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Showing 11 - 20 of 267 results for "Super Savings"

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
... reimbursing 3000 of its members who were impacted by the collapse of Shield. Macquarie oversaw about $321 million of the super savings invested in Shield. Minister for financial services Daniel Mulino said Macquarie's action will enable affected customers ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... Standard understands payments started going out this morning. In all, Macquarie oversaw about $321 million of the super savings invested into Shield. This amount has been locked up since February 2024. "Macquarie's decision to devote resources to ...

Australian investment in venture capital lags: SMC

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... overseas to commercialise. Increasing Australia's investment in private equity from the current level of 6% to 10% of super savings could see $50 billion flow to startups and other innovative private companies and boost returns. SMC chief executive Misha ...

HESTA calls for reforms to help women in retirement

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... Leave, which HESTA said helped address the fact that Australian mums have missed out on well over $3 billion in super savings at retirement. While welcoming the early impact of the reforms, Blakey said there were more opportunities to make Australia's ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... Australia is set to take on a major mandate from Australian Retirement Trust (ART) to provide insurance for its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate for Super ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... including shuttering one. The Tiffany & Co. Superannuation Plan has closed as of June 20 with members transferred to a Super Savings Accumulation account with ART. As a result, the structure of insurance, its costs and terms and conditions have changed ...

Middle Australia on track for 'comfortable retirement': ASFA

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... the SG rate will rise from 11.5% to 12%, which, according to ASFA, is expected to bolster a median wage earner's super savings by an estimated $20,000 over their lifetime. "With the super guarantee increase to 12%, we are seeing super fulfill its objective ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... viability of the superannuation tax, which will potentially see a 15% increase in taxes applied to the proportion of super savings exceeding the $3 million threshold. Canavan argued that the taxing of unrealised gains is incredibly unfair, and people ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... average performance of the option over the past 10 years was better than it was." The information was provided via the Super Savings Product Dashboard on the fund's website. As a result, the fund was handed an infringement notice to the tune of $18,780. ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... sense. It's a direct investment in their financial security, setting them up for the long term by boosting their super savings." Under the current settings, an apprentice earning $27,778 per year would reach their maximum LISTO entitlement early ...