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Showing 3191 - 3200 of 18113 results for "superannuation"

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Hostplus introduced a new trustee fee, after receiving Supreme Court approval to apply the fee to create emergency reserves. The amount will vary based on members' balances, but a Hostplus member with $50,000 in savings can expect to be charged an extra ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... budgets are under threat by the rise of everyday living expenses, according to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates that couples aged around ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... digitalisation of money, and payment options. Older students will learn about navigating the workplace, earning, tax, superannuation and building towards financial independence. The program is provided at no cost to schools or parents or carers. Ecstra ...

CFS appoints new general manager

ELIZABETH FRY  |  THURSDAY, 10 FEB 2022
... has appointed a new general manager to lead its digital and design team. Natalie Gheller joins the $154 billion superannuation and wealth giant from Telstra where she has spent the last nine years in various senior leadership roles across digital operations ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... SMSFr8 was created in response to its observation that the SMSF sector could grow in response to changes to the Superannuation Industry (Supervision) Act (SIS Act) in July 2021. Under the changes, SMSFs can now have up to six trustees instead of the ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
The House Economics Committee is going to examine the rainy day funds created by superannuation funds following recent amendments made to the Superannuation Industry (Supervision) Act 1993. The hearing, scheduled for February 10, is part of the committee's ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

LGIA upgrades anti-money laundering tech

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... and reporting to AUSTRAC. LGIA merged with Energy Super last year and is due to complete a merger with Suncorp's superannuation business later this year, which will take the fund to $30 billion in member savings. "Amidst a major expansion of our business ...

Super funds failing on animal protection

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
Most superannuation funds overlook the importance of preventing animal cruelty, a global welfare organisation finds. After analysing 200 super funds, World Animal Protection found that 90% do not have a policy that prevents them from investing in animal ...