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Showing 251 - 260 of 2247 results for "Council"

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... particularly lower income earners can experience a dignified retirement," she added. Earlier this week, Super Members Council (SMC) called on all Senators to pass the bill swiftly. The SMC said the bill would serve as a "guiding light for future policy ...

Story Wealth co-founder joins Kearney

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... of Securitor Wealth for more than 18 years. She has held board roles at Securitor Financial Group's National Advisory Council, Deakin University Department of Accounting, and the Future2 Foundation. Graham featured in Financial Standard 's Power50 in ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... non-platform sector has $366.2 billion in assets under management (AUM) held by 3.9 million member accounts. Financial Services Council (FSC) chief executive Blake Briggs also said that platform investment options included in the test are misclassified ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... powers to manage financial market infrastructure risks, addressing a regulatory gap and implementing recommendations of the Council of Financial Regulators - a coordinating body that comprises APRA, ASIC, Treasury, and the Reserve Bank of Australia (RBA). ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
Super Members Council chief executive Misha Schubert has defended the selection requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... trustees to account for delivering the best financial outcomes for members". In its submission, the Financial Services Council (FSC) wrote that while the test has promoted market consolidation, reduced fees, and ultimately delivered better outcomes for ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
A new report commissioned by the Council of Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State ...

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... not only failed to achieve their objectives, but have hurt US businesses and consumers along the way," according to the Council of Foreign Relations. Morningstar analyst Jon Mills said potentially more US import tariffs on goods from China will likely ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
... indirectly contributed to a victim's death. The Association of Superannuation Funds of Australia (ASFA), Super Members Council (SMC), and Women in Super have appealed to assistant treasurer Stephen Jones and other "key ministers" to reform superannuation ...