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Showing 1201 - 1210 of 10925 results for "Government"

QIC opens new international office

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... Asian-based institutional investors. QIC chief executive Kylie Rampa said the opening heralded a new chapter in the state government owned investment manager's globalisation and client diversification story. Until now, QIC's international operations ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... However, the ATO reported there is an estimated $3.6 billion in unpaid super between 2020 and 2021. In response, the government will require super be paid on payday, effective 1 July 2026. Industry Super Australia (ISA) has predicted that the amendment ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... notice. "In recent years, there has been a substantial increase in regulatory changes introduced by both the federal government and regulatory bodies. These changes have significantly raised the complexity and cost of administering superannuation funds ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... workers and younger women are disproportionately impacted by unpaid super. SMC interim chair Nicola Roxon said the government's commitment to switch from quarterly to payday super was a step towards fulfilling super's policy promise of a financially ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
The government has been encouraged to create a regulatory framework that empowers superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue ...

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... served on the boards of the Bank of Queensland, Monash College, QBE Insurance (Australia Pacific Operations), Australian Government Solicitor, Trinity College, and the University of Melbourne, to name a few. She also held the role of group general manager ...

Former Schroders executive enters VC space

ELIZABETH FRY  |  FRIDAY, 1 DEC 2023
... significant commitment from more than 30 large institutional asset owners, including 12 sovereign wealth funds and government investors. Earlier this year, Antler announced the successful closure of the $425 million Global Elevate Fund and has continued ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... trillion. Nearly two-thirds (62%) of this sample suffered losses, including six of the 10 largest pension funds. Japan's Government Pension Investment Fund declined 5.2%; South Korea's National Pension Service dropped by 16.8%; and Dutch fund Stitching ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced the government's controversial Better Targeted Superannuation Concessions Bill - the legislation introduces a 30% tax rate for superannuation ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... industry feedback, from both advisers and super funds, since it launched eight months ago, as well as being in response to government calls for more flexible retirement solutions. Earlier this year, Allianz Retire+ inked a deal with Link Group to offer ...