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Showing 121 - 130 of 1613 results for "Recommended"

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... already offer leave entitlements of this nature, including Cbus, Future Group, and Aware Super. The committee has also recommended the government consider amending the Fair Work Act to provide access to flexible working arrangements for women when going ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... same." Platinum said there is "no guarantee" that discussions with Regal will progress or that the offer would be recommended by the board. "Platinum shareholders should not take any action in connection with the Regal proposal. In due course, the Platinum ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... from the industry, ASIC said all the submissions supported changing the default inflation rate. "While one submission recommended extending the transition period beyond 31 December 2024, based on our review of other submissions, we consider the proposed ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... Schubert said the objective's wording reflects the views of everyday Australians - and urged its smooth passage as recommended by a cross-party Senate committee. "The 'Objective of Super' legislation reflects that clear and compelling purpose in ironclad ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... Financial Planning, MWL Financial Services, Financial Services Group Australia, and Next Generation Advice having recommended investment in the Shield Master Fund. ASIC launched an investigation in February to halt new investment offers in Shield Master ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... balances above $3 million (Division 296) and for those earning $250,000 plus (Division 293). The advocacy body has recommended that $750 million of the revenue generated be allocated to increase the Low-Income Superannuation Tax Offset (LISTO) threshold ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... operator, offering them a free superannuation 'health check,'" ASIC said. "[UGC] through its authorised representatives, recommended investments to clients that included speculative investments in Global Capital Property Fund Limited in which Hewish ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... coherent and consistent approach to corporate regulation and law enforcement," Senator Andrew Bragg said. "We have also recommended a suite of measures to improve governance and transparency. This includes a statutory mandate to investigate corporate ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... released from the family home when it is sold, for example, $300,000 per person or $600,000 for couples. Boal also recommended providing Age Pension means test relief on money accessed through home equity release schemes, up to the same cumulative limits ...