Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 4031 results for "Accounts"

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
... if they work more than 30 hours a week for one employer, as it was invented to prevent fees eroding low-balance super accounts, a reason the Super Members Council (SMC) said "no longer stacks up". According to its analysis, scrapping the 30-hour threshold ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... that any transitions are well managed and do not result in any unnecessary impact on members ability to access their accounts. APRA's imposition of licence conditions mean that HESTA is required to take prompt action to address deficiencies. APRA ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... Instrument 2024/17 (Principal Instrument) to allow providers to hold digital assets that are financial products in omnibus accounts, subject to appropriate record-keeping arrangements and reconciliation procedures, ASIC said. The Principal Instrument ...

Chalmers spurs on private sector investment

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
... is "no shortage of challenges" in the Australian economy, the private sector recovery "so conspicuous" in the national accounts means the nation can confront global volatility and persistent price pressures from a position of "genuine economic strength". ...

Preparing earlier boosts average super balance by over $250k: Brighter Super

MATTHEW WAI  |  FRIDAY, 5 DEC 2025
... expected to reduce the average cost of retirement advice by nearly 50%, with fees payable directly from members' super accounts. Commenting on the findings, Brighter Super head of retirement Jennifer McSpadden said retirement is shaped by decisions made ...

ASIC accuses ALAMMC Group directors of contempt

MATTHEW WAI  |  FRIDAY, 28 NOV 2025
... ALAMMC Group are guilty of contempt for allegedly, among other things, transferring more than $500,000 from their frozen accounts. ASIC has notified the Federal Court that it suspects the Gold Coast-based husband and wife duo, David McWilliams and Laura ...

Super funds continue to fail vulnerable members: UNSW

MATTHEW WAI  |  THURSDAY, 27 NOV 2025
... was raised in ASIC's October 2025 report, highlighting that among 12 major super trustees - responsible for 9.3 million accounts and $1.14 trillion in assets - none had developed specific communications for vulnerable or culturally diverse members, while ...

Reforms on super advertising, stapling enter parliament

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
... Delahunty said. "While sensible guardrails around advertising are essential to prevent the proliferation of duplicate accounts, advertising also has a legitimate role in a choice-based superannuation system. Increasing engagement with superannuation ...

Superannuation assets jump to $4.5tn: APRA

KARREN VERGARA  |  WEDNESDAY, 26 NOV 2025
... sector funds. Only two corporate funds remain, down from five compared to one year ago. Meanwhile, the number of SMSF accounts jumped by more than 37,200, growing 6% annually. Overall, total contributions increased by 12.7% to $215.6 billion and employer ...

T. Rowe and Oak Hill launch flexible credit income fund

RIDDHIMA TALWANI  |  MONDAY, 24 NOV 2025
... be distributed by T. Rowe Price and be available to both Investor Directed Portfolio Service (IDPS) and superannuation accounts. T. Rowe Price country head for Australia and New Zealand Darren Hall said that the launch of the fund reflects the growing ...