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Showing 3181 - 3190 of 18113 results for "superannuation"

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
A new report from the Self-Managed Superannuation Fund Association (SMSFA) and the University of Adelaide has found the Australian Taxation Office is increasingly underestimating the performance of SMSFs. The SMSFA and the University of Adelaide's International ...

AustralianSuper to grow external mandates, hires

JAMIE WILLIAMSON  |  TUESDAY, 15 FEB 2022
The nation's largest superannuation fund plans to appoint more external managers, including looking to hand out its first mandates for Japanese and Indian markets specialists. It has also hired from Frontier and VFMC as it grows the team responsible ...

Rest awards responsible investment mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
The $70 billion industry fund, Rest, has awarded an investment mandate for its ethical investment option. The fund awarded an enhanced ESG mandate to Parametric and Calvert. The mandate is designed to provide further diversification to Rest's Sustainable ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... gifts, or financial information. The scammer might ask for the victim to take out a loan, take money out of their superannuation, give them access to their super or access to a bank account. Another variation of the love scams Scamwatch has identified ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... respect for property rights, the freedom to contract and the right to confidential advice." The Australian Council of Superannuation Investors (ACSI) is another of the four impacted organisations. It is owned by the super fund members it advises, which ...

Co-founder departs Future Super

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
One of the co-founders of environmentally friendly superannuation fund Future Super has departed after eight years. Adam Verwey, who founded Future Super with Simon Sheikh in 2014, has left the fund. "Adam is taking time out to take a break and travel ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... worthwhile getting some clarity in that space to ensure that that doesn't happen." Amendments to Section 56 of the Superannuation Industry (Supervision) Act 1996 were made as part of the government's response to the Royal Commission with the ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later years under the new RIC legislation ...