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Showing 1141 - 1150 of 18090 results for "Superannuation"

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
Despite being dropped from the Senate program today, the Better Targeted Superannuation Concessions Bill could soon be a reality, with the government needing to secure just one more supporter. The Bill was supposed to be debated in the Senate today ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
A financial adviser who failed to provide appropriate superannuation contribution advice has been ordered by the Financial Services and Credit Panel (FSCP) to undertake further education. The adviser, referred to as "Mr. D", provided advice that led ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... invest in IFM's alternate asset investments. An IFM spokesperson told Financial Standard that all 16 Australian superannuation funds will retain their stake in IFM, but the relative percentages in terms of ownership would change. "Ultimately, Nest have ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... blown out of proportion with the sector cap of $20 million. This is largely due to the failures of Dixon Advisory & Superannuation Services (DASS) and United Global Capital (UGC), whereby 92% of the total claims expected to be paid relate to these two ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... controversial scheme. The CSLR today released its FY26 levy estimates and blamed the failures of Dixon Advisory & Superannuation Services (DASS) and United Global Capital (UGC) for the massive bill. A whopping 92% of the total claims it expects to pay ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Financial Services Council (FSC) chief executive Blake Briggs has said the regulatory pendulum for the superannuation, funds management, and financial advice sectors has swung too far over the last decade under successive governments. It's time for ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... 2025-26 pre-Budget submission, which outlined 10 key recommendations. These recommendations included extending the superannuation guarantee to all under-18 workers, including those working less than 30 hours per week, with an appropriate transition period ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
Superannuation funds' promotional expenses continue to balloon as new APRA data shows that AustralianSuper has the biggest marketing budget while Hostplus continues to splurge on sponsorship deals. Hostplus splashed a staggering $13.7 million on ...

Workplace expert joins Aware Super in new role

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... appointed Breckon Jones to the newly created role of head of growth, talent, and reward. Jones joins the $190 billion superannuation fund from iCare NSW, which manages the insurance and care services to the people, businesses and communities of New South ...