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Showing 2941 - 2950 of 6136 results for "Australians"

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
A Financial Services Council panel discussion today considered the possibility of superannuation funds taking a greater role in building Australia's infrastructure. Asked how the financial services industry was shaping up in the current economic ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
Indigenous Australians are being let down by financial institutions' failure to provide access to basic banking services and recognise different cultural attitudes towards money, a new report from the First Nations Foundation reveals. Of the 620 ...

Liberal win stuns, ASX rallies: Poll

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... Government's win on May 18 was unexpected. Australia equity strategy portfolio manager at T. Rowe Price Randal Jenneke said Australians voted for growth and jobs over a radical policy agenda offered by the Labor Party. "This message came loud and ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... suggests millennials would be better off with a home in retirement than with a super balance. The paper argues that Australians can be comfortable in retirement without a super balance, saying the median super balance in retirement is currently zero. ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
The finance services Royal Commission had minimal impact on industry fund inflows as reflected in APRA's latest superannuation statistics. The prudential regulator's March 2019 figures show retail super funds ($623.4bn) grew by 5.8% over the ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
The corporate regulator has named the superannuation fund its employees will now be defaulted into. From July 1, new employees of ASIC who do not nominate a superannuation fund will be defaulted into AustralianSuper. From that time, ASIC will employ ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... continue to strongly advocate for policies that "improve the fairness and sustainability of superannuation for all Australians, which includes a commitment to raising the Superannuation Guarantee to 12% as scheduled."

Industry fund appoints board director

KANIKA SOOD  |  MONDAY, 27 MAY 2019
... trained accountant. "Robyn has been centrally involved in creating a thriving business employing many hundreds of Australians. We look forward to her strong contribution at a trustee director level with First Super and welcome the further renewal of ...

Industry pledges Uluru statement support

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
Twenty-one financial institutions have come together to sign an open letter pledging their support for the Uluru Statement from the Heart, which calls for an established First Nations voice in the constitution. The signing was prompted by the second ...