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

Search Results

Showing 171 - 180 of 20723 results for %22FS Super%22

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... been encouraged to submit responses to the draft regulations before 26 April 2024. The bill imposes a tax rate of 15% for super earnings corresponding to the percentage of an individual's super balance that exceeds $3 million for an income year. The ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
Innovations in artificial intelligence (AI) are quickly expanding, posing a challenge to policymakers attempting to regulate the area. According to Kevin Hebner, managing director, global investment strategist with Epoch Investment Partners, those charged ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
AustralianSuper and life insurer TAL have joined forces to create a new 'income for life' retirement option. The engagement extends a longstanding partnership between TAL and AustralianSuper to now support members' financial choices in retirement. ...

Perpetual, Pendal combine multi-asset capabilities

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... capacity for the next six months to support the new team, Perpetual said. Blayney joined Pendal in August 2017 from First State Super where he served as head of investment strategy. He's also previously worked at Perpetual, including as head of diversified ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... decision we make is to benefit you. The partnership with Kochie represents an investment in your financial future," Brighter Super said. "Kochie's expertise in breaking down complex financial information into understandable advice means you'll ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... throughout their first term of government, and now they want women to wait until after the next federal election to get super paid on it." Previously, minister for finance, women, and the public service Katy Gallagher explained that the delay was due ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
The latest round of the internal dispute resolution (IDR) reporting regime saw 87% of small financial firms submit their data to ASIC. The deadline for the third round of reporting, which forced a total of 8600 financial services firms to submit data ...

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
Uncertain market conditions in 2023 spurred a rebound in the number of self-managed super funds (SMSFs) seeking financial advice. According to new research from AUSIEX, new SMSF account openings were driven by advised clients as the number of self-directed ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
Iress will sell its UK mortgages business to Bain Capital for $164.3 million before costs. The financial software firm said the sale is a big step in its ongoing transformation strategy to sell-off non-core assets. The net proceeds from the sale will ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... total number of superannuation funds in Australia will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and that ...