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Showing 101 - 110 of 1613 results for "Recommended"

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... patterns' to encourage users to select Slate Super, saying a platform user could think they were joining a 'recommended fund', when they were in fact joining a very expensive, underperforming fund. In FY23, the fund's assets grew by 98.4% ...

IFM urges investment in housing, hires former Dexus chief

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... invested, it would see over $15 billion in investment and the creation of around 100,000 additional homes. The report also recommended identifying long-term land pipelines, providing greater certainty in the planning system, supporting community housing ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... to see whether they would be willing to continue serving on one of the two new boards, which is what the RBA review recommended," Chalmers said. Following that consultation, Carolyn Hewson, Ian Harper, Iain Ross, and Alison Watkins agreed to serve on ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... adviser did not demonstrate the value of diligence under the Code of Ethics. In another case, "Mr. W" two years ago recommended a client make a tax-deductible contribution to superannuation to reduce the tax liability from expected capital gains via ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... forced to have two super accounts: one for contributions and one for income. It said these rules are "out-of-date" and recommended allowing retirees to contribute to their retirement-phase super accounts, a change that would eliminate duplicate fees ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... superannuation system. In its final report, Financial abuse: An insidious form of domestic violence, the committee recommended the Superannuation Industry (Supervision) Act 1993 is amended so a beneficiary who perpetrated domestic or family abuse, including ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... risk that the assessment is not rigorous enough and not applied consistently by directors," Deloitte said. Deloitte recommended Cbus increase the number of rating options in the self-assessment to provide more flexibility and better capture differing ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... the objective of our review was not to make judgements about whether a particular option should be made available or recommended to members. Nor did we seek to provide a prescriptive measure or benchmark for underperformance," Kirkland said. "We appreciate ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... said. In all, ASIC is investigating KAM, its directors and officers, the super trustees, the financial advisers who recommended investments in Shield, the lead generators, and others. At a meeting yesterday, KAM's creditors resolved to wind the business ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... after the establishment of compulsory superannuation and the creation of the Superannuation Guarantee and was first recommended by the Financial Systems Inquiry in 2014 and reinforced in the Retirement Income Review of 2020. Super Members Council chief ...