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Showing 111 - 120 of 1113 results for "Parent"

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... that OPC breached its duties as trustee by investing members' superannuation funds in cash investment options with its parent company ANZ, at rates for members that were lower than those offered to other depositors with no ties to ANZ. It also alleged ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
The Senate committee tasked with investigating issues related to menopause wants the government to research the efficacy of existing reproductive leave policies in Australia and overseas with consideration to introducing it in the National Employment ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... savings. "The Albanese Government's reform will go a long way in closing the inequitable gender superannuation gap. No parent should be penalised for taking time out of the workforce to take care of their newborn child. Paying super on Commonwealth Paid ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
New research from the Association of Superannuation Funds of Australia (ASFA) shows that while super balances are largely growing, there's still plenty to be done to ensure positive retirement outcomes for all. ASFA's An update on superannuation account ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
The Coalition plans to amend paid parental leave legislation to let parents opt for a one-off cash payment instead of superannuation contributions on government-funded paid parental leave. A joint statement from deputy leader of the opposition Sussan ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... Financial Planning (AMPFP) must now pay financial advisers who saw the value of their practices deteriorate on the back of parent company AMP controversially changing its BOLR rules in 2020. A large chunk of the settlement sum will go to litigation funder ...

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... and cattle operations. Over 10 years, AFA has returned 16% annually on average. Bell Group Holdings (BGH), which is the parent company of Bell Financial Group (BFG), Bell Securities, and Bell Asset Management, has about 66% interest in AFA. Former BFG ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
The government is rolling out a host of measures to provide cost-of-living relief to Australians. As previously flagged in the Budget, from this month the government will provide more help for renters, pensioners and reduce the cost of medicines for ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... must pay for under the Compensation Scheme of Last Resort (CSLR). "So seemingly Dixon Advisory did nothing wrong and the parent company has now totally moved on," he said, calculating this will cost each adviser around $8500. Anderson blamed the federal ...