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Showing 2521 - 2530 of 18113 results for "superannuation"

Adviser exits spur innovation: Report

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... mentions that digital advice providers are focused on pitching to corporate customers like larger licensees and superannuation funds. The report notes a rapid increase in advice planning software providers for Australian financial advisers, including ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
The court case against Mercer Superannuation for allegations of greenwashing is "just one of the investigations on foot", ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing ...

Blue Orbit operations chief resigns

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
... veteran already holds two such roles. Last year, he started a new position as an independent Director at Netwealth Superannuation Services. He is also on the trustee board of Qualitas. The fund's chief executive Adam Randall called Lewis a great ...

Stafford Capital adds superannuation lead

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
Stafford Capital Partners has appointed Stephen Milburn-Pyle, former head of the Australia Post Superannuation Scheme to its credit investment committee. Milburn-Pyle joined Australia Post in 2005 to manage the investment strategy and was promoted to ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
If the government's $3 million superannuation cap is not indexed, it will adversely impact around 500,000 individuals who are currently saving for retirement or have already retired. Financial Services Council (FSC) analysis of ATO data found a ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
The cost to pay superannuation contributions on Commonwealth Paid Parental Leave (PPL) has been estimated to be about $200 million per year. The government's objective of superannuation and the accompanying discussion paper that fails to mention ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... watch Australians get attacked," Dutton said. "I think the uncertainty that they're [Labor] creating around superannuation is completely unacceptable." Dutton also noted that the $3 million superannuation cap wasn't indexed, inferring that potentially ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... fund assets reported double-digit growth to reach $1.1 trillion compared to the prior corresponding year. Retail superannuation assets declined by 7% to $659 billion, while public sector funds experienced the largest drop of 24% to finish 2022 at $484.1 ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
The government will double the concessional tax rate for superannuation balances over $3 million, affecting 80,000 people or 0.5% of super accounts. Commencing 2025/26, superannuation earnings in the accumulation phase that exceed $3 million will face ...