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Showing 1631 - 1640 of 18113 results for "superannuation"

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... Lastly, the bill wants written information or documentation requirements for the purposes of section 99FA of the Superannuation Industry (Supervision) Act 1993 to continue to be met electronically. On March 27, Treasury introduced the first tranche of ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... stage and 66 instances were resolved via an agreement. ART had 267 complaints and a 38.4% resolution rate. Mercer Superannuation received 248 complaints, while Aware Super and Hostplus had 221 and 181 respectively. Overall, the super sector registered ...

Super leaders take out King's Birthday honours

ELIZABETH FRY  |  TUESDAY, 11 JUN 2024
Four top superannuation specialists have been recognised in this year's honours list including incoming governor general Sam Mostyn, who recently stepped down as chair of Aware Super. Those celebrated for their work in superannuation also include ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... 1 can aggravate the cost of financial advice, according to the SMSF Association (SMSFA). In a few weeks' time, superannuation funds and platform providers will no longer be able to claim a rebate for the GST component of adviser fees deducted from a ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... mortgage repayments. Another couple from Sydney's Hills District was paid $150,000 in compensation after receiving bad superannuation advice. AFCA found the advice was not tailored to reflect the couple's circumstances or goals. The adviser also poorly ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... chief financial officer Garnett Hollier said State Street was selected for its "proven capability in servicing superannuation funds, the global network and scale, as well as local presence in Brisbane and an extensive superannuation client community ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
Australia Institute research found women and low-income earners are being left behind by a superannuation tax concession system that disproportionately benefits high-income earners and men. The report said super tax concessions help high income earners ...

Equip Super to introduce retirement specialists

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... focus, Equip said it is encouraging both members and non-members to contact the fund to answer questions about superannuation and retirement. Research conducted by Equip Super revealed Australians felt that while they were marketed retirement products ...

ASFA partners with First Nations Foundation

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
The Association of Superannuation Funds of Australia has announced a new learning partnership with First Nations Foundation (FNF) to deliver cultural competency training for members. This new partnership will give ASFA members access to FNF's culture ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... Productivity Commission, is more likely to be $4.9 trillion based on CoreData Research. This excludes $3.7 trillion of superannuation and money in savings accounts that aren't easily quantifiable. "It's the biggest financial change in the history ...