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Showing 1051 - 1060 of 18098 results for "superannuation"

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
Australia's superannuation industry is poised for accelerated consolidation, with most existing funds set to disappear, according to a Mercer report. The report noted that during the 2023/24 financial year, the number of APRA-regulated super funds declined ...

Rest kickstarts in-house global equities trading

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
After about 18 months in the works, Rest's internal global equities team is now running its first mandate. The team has been handed $300 million to invest on behalf of the fund's members, with plans to progressively increase the mandate over ...

AFCA opens consultation on financial elder abuse, family violence

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... around 'financial difficulty' to 'financial hardship'. AFCA also discusses how it should deal with these issues in superannuation, investments, and advice complaints. In the nearly two years ending 31 May 2024, AFCA received 2140 complaints flagged as ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... continue to keep greenwashing in our sights." ASIC has also been successful after taking greenwashing action on Mercer Superannuation Australia and Vanguard.

FNZ wins mandate, names APAC head

JAMIE WILLIAMSON  |  TUESDAY, 18 MAR 2025
... Australian financial services industry and currently provide investment platform services to several large banks and superannuation funds," CareSuper said. "We're confident that by partnering with FNZ to deliver the DIO, we'll be providing members with ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... potential returns. Thus far, ASIC found many investors were provided personal financial advice to rollover their superannuation into a retail choice fund that was then invested into the First Guardian Master Fund. Some investors were advised to set up ...

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 ...