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Showing 301 - 310 of 4017 results for "Means"

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... these legacy products have broadly equivalent commutation restrictions," the explanatory statement reads. "In practice, this means that the only way to voluntarily exit these products, prior to death or expiry of term, is conversion to another legacy ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... super is a game-changer," Association of Superannuation Funds of Australia chief executive Mary Delahunty said. "This reform means workers will see their super build in real-time, alongside their wages. It will mean less lost super and better investment ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... financial crime. "As the Minister for Cyber Security, Tony Burke noted... the rapid pace of development of risk in this area means public and private partnerships will be necessary to meet and beat cyber threats," Delahunty said. "As the peak body for ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... their paid work. Because menopause and menstruation are still largely taboo subjects, the lack of understanding and stigma means that workers suffer menopausal symptoms largely in silence. "The very great shame is that menopause often hits workers at ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... service providers. While those already in aged care won't have to, new entrants to the system will be assessed under a new means-testing formula. This was a key recommendation in the Aged Care Taskforce's final report, which said the amount paid ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... they don't have a lot of capital, they don't have shareholders - there are some exceptions but largely they don't - so that means that everything we ask a trustee to do exposes the members of their fund to the risk of having to satisfy a liability," ...

Financial Standard nominated for Publication of the Year

STAFF WRITER  |  WEDNESDAY, 28 AUG 2024
... landscape," Activam Group said. The Financial Standard team is delighted with the acknowledgment and would love your support. "It means a great deal to the team and I to be recognised in this way. Each day we strive to bring our readers something different ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... to the Pension Funds Amendment Bill. Further, it "can create the incentive for fund members to terminate employment as a means of gaining access to those funds," it said. Hence, the primary objective of the two pot system provides flexibility for those ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... increased as the financial system has grown in scale and complexity. The interconnected nature of our digital environment means shocks travel across countries and industries much faster, and we need to ensure APRA is set up to react swiftly and effectively ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... relied upon to do that. "So, responsibility for controlling inflation should remain with the RBA and that unfortunately means the burden remains on mortgage holders." According to Finder's latest RBA Cash Rate Survey, around one in four economists expect ...