of earning $250,000 for two consecutive years. This is regulated by section 761(G) s7 of the Corporations Act. "The complainant ...