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Showing 1451 - 1460 of 6290 results for "Superannuation Fund"

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... able to exit their existing product and transfer capital and reserves into an accumulation product with a superannuation fund. Individuals can then decide whether they want to stay in that super fund, take a lump sum benefit or move to a new retirement ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The government has announced a $110 billion infrastructure project pipeline to help fuel the post COVID-19 economic stimulus, and it's not just concrete and steel. Billed as one of the budget's cornerstone commitments, the government will spend an extra ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... inconsequential. Yes, it's a brilliant idea to enable Australians to use the administrative infrastructure of their superannuation fund to help them save for their first home. But with interest rates at 6000-year lows and - based on comments from the ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
The longstanding requirement for workers to earn more than $450 a month to be entitled to the superannuation guarantee has been scrapped. In a move that would benefit more than 200,000 women, the need for Aussies to earn more than $450 a month in order ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ...

Super fund advice not useful: Research

JAMIE WILLIAMSON  |  THURSDAY, 6 MAY 2021
While 50% of Australians expect superannuation funds to advise them on retirement, only 16% of those who have sought advice from their fund believe it was useful. That's a key finding of UK fintech Smart's The future of global retirement report, looking ...

Legalsuper adds Law Institute of Victoria chief

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
The $4.5 billion industry superannuation fund has welcomed Law Institute of Victoria chief executive Adam Awty to its board of directors. Awty has replaced Ashurst partner Geoff Hone who served on the board for 11 years. "At a time when superannuation ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
Retail superannuation funds, with the exception of one industry fund, led MySuper performance for the three years to March end, according to latest Rainmaker analysis. Virgin Money Lifestage Tracker 1973-1983 returned 9.3% over three years, followed ...

Crescent Finance launches real estate funds

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... Crescent Finance was established in 2020 and is a part of Crescent Group which includes a $300 million Islamic superannuation fund.