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Showing 1691 - 1700 of 18113 results for "superannuation"

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
Rest has urged the Australian government to remove the minimum hours rule for the superannuation guarantee to apply. Research conducted for Rest by CRNRSTONE found 82% of Australians think the law should be changed so that Australian workers - many ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... ClearChoice Super in excess of the insurance premium, the excess will be transferred to your nominated complying superannuation fund. If you do not nominate a superannuation fund, we may transfer the money to the Australian Tax Office in accordance with ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... Services Pty Ltd, Self-Managed Super Pty Ltd, Provest Enterprises, and Super Funds Australia Pty Ltd ITF Principal Superannuation Fund - over concerns related to the misappropriation of client funds and unauthorised share trading. The investigation ...

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
The tentacles of inflation are taking a toll on retirees' savings as the diminished value of their money is their biggest financial worry over healthcare costs, according to a Schroders survey. An overwhelming number of participants in the 2024 ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... Group], which earned over $174 million in revenue last financial year?" As at 10 April 2024, Dixon Advisory and Superannuation Services (DASS) remains a current AFCA member. ASIC cancelled DASS's licence on 5 April 2023. The terms of the cancellation ...

Senior Cbus investment manager exits

ELIZABETH FRY  |  FRIDAY, 10 MAY 2024
... allocation, capital markets and portfolio execution, and quantitative solutions teams. His appointment was part of the superannuation fund's plan to internalise its investment structure. "This appointment further strengthens our overall investment ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... Inquiry was recalibrated to assess how policy could improve retirement outcomes by letting Australians use their superannuation to purchase a home. "In the course of our inquiry, it has been made clear to the Committee that having a secure retirement ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
A review by ASIC has found evidence of poor oversight of advice fee deductions by superannuation trustees, with some allowing charges of up to $20,000 before raising concerns and some not conducting any checks of advice documents at all. ASIC is calling ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... enforcement work over recent years it has become increasingly clear that in many cases member services provided by superannuation funds are falling short of these expectations. In particular, we have observed that services are too often slow, unresponsive ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
Super Members Council (SMC) has slammed the Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals ...