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Showing 171 - 180 of 3872 results for "pension"

Some Australians being taxed more on super than pay: SMC

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
... on their take-home pay. "This reinforces the ongoing need to update system settings for some groups and ensure the Age Pension and related financial supports deliver a genuine safety net," the SMC research said. "The better-than-expected success of the ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
... invested nearly US$2 billion in Israeli companies. In July, UN special rapporteur Francesca Albanese slammed the Government Pension Fund of Norway - which is the world's largest and claims to have the "most comprehensive ethical guidelines" - for ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Treasury has launched two consultations relating to the retirement phase, one of which seeks the right metrics and indicators to create transparency and improve retirement outcomes. The proposed Retirement Reporting Framework will require trustees to ...

Super funds risk 'falling behind': MUFG Retirement Solutions

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
MUFG Pension & Market Services has called for an industry-wide uplift in digital identity and fraud protection capabilities as it works with the Australian government and super funds to pilot a new digital ID tool. Speaking exclusively with Financial ...

Legal costs weigh on AMP profits

JAMIE WILLIAMSON  |  THURSDAY, 7 AUG 2025
... Superannuation and Investments unit held steady with $34 million in underlying profits. However, net cash outflows (excluding pension payments) did improve year on year, coming in at $75 million versus the $470 million seen in 1H24. And, earlier this ...

Australian Ethical lifts investment fees

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
Australian Ethical has increased investment fees and costs for super and pension options, effective August 1. The $8.9 billion super fund said for those invested in the Conservative, Balanced, Growth and High Growth options, the lift in fees and costs ...

First Super reduces admin fees

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... 0.18% for administration and 0.02% for advice, however First Super is introducing an asset-based fee cap of $1250. For pension members, the fund is introducing a weekly flat administration fee of $1.65. It currently does not charge a weekly fee, but ...

Australian investment in venture capital lags: SMC

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... protection; and ensuring super tax concessions are better targeted to support low-income workers and reduce reliance on the Age Pension. SMC is also calling for the government to commission a fresh fast-track Productivity Commission review of regulatory ...

HESTA calls for reforms to help women in retirement

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... with wage rises and the cost of living. HESTA said this would allow retirees to work more without impacting their Age Pension. "The lift to the super guarantee and paying super on Commonwealth Paid Parental Leave are fantastic steps to strengthen Australia's ...

Rest boosts impact, sustainability investments

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
... more sustainable future. As at June 30, Rest has approximately 1.5 million members who will become eligible for the Age Pension in 2050 or later. "We believe decarbonisation will continue to influence the global economy and society for many decades to ...