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Showing 11 - 20 of 20576 results for %22NZ Super%22

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... savings. In Melbourne, prospective house buyers are similarly unable to raise the deposit for a house by accessing all their super. Conversely, a young Sydney couple with the median amount of superannuation would be more than $150,000 short for the deposit ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
An Islamic financial services provider has launched an Islamic self-managed super fund (SMSF) solution for members of the Australian Muslim community who want to invest in property for their retirement in a way that is compatible with their faith. Meezan ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... the option. ART has 19 investment options for accumulation accounts. Its accumulation MySuper default option is called the Super Savings Lifecycle Investment strategy. AvSuper corporate accumulation members, which are charged the same admin costs, will ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... 12 mega-funds are expected to emerge in the coming years. A similar prediction was made by Mercer in its recent Shaping Super report. "These funds will increase their foreign investments due to their size and the relative size of global opportunities ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
Australian Retirement Trust has welcomed a former Treasury official and former APRA deputy chair to its board. Martin Parkinson and Helen Rowell will sign up as non executive directors of Australia's second-largest asset owner early next month. ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... expected to remain the largest pre-retirement sector, with the stapling measures favouring them under the Your Future, Your Super package. Retail funds will also grow, but at a slower rate reflecting the gradual remediation of issues raised by the Hayne ...

Super SA names chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... highly respected public sector executive leader and brings experience in managing a broad and complex portfolio to the role," Super SA said. He commenced in the role on March 4, taking over from Patrick McAvaney who was serving in an acting capacity. ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... investors the ability to trade CFDs. In October 2023, a class action was filed against BT Funds Management as trustee of BT Super, while IG Markets was the target of two class actions filed in May 2023. Overall, the number of class actions filed in 2023 ...

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
The Australian Securities and Investments Commission (ASIC) has permanently banned Queensland-based financial adviser Shane Rose. Rose has been banned from providing any financial services, performing any function involved in the carrying on of a financial ...