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Showing 1421 - 1430 of 18098 results for "Superannuation"

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... personal wealth, noting that the older people of the future will be wealthier, primarily due to the compulsory superannuation system. According to the government, all "fully supported" residents will not contribute more. However, 30% of full pensioners ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... Prime Super, Baird drove the asset owner's strategic direction to deliver growth via two fund mergers. The superannuation fund ranks in the top third of regulated superannuation funds for membership, cash flow and investment returns. Baird currently ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
The complexity of retirement income decisions has left many feeling ill-equipped to manage their superannuation savings and generate an income that will deliver a comfortable lifestyle later in life, according to GBST research. The wealth management ...

Vote for Financial Standard in Australian Financial Industry Awards

STAFF WRITER  |  WEDNESDAY, 11 SEP 2024
... Financial Services Publication of the Year at the recent Impact Awards, Financial Standard has been nominated for Superannuation/Financial Services Industry Media of the Year - People's Choice. The award recognises media outlets that "consistently ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
... sufficient to afford retirement. Further, 62% of Australians over 70 years (1.7 million people) do not have any superannuation, and nearly half (47%) of the entire population think "it's going to take a miracle to retire securely." Natixis country head ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... Coalition plans to amend paid parental leave legislation to let parents opt for a one-off cash payment instead of superannuation contributions on government-funded paid parental leave. A joint statement from deputy leader of the opposition Sussan Ley ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
The Senate will consider legislation to define an objective of superannuation. The Superannuation (Objective) Bill enshrines the goal to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... external dispute resolution company is specifically consulting on two draft approach documents for "key areas" in superannuation: the new approach to sections 29(6) and 29(7) of the Insurance Contracts Act 1984, and the amended approach to delayed insurance ...

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... ageing population, with the government expected to start withdrawing money from the fund in 2035 to help pay for superannuation payments. Canada's CPP Investments was closest to NZ Super among state-owned funds that have reported their latest financial ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Seventeen of Australia's superannuation and pension funds now rank in the top 300 worldwide by assets, including one new entrant. However, it's not all good news for the government funds that made the cut. That's according to the latest ...