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Showing 1361 - 1370 of 18104 results for "Superannuation"

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... Victorian state government, its employer agencies, and their employees, administering statutory defined benefit superannuation funds and obligations.

ACTU slams plans to Americanise the superannuation system

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
... is no silver bullet. However, his remarks about making it easier for Australians to secure a home - by aligning superannuation with other global retirement schemes, like 401k, which allow withdrawals for the purpose of purchasing a first home - drew ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... director John McMurdo said. Net flows came in at $96 million in the quarter, with Australian Ethical stating the superannuation net flows of $90 million were lower due to the administration transition to GROW in mid-September, which caused a mild disruption ...

Perks announces new acquisition

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... in 1981, Perks provides their clients with advice across business advisory, wealth management, audit, finance, superannuation, HR consulting and recruitment.

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... million. This has brought platform assets under management (AUM) to $78.1 billion, up from $74.7 billion in Q2. AMP's superannuation and investments business for AUM increase to $55.8 billion, with net outflows dropping 46% to $334 million. "During the ...

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... of Australian retirees as they live longer." Conversely, Mary Delahunty, chief executive of the Association of Superannuation Funds of Australia (ASFA), said while the compulsory income stream might increase Australia's index ranking, it is crucial ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... fees. New research commissioned by Vanguard, conducted by CT Group, found 61% of Australians are unaware that their superannuation fund is charging them multiple fees, with one third having never reviewed or compared fees across funds. Most super funds ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... also face financial setbacks due to a limited understanding of issues like bracket creep (79%) and the proposed superannuation concession changes (87%). This gap narrows significantly, however, with the help of a financial adviser. Generation Life executive ...

AustralianSuper pumps $2.2bn into US data centre

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
AustralianSuper is making its first investment in a US data centre platform for $2.2 billion in a bid to capitalise on the soaring demand for cloud and artificial intelligence (AI) infrastructure. Texas-based DataBank has found a place in AustralianSuper's ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
Superannuation industry groups are pushing back against a campaign led by NSW Liberal Senator Maria Kovacic seeking to allow single and divorced woman to access their superannuation early to purchase a property. Association of Superannuation Funds of ...