The latest issue of Financial Standard now available as an e-newspaper
Westpac scraps SG direct debitsBY KARREN VERGARA, JAMIE WILLIAMSON | MONDAY, 21 SEP 2020 6:00AM
As Westpac pulls the plug on QuickSuper, a direct debit superannuation payment option for employers, there are fears the lack of automation could potentially worsen the unpaid super problem.
Read more: Westpac, ATO, Superannuation, SuperStream, AustralianSuper, QuickSuper, Australian Banking Association, Australian Tax Office, BT, CareSuper, Dean Martin, Hostplus, Industry Super Australia, InPayTech, Shawn Blackmore, Single Touch Payroll, Statewide Super
|Sponsored by iShares|
Invest for the long term with iShares ESG ETFs.
Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.
A long-serving Mercer superannuation executive has left the firm to focus on board directorships.
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy.
|Brought to you by|