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Showing 111 - 120 of 9883 results for %22Government%22

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... retirement money - 39% compared to 37% respectively. FSC chief executive Blake Briggs said there is significant risk for the government if it tries to convince Australians that politicians know best in determining which retirement products they should ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... project 1% growth in 2024. This is up slightly from our most recent World Economic Outlook update. Thanks to stronger government spending. And achieving sustained 2%, inflation looks increasingly likely." The IMF predicts that the UK's economy will grow ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... some of the legislative changes that they've experienced flow through to us?" she said. One example is the federal government floating the possibility of making the Retirement Income Covenant applicable to SMSFs. "I don't know that it should ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... mechanisms, and access to a compensation scheme of last resort under certain circumstances. "The FSC is urging the government to use a scalpel, not a sledgehammer, when adjusting the thresholds, to get the balance right between the important role of ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... with members' superannuation savings. This is critical as approximately 62% of Australians over the age of 65 receive government pension payments, and research shows fewer than half apply immediately upon eligibility, leading to many forfeiting entitlements. ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
The Super Members Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... information on member benefit statements, including members in receipt of account-based pensions. Another suggestion is the government providing educational material to members to better understand how large unforeseen expenses such as aged care and ...

BlackRock appoints Aussie head, builds out NZ business

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
... independent head of New Zealand. Its $2 billion New Zealand climate investment fund, announced by the previous Labour government in August 2023, is expected to make its first investments in early 2024. "Irrespective of government, we see this not only ...

Super funds lack data for effective retirement assistance: Study

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... balance for over two million members aged 55-74. "There is already a lot being done, and we all need to team up - the government and the industry - to ensure financial security for those in retirement. Instead of just having a 'nest egg,' let's ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... excluding investments in Elbit since 2012. The world's largest sovereign wealth fund, Norway's $2.4 trillion Government Pension Fund Global, has excluded Elbit since 2009 for reasons of "other particularly serious violations of fundamental ethical ...