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Showing 1411 - 1420 of 18113 results for "superannuation"

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
The largest industry superannuation funds hold a substantial portion of the entire market capitalisation of the Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... easier for Australians to access financial advice - including the use of nudges by super funds. The Association of Superannuation Funds of Australia (ASFA) said the legislative changes would allow super funds to nudge their members to seek advice or ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... Residential Property Fund (URF). "The motion is relevant to E&P as it references E&P subsidiary Dixon Advisory & Superannuation Services Pty Limited (subject to deed of company arrangement) as an example," the board said. The inquiry will also delve ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
A Western Australian woman who illegally obtained $202,000 for herself and others via an early release of superannuation scam has been sentenced to three years' imprisonment. The unnamed High Wycombe woman was sentenced at the Perth District Court ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
A recent report by economist Saul Eslake, which criticised the use of superannuation for home deposits, has been labelled "deeply flawed" by Australian Institute for Progress executive director Graham Young. Young said allowing home buyers to tap into ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... the reality is a lot of these product and risk and compliance skills do not exist in combination, particularly in superannuation... Super product in risk and compliance positions has, historically, not been a large pool to draw talent from," Chisholm ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
Research from the Association of Superannuation Funds of Australia (ASFA) shows only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... Income Stream members will see a 33% increase in their administration fee cap due to higher costs borne by the superannuation fund. From November 1, the super fund will increase its annual administration fee cap for Income Stream accounts from $750 to ...

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
... Swinhoe has an extensive background in financial services, having worked across insurance, institutional banking, and superannuation. She is currently a non-executive director of Swiss Re (Life & Health and Property & Casualty) and Australian Philanthropic ...