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Showing 211 - 220 of 5991 results for "Age"

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
The amount being taken from superannuation accounts to pay for dental and IVF treatments increased significantly in the year to June 30. Fresh data released by the Australian Taxation Office (ATO) today shows another spike in Aussies applying for early ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
The $7.4 billion industry super fund has consolidated its accumulation products into one as part of a multi-year simplification strategy. BUSSQ has historically had two accumulation phase products for members in BUSSQ MySuper and Premium Choice. The ...

Family trusts safe from reform for now: Mulino

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
Minister for financial services Daniel Mulino has said the government is not currently looking at reforming the tax treatment of family trusts. Appearing on Sky News this morning to discuss this week's changes to Division 296, Mulino was asked whether ...

Superannuation system quality stagnates: Report

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... focusing on retirement income as the primary purpose of superannuation and moderating the assets test on the means-tested Age Pension to increase the net replacement rate for average-income earners. Raising the level of household savings and reducing ...

Australian Ethical aligns Christian Super members' cover

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... announced. From 1 December 2025 automatic default death and total and permanent disablement (TPD) cover will move to a new age-based scale. In addition, default cover will increase from three units to four units, however the value of cover per unit will ...

Classic 60/40 approach underdelivers for women retirees

JAMIE WILLIAMSON  |  TUESDAY, 14 OCT 2025
... retirement. Monash assumed a median balance of $213,986 for men and $201,233 for women. In the scenario, both retired in 2022 at age 67 and live to age 92. They are homeowners, single and are eligible for the Age Pension - their only other income is ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
ASIC has reported an increase of 50% in investigations and an almost 20% rise in new civil enforcement proceedings in the financial year 2025. In its report for the full year, ASIC highlighted a ramp up in its enforcement activity and work to address ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

Aussie family office chiefs earn up to US$625k

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
About two in five Australian family offices are run by chief executives who are a member of the family and can earn up to US$625,000, according to a new KPMG study. Some 43% of chief executives running family offices are aged over 50 and commonly come ...