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Showing 1111 - 1120 of 18089 results for "Superannuation"

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... "significant administrative and compliance" hurdles to claim them. Separately, AustralianSuper said that the low-income superannuation tax offset (LISTO), which compensates low-income individuals for the tax their super fund pays on concessional contributions ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer (SFT) ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... The Future Fund and Infratil will up their stakes in a local data centre services provider as the Commonwealth Superannuation Corporation (CSC) sheds some of its holdings. CSC has agreed to offload 12.04% of the ordinary shares it holds in Canberra Data ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
UniSuper chief investment officer John Pearce has provided an outlook for markets in the year ahead, with a positive yet subdued sentiment. Pearce said that while 2023 and 2024 were both bumper years for markets - with returns greater than 20% - he ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... to the innovation and automation already implemented, as well as a marked improvement in brand consideration for superannuation, noting "our reputation is back at long-term averages." "People are proud of what we're offering and proud of getting ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... Generation Life reported continued inflows and was created to pre-empt the government's proposed $3 million cap to superannuation balances for tax concessions. "Although a global recession is not forecast, we continue to take a balanced approach ...

Super's operational infrastructure 'not quite right'

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
The super sector's "underdeveloped" operational infrastructure has been highlighted as a main area of concern in a new research report from the Conexus Institute. The report highlighted failures in member servicing - which have been heightened in the ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... Senator Andrew Bragg said the third report is focused around the "shocking governance standards" which undermine the superannuation sector. "This package of recommendations focuses on conflicts, competence and independence within the super sector," Bragg ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... the wealth business. Its platforms business posted an 18.9% rise in underlying NPAT to $107 million, while its superannuation and investments arm lifted underlying profit 26.4% to $67 million. AMP Bank, however, reported a 22.6% decline in underlying ...