Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1011 - 1020 of 9236 results for "Benefit"

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
AustralianSuper copped the highest number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... report found that super tax concessions cost $54.56 billion in foregone revenue during 2022-23, and disproportionately benefit the wealthy. In fact, it suggested that the concessions are forecast to overtake the cost of the Age Pension in 2045-46. "While ...

Equip Super to introduce retirement specialists

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
Equip Super is expanding its retirement support services, adding retirement support specialists for members as well as providing help to non-members. The super fund said it will be establishing a dedicated retirement centre and implementing a fund-wide ...

BlackRock to launch new ETF

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
BlackRock Australia has announced it will launch the iShares MSCI Emerging Markets ex China ETF (ASX: EMXC) with a management fee of 0.25%. BlackRock said the launch of EMXC furthers its commitment to expand its local iShares product suite, providing ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... appointment scenario," he said. "This is a substantial change and will likely result in additional recoveries being made for the benefit of priority and unsecured creditors."

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
Exchange-traded funds (ETFs) are dominating client portfolios as nine out of 10 financial advisers continue to recommend them to clients, a new study shows. The 2024 Trends in Investing report reveals that more than 60% of advisers will up clients' ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... offering greater "security and peace of mind" to members and their beneficiaries. Moreover, Hostplus increased the maximum benefit available under Income Protection cover from $20,000 to $30,000 per month. Income protection benefits have been improved ...

Global X brings US infrastructure ETF to Australia

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... development fund. PAVE, which tracks the Indxx US Infrastructure Development Index, invests in companies that are expected to benefit from increased infrastructure investment in the US. This includes companies involved in the production of raw materials ...