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Showing 1151 - 1160 of 22859 results for "Super"

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... the viability of the superannuation tax, which will potentially see a 15% increase in taxes applied to the proportion of super savings exceeding the $3 million threshold. Canavan argued that the taxing of unrealised gains is incredibly unfair, and people ...

Super needs customised, personalised approach: FSC

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... about to face." The report stated that by 2033, Australia will have about 3.6 million retirees holding one quarter of the super system's assets. A further 6.3 million Australian's will be approaching retirement with almost half the system's ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
ASIC is facing growing pressure to up the ante on regulating private markets, particularly private credit, as key stakeholders fear offerings are becoming increasingly accessible to retail investors. In response to the inaugural discussion paper that ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... and strategic action that the Australian government can take now is to rapidly and radically reduce the gap between the super-rich and the rest of society. We can't allow billionaire wealth to continue to rise unchecked while two million Australian households ...

Retirement confidence highest since 2020: SSGA

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... factors behind the increased confidence: 43% cited little to no short-term debt, another 43% cited wise investment of their super or retirement plan, while 40% noted the ability to save as the reason. Further, 64% of advised clients expect to be financially ...

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... held senior risk roles with Westpac and BT Financial Group and is the former head of finance and governance at AustSafe Super which merged with Sunsuper in 2019. Simon Keast joined in April as chief financial officer, having most recently worked at Ovanti. ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work. AMP Super Lifetime runs automatically in the background of a member's super account, creating ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
Iress has today completed the sale of its superannuation business to Apex Group. Apex Group purchased the super business for $40 million cash and additional payments of up to $20 million over 12 months subject to agreed revenue milestones. The terms ...

Awareness of options could boost advice access: CFS

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... Australians want financial advice on, however a significant proportion have little to no idea they can pay for it through their super. Based on a survey of 2250 Australians, Colonial First State's (CFS) Empowered Australian report, 92% of unadvised Australians ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... the average performance of the option over the past 10 years was better than it was." The information was provided via the Super Savings Product Dashboard on the fund's website. As a result, the fund was handed an infringement notice to the tune ...