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| | | The government will allow individuals to withdraw superannuation contributions in excess of the non-concessional contributions cap made from 1 July 2013, it has said in the budget. It said that any associated earnings in these excess contributions may ... |
| | | | The government will delay the staggered increase of the superannuation guarantee (SG) to 12% for an extra year, it has revealed in the 2014/15 budget. On 1 July 2014, the SG will go up to 9.5% and will remain at that level until 2018, when it will rise ... |
| | | | S&P Dow Jones Indices has appointed Daphne van der Oord as its new head of Australia and New Zealand. SPDJI has also appointed a senior director of channel management in shape of ASX's Jonathan Morgan. The two appointments are part of a move to expand ... |
| | | | Industry Super Australia (ISA) Director of Public Affairs Matt Linden said the budget was a "missed opportunity to find small innovative solutions," saying the changes could result in a 25% decrease in retirement income for many Australians. He said ... |
| | | | The government will raise the Age Pension eligibility age to 70 by 2035, Treasurer Joe Hockey has said in his 2014 budget speech. From 2017, the government will also index the Age Pension, as well as the Disability Support Pension, to inflation rather ... |
| | | | Businesses will be paid $10,000 for employing workers over 50, the government is expected to announce in this evening's budget. The initiative will go alongside a staggered rise in the Age Pension eligibility age, reaching age 70 by 2035. Under the ... |
| | | | Almost 50% of businesses have limited or no knowledge of the SuperStream requirements, a survey conducted by AttachA(C) Software has found. From 1 July 2014, businesses with more than 20 employees will start using the SuperStream standards for sending ... |
| | | | The Financial Planning Association (FPA) has appointed Tom Reddacliff to the new role of general manager, member growth and marketing. Reddacliff moves to the FPA after many years at the National Australia Bank group, holding positions both at NAB and ... |
| | | | Ethical fund manager Hunter Hall Investment Management (Hunter Hall) has appointed Barbara Glover as head of retail sales and marketing. Glover has held positions with AXA, AMP Capital, ING Direct and NAB Wealth. Most recently she was distribution executive ... |
| | | | Age pension eligibility, infrastructure and the deficit look likely to take prominent position in tonight's budget, described by Prime Minister Tony Abbott as bringing "pain with purpose." However, superannuation and financial services are expected ... |
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