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Showing 11 - 20 of 877 results for %22Max Super%22

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... proposed new tax and anticipate some critical questions they will be fielding from clients. When it comes to income earned in super, Heffron said "we are still better [off] in super even with Division 296." But in terms of capital growth, what members ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... were expected and alongside the Stage 3 tax cuts mean that some may have additional disposable income to contribute more to super. Burgess told the SMSFA National Conference that the proposed 30% taxation on $3 million super balances could become law ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
... look at the ideas of potentially aiming for a retirement roadmap that aims to have half of a person's wealth outside of super, and half inside, and having a fairly balanced approach to that," she said. "Looking at how the members are looking to generate ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
Aware Super will execute an executive reorganisation, adding an expanded chief operating officer role. Ex-HESTA chief financial officer Sally Collins will become the new chief operating officer of Aware Super, starting April 15. Incumbent chief operating ...

Unlicensed crypto investor faces jail time

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
A Queensland man has been charged with nine offences and is facing imprisonment for running a financial services business without a licence. The charges were filed after an investigation by ASIC, which discovered that Aryn Hala had made promises to ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... onto greenwashing, which she said remains a key focus for ASIC in 2024, Court said With proceedings underway against Mercer Super and Active Super, trustees will be aware that we will use every lever legislation affords us to eliminate this practice ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... Traditional Owners Funds Management since 2018. Lorraine Berends, who is a director and investment committee chair at Qantas Super, received top honours for her work in the finance and business sectors. She holds numerous independent non-executive director ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
Despite positive investment market performance, Australians' retirement confidence is weakening, according to a State Street Global Advisors survey. Contrary to expectations, State Street's Global Retirement Reality report found that factors like inflation ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... piece for The Australian, Bragg proposed broadening the Takeovers Panel's mandate to include the requirement for mega super funds to consider the interests of individual investors in major transactions. He noted that the Panel already has authority ...