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Showing 331 - 340 of 516 results for "Your Super"

Industry fund members targeted

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... breach. The fund wrote to members: "These salespeople are employing aggressive sales tactics to encourage you to roll your super from TWUSUPER to another super fund - often without giving you enough time to properly think things through." It advised ...

ATO issue SMSF scam warning

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... reminding consumers that SMSF schemes promising to allow you to withdraw super early can be illegal. "You can only access your super early under circumstances that mainly relate to specific medical conditions or severe financial hardship," the ATO said. ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... your retirement savings. The heat maps don't reflect that," Loane said. "The heat map doesn't tell you how your super has performed over your lifetime, it can't tell you whether your fund invests in accordance with your ethical and philosophical ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
The Financial Services Council has praised the government for introducing amendments to superannuation laws. The introduction to parliament of amendments to superannuation laws to allow workers in new enterprise agreements to choose their own superannuation ...

AMP transfers 25% of accounts to ATO

ELIZA BAVIN  |  MONDAY, 25 NOV 2019
... expressed his concern for the $800 million that has been transferred to AUSfund since the implementation of the Protecting Your Super laws, saying the funds are at risk of being further eroded by fees. However, Industry Super Australia deputy chief executive ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... year. KPMG's analysis does not yet take into account the impact of the government's now-implemented Protecting Your Super legislation, which it said was likely to put more "downward pressure" on sales in the coming years. KPMG partner and head ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... the annual fee has increased from 0.15% to 0.30%. Instrust said the increased fee comes as a result of the Protecting Your Super legislation. "Our weekly administration fee will, however, remain unchanged," Instrust said.

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... protection premiums have also risen, going up by 4.2%. First Super said the changes are the result of the Protecting Your Super legislation and claims experience. At the same time, the $3.1 billion fund has introduced a new rule on how many Transition ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
Rest, the $57 billion industry fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July ...

Wealth income halved, Hartzer skips $1.6m bonus

HARRISON WORLEY  |  MONDAY, 4 NOV 2019
... insurance income was down $39 million compared to 2018, due to the implementation of the government's Protecting Your Super suite of regulatory changes. Hartzer said the changes in Westpac's wealth arm - including exiting financial planning and ...