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Showing 1241 - 1250 of 7379 results for "System"

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... leading some to bypass the stapling requirements," he said. In April, the Australian Taxation Office will roll out an IT system to streamline the process for digital service providers. It will also finalise improvements to its Choice of Fund form in ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
New research by the Grattan Institute suggests how the government can save up to $13.5 billion annually if superannuation was not geared towards giving high-income earners tax windfalls. The newly released report, Super savings: Practical policies for ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... Alex Dunnin said introducing superannuation caps, such as the proposed taxation changes, would bring more equity to the system in principle. However, it would only affect a small percentage of the population while impacting a disproportionate share of ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... super, as do 67% of those who say they are struggling a bit. Meanwhile, 70% of respondents said a big goal of the super system should be ensuring that fewer people rely on the pension. Preservation is critical to securing a better standard of living ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... itself has that level of integrity that supports [advisers]." This May, Morningstar will introduce the Medalist Rating system (Gold, Silver, Bronze, Neutral or Negative) to replace the incumbent Analyst Rating. The methodology behind a rating will not ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... retirement, and this goes hand in hand with closing the gender super gap," said HESTA chief executive Debby Blake "Our super system is world class, but its design continues to disadvantage certain groups, including women, many of whom continue to experience ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Following its agreement to purchase the embattled bank, Sergio Ermotti will return to the helm of UBS and take over from Ralph Hamers. Hamers will officially relinquish his chief executive title next Wednesday to "serve the interests of the new combination ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... individuals, as it depends on their accustomed lifestyle. Moreover, the 'sustainability' of the superannuation system could be influenced by the broader budgetary and fiscal position of the Commonwealth at any given time, he said. Meanwhile ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... said. Chalmers added that enshrining the right to superannuation payments is part of a broader plan to ensure the super system is the best version of itself. "Our government will do everything we can to protect super and help deliver a dignified retirement ...

ASIC investigates CHESS replacement blunder

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2023
... Settlement, and responsible directors and officers are under scrutiny for their role in failing to replace the settlements system and the technology that underpins it. ASIC is investigating if the exchange and its directors breached obligations under ...