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Showing 61 - 70 of 893 results for %22Superannuation Guarantee%22

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... Zealand, the UK, and the US. Conversely, Australia's superannuation system is maturing, with the superannuation guarantee (SG) contribution rate scheduled to reach 12% in 2025. "Australia's unique defined contribution (DC) super system is arguably ...

Allianz Retire+ launches new retirement income solution

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
... guaranteed income for life. The solution provides full advice platform integration opportunities, can be embedded within superannuation funds and account-based pensions, and enables advisers to construct retirement strategies with certainty, years in ...

Australia survives global pension rout

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... drop in global pension assets since the GFC, Australian super funds held steady with lower bond allocations and Super Guarantee flows. Global pension assets had their largest annual decline since the GFC, dropping 16.7% to $47.9 trillion, due to market ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
The number of Dixon Advisory and Superannuation Services complainants continues to grow as more former clients have come forward to the financial complaints body for potential compensation. The number of complainants has grown by about 100 to 1700 as ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... towards high-income earners. Proposed changes for improving fairness in the super tax system include paying Superannuation Guarantee (SG) contributions on government-paid parental leave, extending the Low Income Superannuation Tax Offset (LISTO), reducing ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
HESTA is once again calling for the Australian government to address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... competition from Bravura and IRESS. It expects the software providers will "double down" in this space to sure up broader superannuation fund tech partnerships. "In 2021, OpenInvest took on investment from Pinnacle Investment Management. In 2023, we ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... APRA data shows that funds hold 45% of investments offshore, up from 30% a decade ago. As the mandatory Superannuation Guarantee rate is set to increase to 12% by 2025, Wheeler anticipates that this trend toward internationalisation will accelerate. ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... the government should also pay super on the Commonwealth Paid Parental Leave Scheme and increase the Low-Income Superannuation Tax Offset to account for changes to tax brackets and increases in the super guarantee, it suggested. "Super has been a boon ...

We're doing a huge amount: Aware Super

CASSANDRA BALDINI  |  WEDNESDAY, 18 JAN 2023
Aware Super chief executive Deanne Stewart says the fund is making a significant investment in its financial advice capabilities, regardless of what comes out of the Quality of Advice Review. Speaking to Financial Standard, Stewart pointed out that ...