Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3921 - 3930 of 18115 results for "superannuation"

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... budget $60 billion per year with the majority benefiting men. The four tax concessions consist of negative gearing, superannuation tax concessions, capital gain tax discount and franking credits and, of the annual spend, $42 billion of the benefit goes ...

Instos seek unique alternatives

KARREN VERGARA  |  TUESDAY, 6 APR 2021
... specialised, off-market alternatives opportunities, while others seek new strategic partnerships for co-investment. One superannuation fund chief investment officer said: "We like to be a first mover... It works often, but not all the time. Once you ...

Increase to super contribution cap

ELIZABETH MCARTHUR  |  TUESDAY, 6 APR 2021
Just before the Easter long weekend the Australian Tax Office confirmed an increase to superannuation contribution caps. From 1 July 2021, the annual concessional contribution cap will increase from $25,000 to $27,500. "Australians will be able to put ...

Mercer names chief financial officer

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... officer, joining from Deloitte. Mercer also recently made three appointments to the boards of its investments and superannuation businesses, including the former head of investments at MLC Asset Management and a former chair of the Association of Superannuation ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Tasplan and MTAA Super's $23 billion merged fund, Spirit Super, has reduced the weekly administration fees for members by 13.4%. Effective today, the administration fees are reducing from $1.50 per week to $1.30 per week. The merged fund has also ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... 0.55%, UK's Nest charged 0.51% while Sweden AP National Funds charged 0.15%. On the brighter side, nearly 164 superannuation products (choice as well as MySuper) available in Australia lowered their fees in the six months ending January 2021. A much ...

Rice Warner acquired by Deloitte

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Actuarial firm Rice Warner has been acquired by Deloitte. Rice Warner's chief executive Andrew Boal, head of superannuation Stephen Freeborn, and executive general manager of insurance Jennifer Baxter will become Deloitte consulting partners. Michael ...

Super runs out before death: ASFA

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research claims that the majority of Australians deplete their superannuation savings before death, countering the Retirement Income Review's findings. The Association of Superannuation Funds of Australia (ASFA) claims that most retirees run out ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... model that many financial advisers now use may mean that unaligned financial advisers are less conflicted than superannuation funds when they provide financial advice. This may encourage a more competitive retirement product market," the report said. ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
How much financial advisers can expect to sell a book of investment and superannuation clients for has decreased over the last two years, according to a new valuation report. Radar Results has released its March 2021 price guide, highlighting a downward ...