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Showing 131 - 140 of 9858 results for "Government"

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... Advice Review (QAR), saying the latest proposals could "wind the clock back five years" on the industry. Today, the government released its final response to the QAR, which included allowing superannuation funds to provide personal financial advice to ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
Financial advisers are feeling energised by private markets as fund managers pave the way to make opportunities accessible not only to sophisticated investors but also retail clients more than ever. Diversification, enhanced returns, and improved accessibility ...

QIC opens new international office

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... Asian-based institutional investors. QIC chief executive Kylie Rampa said the opening heralded a new chapter in the state government owned investment manager's globalisation and client diversification story. Until now, QIC's international operations ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... However, the ATO reported there is an estimated $3.6 billion in unpaid super between 2020 and 2021. In response, the government will require super be paid on payday, effective 1 July 2026. Industry Super Australia (ISA) has predicted that the amendment ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... notice. "In recent years, there has been a substantial increase in regulatory changes introduced by both the federal government and regulatory bodies. These changes have significantly raised the complexity and cost of administering superannuation funds ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... workers and younger women are disproportionately impacted by unpaid super. SMC interim chair Nicola Roxon said the government's commitment to switch from quarterly to payday super was a step towards fulfilling super's policy promise of a financially ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
The government has been encouraged to create a regulatory framework that empowers superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue ...

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... served on the boards of the Bank of Queensland, Monash College, QBE Insurance (Australia Pacific Operations), Australian Government Solicitor, Trinity College, and the University of Melbourne, to name a few. She also held the role of group general manager ...

Former Schroders executive enters VC space

ELIZABETH FRY  |  FRIDAY, 1 DEC 2023
... significant commitment from more than 30 large institutional asset owners, including 12 sovereign wealth funds and government investors. Earlier this year, Antler announced the successful closure of the $425 million Global Elevate Fund and has continued ...