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Showing 1061 - 1070 of 2469 results for "Budget"

Well over $3m in super savings needed

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... necessary to achieve a retirement income of around four times the age pension - the benchmark set by the treasurer in the budget." It argues that "well over" $3 million is necessary to provide similar comfort to what politicians and public servants enjoy ...

Unintended consequences unearthed in super changes

MARK SMITH  |  FRIDAY, 10 JUN 2016
Missing detail in the government's superannuation changes laid down in the budget is leaving wealth managers in the dark as to how to advise their clients, a group of leading industry technical services professionals has warned. Around 50 professionals ...

Future Fund gains two board members

DARREN SNYDER  |  MONDAY, 6 JUN 2016
... Vincent's Medical Research Institute. The announcement was made on 23 March, and amid hype around bringing the Federal Budget forward one week and before the eventual double dissolution.

More winners than losers in super budget measures: ASFA

ALEX BURKE  |  FRIDAY, 3 JUN 2016
More Australians will benefit from the new superannuation measures announced in the Budget than be negatively affected by them, according to Association of Superannuation Funds of Australia figures. ASFA prepared the research to "inform the debate," ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
Retirees' cost of living reduced in the first three months of 2016 but it doesn't mean they are necessarily any closer to achieving adequate retirements. The Association of Superannuation Funds of Australia has released its Retirement Standard quarterly ...

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
... receiving a lower annual income than someone on a full pension. It is reported that pension changes announced in the 2015 budget and rushed through federal parliament will see 325,000 existing pensioners lose all or part of their pension in 2017. National ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... re-elected Turnbull government, has been an important anchor for the development of the superannuation package in the 2016-17 Budget. We will make changes to the superannuation system that will provide greater flexibility, better target tax concessions ...

Australia joining global retirement focus: Challenger

DARREN SNYDER  |  FRIDAY, 20 MAY 2016
... into guaranteed income streams. He added this shift was also evident in the federal government's mindset around its 2016 Budget. "It is 24 years since the superannuation guarantee was introduced and setting the objective of super is timely and a sign ...

Medcraft steps down from global leadership position

ALEX BURKE  |  FRIDAY, 20 MAY 2016
... both Labor's calls for a Royal Commission into the financial services sector and the Government's announcement in the 2016 Budget that the regulator would be given a $127 million funding package - to ensure that it remains, in Treasurer Scott Morrison's ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 20 MAY 2016
... Authority, "This robust performance of the economy increases the likelihood of achieving the DBCC-approved [Development Budget Coordination Committee] GDP growth projection of 6.8% to7.8 percent for full year 2016, despite the weak agriculture and fishery ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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