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Showing 211 - 220 of 3204 results for "Scheme"

Super on paid parental leave to reduce gender gap: ASFA

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
... contributions on PPL will increase a woman's retirement savings by $7200 for 24 weeks of leave, rising to $7800 when the scheme is extended to 26 weeks. The research also showed that, for a woman who earns the median wage (around $75,000), taking ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... compensation order upheld by the Australian Financial Complaints Authority in May. This led to a payout from the Compensation Scheme of Last Resort. Brite Advisors entered court-ordered liquidation in February last year after the regulator discovered ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... in single asset strategies sitting on platforms. Meanwhile, public sector funds such as the Public Sector Superannuation Scheme and CSS Fund boast the largest median account balances of $542,245 and $531,839 respectively. The Military Superannuation ...

Betashares gearing up to expand Wealth Builder product suite

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
Betashares has registered a new managed investment scheme, which possibly signals the expansion of its Wealth Builder geared ETF product suite, launched in April last year. The Betashares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... third of all withdrawals from super will be via bequest. So, it's really turned into a taxpayer subsidised inheritance scheme." Grattan deputy program director of housing and economic security Joey Moloney added that the Albanese government's proposed ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... employees and ONG monthly employees who are part of the corporate super plan. Also from July 1, Australia Post Superannuation Scheme members will see changes to premiums for death, total & permanent disability (TPD) and income protection rates. The change ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund. Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading ...

Pacific workers face barriers to claiming super: University

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... the process for Pacific and Timor-Leste workers that come to Australia under the Pacific Australia Labour Mobility (PALM) scheme to access unclaimed superannuation once their visa expires, according to the University of South Australia (Uni SA). Uni ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
... Association, the FAAA expressed concerns that failure to "pay AFCA determinations and the resultant impact on the Compensation Scheme of Last Resort (CSLR) is a particularly important issue for our organisations and our members." "Financial advisers ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... units in the schemes in September 2023. ASIC said its application to the Federal Court seeks to preserve the assets of the scheme and obtain a clearer picture of the financial position of Australian Fiduciaries and its schemes while ASIC continues its ...