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Showing 331 - 340 of 2020 results for "Legislation"

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... protection claimants who access these services would return to work where they otherwise wouldn't have. Super and health legislation currently prevents insurers from providing medical treatment to rehabilitate members and financial payments must be for ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... the age pension." The release further noted the government's commitment to enshrine the objective of super in legislation will protect the retirement of future generations.

A mixed year for super: KPMG

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... member contributions and 8% rise in employer contributions. Looking forward, KPMG said the Your Future, Your Super legislation - in particular stapling and the annual performance test, will keep pressure on a segment of the sector. Legislative requirements ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... expected to contribute the highest future emissions from their coal, oil, and gas reserves. This bill follows previous legislation passed in 2015 that saw the funds forced to divest thermal coal holdings "because dying industries do not qualify as financially ...

Super funds to reach $1tn by 2040: KPMG

ANDREW MCKEAN  |  FRIDAY, 27 MAY 2022
... Of note, over 2020/2021, the number of APRA-regulated entities fell from 154 to 144 funds. Your Future, Your Super legislation paired with the annual performance test will continue to put pressure on a segment of the sector which will result in further ...

Just 14.8% of hedge fund leaders are female: Report

CASSANDRA BALDINI  |  THURSDAY, 26 MAY 2022
... breadth of options available. Female leaders who didn't focus on diversification across markets cited different trading legislation as a significant barrier, with 60% of women and only 42% of men listing it as an issue. Fewer women were likely to consider ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... 12% as legislated. The Prime Minister has said he "stands by" the currently legislated 12% increase and, as per the legislation, the rate will increase in annual 0.5% increments until 2025. The announcement reinforces the Coalition commitment made in ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... existential threat to trustees' financial resilience existed. However, whereas once class actions were rare under prior legislation as fund assets were preserved, now a pool of available capital in the trustee risks litigation funders chasing actions. ...

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... members. "His experience in a wide range of business matters, including as a chair and director, system policy design, legislation, governance, regulation and compliance, IT and administration, taxation, investment, audit, and HR will be invaluable," ...

AvSuper, Commonwealth Super Corporation explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 4 MAY 2022
... merger is the right fit and in the best interests of members. The merger requires government approval and passage of legislation, with the government having approved the signing of the MoU prior to the federal election being called, the funds said. CSC ...