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| | | ... independent advice which would tell them to switch to a better fund." He also slammed the recommendation that super trustees be free to decide how they charge for the advice. "Super is not a sector known for its self-control when it comes to fees. Australians ... |
| | | | Australia's $1.6 trillion wholesale funds market has experienced negative growth, contracting 2.6% in annual terms. According to Rainmaker Information's latest Wholesale Advantage report, wholesale funds have had three consecutive quarters of negative ... |
| | | | ... their interest in the fund, the final report reads. This would include transition-to-retirement advice. Trustees would be free to decide how to charge their members for that advice, and restrictions on collective charging of fees should be removed, it ... |
| | | | ... rate and introduce an additional annual payment equal to 15% of SG contributions for those who earn below the effective tax-free threshold," HESTA said. HESTA explained the second recommended change is so that those individuals who earn up to the effective ... |
| | | | Implementing an artificial intelligence solution has saved Insignia Financial tens of thousands of working hours, it says. The financial services company rolled out its first digital worker called Optimus in 2019 and has since steadily increased its ... |
| | | | Australian companies will continue to suffer at the hands of the skill shortage crisis in 2023, with 70% of employers stating the lack of talent will cost them. According to research conducted by specialised recruiter Robert Half, the recent 3.5% unemployment ... |
| | | | ... ING Superannuation. It also provides trustee services to the Tidswell Master Superannuation Plan, which is home to Cruelty Free Super, mobiSuper, Spaceship and Student Super, and OneSuper, whose sub-plans include Allan Gray Super and Superhero Super. ... |
| | | | ... weighed up carefully, Howard warned. Howard added that the ability to make up $300,000 in downsizer contributions to super tax-free can boost retirement savings significantly. However, as part of retirement planning, clients who are receiving an Age ... |
| | | | Three quarters of Australian employers intend to maintain or increase permanent headcount in 2023, and almost two-thirds plan to do the same with contract positions, new research shows. Conducted online in November 2022, the Robert Half study surveyed ... |
| | | | ... announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer of superannuation product Cruelty Free Super. Cruelty Free Super is a sub-fund of the Tidswell Master Superannuation Plan. The regulator said it was concerned that ... |
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