Search Results | Showing 221 - 230 of 4036 results for "Savings" |
| | | ... around still requires ongoing effort. This was accompanied by a broad restructure, delivering over $2 million in annual savings, largely from executive costs, third-party service reductions, and IT renegotiations," he said. Such savings were reinvested ... |
| | | | ... the investment management and does not set the strategic asset allocation. MySuper holds the lion's share of member savings with $1.2 trillion. Non-platform TDPs have $432 billion and platform TDPs have nearly $20 billion, while non-platform EDPs ... |
| | | | ... temptation of illegal early access schemes. The consequences can include additional tax, penalties, loss of retirement savings and disqualification as an SMSF trustee which goes on the public record," she said. In the 2021-22 financial year, the ATO ... |
| | | | ... next 12 months, ASIC will put more pressure on superannuation trustees to be more accountable for Australians' retirement savings. "In late 2024 and early 2025, ASIC initiated court proceedings against two super funds over their claims handling practices. ... |
| | | | The Australian Taxation Office (ATO) has warned of an increase in "dodgy advice" about accessing superannuation savings for non-critical medical procedures, like cosmetic dental work. The number of people accessing their super under the guise of medical ... |
| | | | ... flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield over 2023 and 2024 through its fund. ASIC deputy chair Sarah Court said ASIC was acting against Equity Trustees ... |
| | | | ... said. "Or the repair could be systematic: a dual-income system that brings consistency to how we treat different types of savings." For his part, Treasurer Jim Chalmers said the Roundtable wrapped up with a "very welcome" conversation and debate around ... |
| | | | ... They also tend to add no value to consumers, erode super balances due to exorbitant fees, and jeopardise people's life savings. SCA is urging the federal government to prohibit unfair trading practices economy-wide, including for financial services ... |
| | | | ... Much of this was due to operating expenses dropping after the Rhombus Advisory separation, though the group said these savings were offset by increases in salaries and adviser incentives over the period. It said a focus on efficiency in the delivery ... |
| | | | ... was optimistic about the future, he flagged heightened regulation is still a concern for the industry. "As Australian savings grow, the complexity of regulations also increases, driving greater demand for our services. This growth brings new compliance ... |
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