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Showing 271 - 280 of 4424 results for "Poor"

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... changes, trustees should consider from a members' perspective what communication members will receive and when," Press said. Poor member communication was highlighted as an area of improvement in the recently released Your Future, Your Super review ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... up underwriting future inheritances," the report reads. "Under this change, older Australians who are asset-rich, but cash-poor would not need to sell their homes if they didn't want to. They could draw down against the equity in their home, via the ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... be done to ensure members can't be stapled to untested or underperforming funds, and that suggested changes to the letter poor performers must send to members are good but still place the onus on members to make a change. "As recommended by the Productivity ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... the default sorting of products based on fees, which can unintentionally increase the ranking of products with relatively poor investment performance that have temporarily lowered fees. "The performance test will be extended to trustee-directed products ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... was no longer in the public interest to continue with the prosecution given new and compelling medical evidence about the poor state of Anderson's health. Anderson, who was also the chief financial officer of Octaviar, was discharged by the judge. In ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... balances could afford to pay the additional tax, she points out many small business owners and farmers are asset-rich but cash-poor.

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Investors will likely benefit from considering newer levers to evolve their portfolios, including more defensive strategies while being selective, and look to Future Fund for inspiration. In an address on Tuesday, VanEck's head of investments and capital ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... super and who arguably could afford to pay the additional tax. But many small businesspeople and farmers are asset-rich, cash-poor, where their business has been their whole life," she said. "They have simply relied upon and trusted the super system ...