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Showing 1041 - 1050 of 18082 results for "Superannuation"

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... for those who rent in retirement. The federal government gives up more than $50 billion a year in poorly targeted superannuation tax concessions. Australians also pay too much in superannuation fees and receive too little guidance on how to use their ...

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... super fund, which has around 550,000, has struck a binding agreement to merge with the Meat Industry Employees' Superannuation Fund (MIESF). CareSuper chair Linda Scott and MIESF chair Chris White said that the binding agreement is a critical step forward ...

AIOFP and IFPA enter 'strategic alliance'

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
... community of approximately 4000 financial professionals spanning accounting, bookkeeping, financial advice, and superannuation. AIOFP represents around 5000 financial advisers operating under 120 AFSL practice members. Despite servicing different professional ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
... Federal Budget. The draft legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the same time as their salary and wages, which the government said will ensure "workers earn more, keep more of what they ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... and family offices, Fong noted that this migration has been common for over a decade in most markets. "Australian superannuation funds have been growing their headcount over that time, coming into 2024, when that growth began to slow down," he said. ...

ART appoints insurance chief

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... Finney is now chief executive of ART Life, an APRA-regulated insurance entity and a wholly owned subsidiary of the superannuation giant. Finney was appointed interim chief executive last October following the promotion of Phil Fraser to finance chief ...

Super funds to 'look more like insurers'

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
The type of software and platforms superannuation funds will need to handle the 'grey wave' over the course of the next decade may put pressure on existing systems, especially as super fund investments continue to broaden. Speaking at the AM Tech Day ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... to challenge his ruling. Separately, as previously reported by Financial Standard, APRA is proposing changes to superannuation trustees, insurers, and bank board's governance requirements. The regulator wants to ratchet up minimum standards for the ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
ASIC chair Joe Longo has torched the superannuation sector, branding it the "poster child" for what can and does go wrong when governance implodes, while accusing directors of "not knowing" their business. In a speech at the Australian Institute of ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost ...