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Showing 331 - 340 of 2248 results for "Council"

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... the potential adverse consequences of introducing these changes without indexation. Pertinently, the Financial Services Council (FSC) estimates that up to half a million young Australians could be impacted by the time they retire. CA ANZ Superannuation ...

New chair named for Future Generation Global

CHLOE WALKER  |  MONDAY, 27 NOV 2023
Former Business Council of Australia leader Jennifer Westacott has been named the new chair of Future Generation Global (FGG). Westacott brings significant experience to the role, having worked as the chief executive of the Business Council of Australia ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... use of genetic testing results to continue to be governed by the Life Insurance Code of Practice, now overseen by the Council of Australian Life Insurers (CALI), and the Disability Discrimination Act 1992. If there were government intervention, the consultation ...

Private equity, venture capital outperform listed assets: Research

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
Over the past decade, private equity (PE) and venture capital (VC) in Australia have yielded an 18% return on investment compared to 9% for the ASX 100 and 8% for the ASX Small Ordinaries Index in the last decade. According to the Australian Investment ...

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
The Super Members Council of Australia (SMC), the new advocacy body representing profit-to-member super funds, has appointed Misha Schubert as its inaugural chief executive. Schubert will move to SMC following a tenure as chief executive at Science ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
New research commissioned by the Financial Services Council (FSC) highlights the case for a mechanism to support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... advice, they would prioritise implementing the recommendations of the Levy Review, in full," he said. Financial Services Council chief executive Blake Briggs said the first tranche of legislation is "modest" but contains an "important package of reforms ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

abrdn's Brett Jollie lands new gig

ELIZABETH FRY  |  MONDAY, 23 OCT 2023
... Investments - mostly in senior wealth, funds and business management roles. He also sat on the board of the Financial Services Council for six years. On departing abrdn in July, Jollie said he planned to garner a portfolio of super fund, asset manager ...