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Showing 3821 - 3830 of 18115 results for "superannuation"

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... Ombudsman Bruce Billson said. The Financial Planning Association of Australia said it welcomes a number of changes to superannuation and aged care outlined in the budget. "The FPA supports a commitment by the Government to reduce the number of regulators ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Superannuation funds welcomed the budget's move to dump the $450 threshold, but called out a lack of measures to close the super gap. Last night's budget included five key decisions on superannuation. These were abolishing the $450 per month ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... 67-years-old and 74-years-old will no longer be subject to meeting a work test before making or receiving non-concessional superannuation contributions or salary sacrificed contributions. Individuals in this age range will be able to access the non-concessional ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... women's economic security, the government has confirmed it will not proceed with plans to extend the early release of superannuation to family and domestic violence survivors. Scrapping the plan will decrease receipts by $110 million over the forward ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... after many years of lobbying, the threshold that requires workers to earn a minimum of $450 a month to be paid the superannuation guarantee has been axed. It's expected to improve the financial situation of around 200,000 women. It's a move that ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... will be able to exit their existing product and transfer capital and reserves into an accumulation product with a superannuation fund. Individuals can then decide whether they want to stay in that super fund, take a lump sum benefit or move to a new ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... encourage more infrastructure investment among institutional investors notwithstanding concerns raised by government superannuation commentators on super funds that hold excessive unlisted assets. According to APRA, super funds in Australia hold $115 ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
After the shock of the Early Release of Superannuation scheme's COVID-19 amendment, the superannuation sector can breathe a sigh of relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
The longstanding requirement for workers to earn more than $450 a month to be entitled to the superannuation guarantee has been scrapped. In a move that would benefit more than 200,000 women, the need for Aussies to earn more than $450 a month in order ...