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Showing 91 - 100 of 352 results for %22Productivity Commission%22

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... resolute about improving the "well documented" challenges in the retirement system, bolstered by the landmark Productivity Commission and financial services Royal Commission reports. A key focus for the Government now is prioritising the recommendations ...

Retirement income review welcomed: Poll

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
... proposed move. "I am positively disposed to a review of the retirement income system as recommended by the Productivity Commission," Frydenberg told the AFR. He also pointed to the backlog of superannuation reforms that remain outstanding from the Government's ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... balance, saying the median super balance in retirement is currently zero. For this statistic, he cites a 2015 Productivity Commission report. "It is far harder to be comfortable if you do not own your home, suggesting that in terms of retirement priorities ...

Financial tech firm refocuses strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... competing demands at a price acceptable to the market is to integrate technology into advice processes to improve adviser productivity." It did acknowledge that in the short term the implications of the Royal Commission have presented challenges for ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... superannuation. "I am positively disposed to a review of the retirement income system as recommended by the Productivity Commission," Frydenberg told the AFR. "There are a number of superannuation reforms that remain outstanding from the last term of ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... her experience inside AustralianSuper as the Government looks to implement its ongoing responses to the Productivity Commission and Royal Commission. "I'm not making announcements today, but our response to the Productivity Commission will be handled ...

Members ignorant about super fund differences: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... Emphasise the importance of their account balance is increasing over paying attention to returns. The Productivity Commission found that while most members were in funds that delivered good investment returns, millions of members were in funds that persistently ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... won't be in members' interest because they have marginal impact on sequencing risk. However, as the Productivity Commission said, by the nature of seeking to de-risk early, they can have quite a significant impact on final balance of members," ...

Frontier highlights best in show list weaknesses

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
New research from Frontier Advisors highlights the misplaced focus and potential pitfalls of the Productivity Commission's proposed 'best in show' list. Given the strong imperative for the superannuation sector to consolidate, the white ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
... million reduction in impairment charge. Hartzer said the group is on track to deliver its target of $400 million in productivity savings over the full year, of which $146 million were delivered over this half. The bank cut 788 full-time employees in ...