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Showing 381 - 390 of 4776 results for "Super funds"

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... Superannuation Funds of Australia (ASFA) also wants to see the reforms passed swiftly, with the legislation to also benefit super funds. ASFA chief executive Mary Delahunty said the move will be a "revolutionary step" for Australians to ultimately achieve ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
The number of mandates awarded by not-for-profit (NFP) super funds and investment managers has spiralled into freefall, according to the latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the ...

Betashares expands Wealth Builder suite

JAMIE WILLIAMSON  |  THURSDAY, 17 OCT 2024
... the increased risk of gearing and can be used in combination with dollar cost averaging. It also said self-managed super funds that have reached the concessional contribution cap might like to use GNDQ to increase their exposure to US stocks. The management ...

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... members should be empowered to make the right decisions for their circumstances, with the support and advice of their super funds," Delahunty said. The report also provided other suggestions as to how Australia can increase its rating, including the ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... superannuation fund is charging them multiple fees, with one third having never reviewed or compared fees across funds. Most super funds apply multiple charges to account holders, including administration fees, investment fees, transaction fees, insurance ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... start our relationships showing the immediate value of advice, helping our clients make small changes like shifting super funds or increasing monthly savings so they grow their wealth quickly. Then when we build and update their full financial plans ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... segment after MySuper. Not for profit (NFP) funds' FUM increased by 9.1%, while small funds, predominantly self-managed super funds, saw growth of 7.5% Superannuation FUM increased 8.9% through the year to reach $3.8 trillion, in line with the growth ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... saying it reflects the length of time the contraventions continued for and that it would act as a deterrent to other super funds. "The penalties that we say are appropriate, $27 million, we say do have that necessary sting or burden for general deterrence ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... the inclusion of a tax on unrealised gains is going to be very problematic especially for those with self-managed super funds. "The call for indexation, which I turned into a proposed amendment that was voted down by the government, was backed by AustralianSuper ...

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches superannuation death benefits in hopes to reduce disputes and misunderstandings when processing such complaints. This follows on from another consultation ...