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Showing 1591 - 1600 of 18104 results for "Superannuation"

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
The Financial Services Council (FSC) and its superannuation funds members have adopted a new standard to protect consumers from financial harm. The FSC's Standard demonstrates its members' commitment to protecting customers from scams and fraud by setting ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... opportunities, both locally and globally. The new mandate comes after Stafford appointed Stephen Milburn-Pyle as its new superannuation lead back in March. Prior to joining Stafford, Milburn-Pyle was responsible for the strategic operational management ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
While their administration fees will fall, from next week many Equip Super members will begin paying an insurance fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... first quarter of 2024, with house prices continuing to increase," ABS head of finance statistics Mish Tan said. Superannuation assets contributed 0.9 percentage points to growth in household wealth this quarter and was driven by strong investment performance ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
Two separate laws that regulate how superannuation funds deal with non-arm's length expenses (NALE) and income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... retirement savings are once again invested in Whitehaven Coal, one of Australia's worst climate wreckers," Market Forces superannuation funds campaigner Brett Morgan said. "By scrapping its coal exclusion policy, Vision Super is out of step with member ...

AustralianSuper completes build-to-rent-to-own project

KARREN VERGARA  |  MONDAY, 24 JUN 2024
AustralianSuper has completed its first build-to-rent-to-own housing development (BTRTO), located in Melbourne's northwest. Built in conjunction with property developer and operator Assemble, residents have now moved into 15 Thompson Street, Kensington. ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
The superannuation gap of young Australians who contribute to their super earlier, compared to those who take the default contribution option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger ...