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

Search Results

Showing 2021 - 2030 of 18113 results for "superannuation"

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... "Today is a milestone for Future Group as we continue to grow and scale... This makes us one of the top 15 largest superannuation groups by number of members served," Future Group chief executive Simon Sheikh said. "As Future Group continues to grow ...

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
APRA deputy chair Margaret Cole has sounded the alarm on gaps in superannuation trustees' plans to assist the "tidal wave of fund members" heading toward retirement. At the Australian Financial Review's Super and Wealth Summit today, Cole outlined ...

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... dumped a further two - transferring one and terminating the other. Earlier this year, WTW transferred the Oracle Superannuation Plan to Australian Retirement Trust. This was soon followed by the decision to terminate the Heidelberg Australia Superannuation ...

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... members, Retirement Lifestyle Planner estimates how much income they can earn at retirement and projects their superannuation balance. It calculates the impact of investment changes and lump sum withdrawals, or extra contributions made, and if a member ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
... decades away from retirement. They're also more pessimistic about their future compared to the average Australian superannuation member. Rest chief executive Vicki Doyle said the research paints a "sobering picture" of its young members' experiences ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
A new class action led by victims of Melissa Caddick alleges that auditors of their self-managed superannuation funds failed their jobs to detect fraudulent activities. Twenty-four victims, together with the help of Melbourne-based law firm Mackay Chapman ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... caters to self-invested personal pension providers, qualifying recognised overseas pension schemes, and self-managed superannuation funds. According to court documents, Justice Banks-Smith ordered that Brite be restrained from removing property from ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation system, ensuring that members aren't adversely impacted as a result of a merger or successor fund transfer. "Under current ...

Super member loyalty on the rise: Data

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2023
Loyalty among superannuation fund members is at a three-year high, with just 18% now intending to take their retirement savings elsewhere. That's according to the latest CSBA FEAL Superannuation CX Benchmarking report, which surveyed more than 7200 ...