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Showing 1401 - 1410 of 12781 results for "Change"

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
The government's amendments to the stage 3 tax cuts have been passed and will automatically take effect on July 1. The Albanese government said the amendments were made due to the cost of living crisis. Now, everyone will benefit from a tax cut ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... membership typically skews younger currently, with the average member being in their early 40s. Shrimski said he expects this to change once all advisers have access and the offering is hard launched. "I think it'll really work nicely with our financial ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... to fund the systemic investment needed to overcome capital-hungry systemic issues such as the energy transition, climate change mitigation and sustained high-tech growth," she said. One example highlighted is Australia's Your Future, Your Super reforms ...

RBA appoints operations chief

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... of the RBA review that was released in April 2023. In her current role, she oversees the delivery of technology-related change, the renovation of the RBA's head office, and the uplift of data governance and strategic planning capabilities. Woods will ...

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
The Asena Family Office (Asena) has officially set up shop down under, merging with Melbourne-based boutique family office and asset management firm Giles Wade. To date, Asena said it has almost exclusively targeted an Australian audience with interests ...

Jo-Anne Bloch to chair CSLR

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
Former Financial Planning Association of Australia (FPA) chief executive Jo-Anne Bloch has been appointed by the Albanese government to lead its Compensation Scheme of Last Resort (CLSR). The scheme, which officially kicks off on April 2, aims to give ...

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
Demographic change, virtuous consumerism, the grandparent economy, AI acceleration, and social reconnection are the five megatrends shaping the future of SMSF and financial services businesses, according to McCrindle Research principal Mark McCrindle. ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Members must look beyond the "doom and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert. Presenting at the SMSF Association National ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... platform for their retirement savings strategy. For those who opt to take their money out of superannuation because of this change, Heffron flagged issues that must be considered including the impact of large withdrawals on exempt current pension income ...