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Showing 991 - 1000 of 7371 results for "System"

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... success of the accumulation phase. The consultation discusses three key areas: Helping members navigate the retirement income system, supporting funds to deliver better retirement income products and services, and making lifetime income products more ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... towards fulfilling super's policy promise of a financially secure retirement for every worker. Roxon added that "removing system glitches that deny workers super transformative benefits" is a key plank of the newly formed council's mission to protect ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... income, such as part-time work and home equity, which would provide an additional two pillars to our existing three-pillar system," said Gale. "People are also often after some general guidance about retirement planning rather than comprehensive financial ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... audit role as being "mechanical in nature" suggests a serious misunderstanding about the auditor's role in the regulatory system applicable to SMSFs." McCabe added that the action communicates a clear message as to the importance of complying with re ...

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023
... difference between mentorship and sponsorship is that mentorship is about fixing yourself, but sponsorship is fixing the system," White said.

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
ASIC slapped Morningstar with a fine for allegedly exposing investors to controversial weapons companies after proclaiming that its environmental, social, and governance (ESG) policy strictly excludes such investments. Morningstar's International Shares ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... Meanwhile, Burgess described the legislation as "fatally flawed" and decried that it will add and red tape to a superannuation system overburdened with regulation. He contends that current mechanisms, including existing caps and measures, are sufficient ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
The Federal Court has imposed a $5 million penalty on OnePath Custodians for unlawfully deducting adviser service fees from members. According to court documents, the trustee made misleading representations about its right to continue charging fees ...

Spatium Capital selects trustee, administrator for small caps fund

CASSANDRA BALDINI  |  TUESDAY, 28 NOV 2023
Melbourne-based Spatium Capital has named True Oak as its trustee and the ASCENT Group as the administrator of its small companies fund. True Oak and the ASCENT Group are expected to oversee the Spatium Capital Small Companies Fund (SSCF) from early ...

IFM Investors, UK government seal $19bn investment pact

ANDREW MCKEAN  |  TUESDAY, 28 NOV 2023
... opportunities as it looks to achieve a 4GW renewable capacity. IFM chief executive David Neal said that Australia's superannuation system can be a trusted long-term partner with the UK government and expressed pride in signing the MoU. "Our presence ...