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

Search Results

Showing 21 - 30 of 284 results for %22Retirement Framework%22

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... timely compliance actions to recover unpaid SG. It's estimated around 8.9 million Australians will benefit higher retirement savings from receiving the SG contributions earlier and more frequently. For example, by switching to payday super, a 25-year-old ...

Australian Retirement Trust hires Tim Unger

ELIZABETH FRY  |  FRIDAY, 8 SEP 2023
Australian Retirement Trust has added former Willis Towers Watson sustainable investments lead Tim Unger to its team. Unger has been appointed as senior portfolio manager within the sustainable investments team. The appointment follows ART's recent ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... test, including 96 Choice products and one MySuper offering. Collectively, the failed options hold about $4 billion in retirement savings on behalf of about 60,000 members. SCA director Xavier O'Halloran said it's clear that "something has gone wrong ...

The evolution of governance structures

CASSANDRA BALDINI  |  WEDNESDAY, 30 AUG 2023
... has heard. In a panel discussion at the Australian Institute of Superannuation Trustees ASI Conference, Australian Retirement Trust head of investment strategy Andrew Fisher, Cbus investment committee member Rosemary Kelly and AustralianSuper director ...

State Super partners with analytics firm

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... over 100 years ago, and today we remain focused on ensuring we have the best systems in place to manage our members' retirement savings in the safest, most efficient way possible," he said. State Super is the trustee of the State Authorities Superannuation ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
Treasury is expected to launch consultation focused on retirement spending and income configurations, to address concerns regarding the role of super funds in helping members transition to retirement. It follows the release of the 2023 Intergenerational ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... assumptions that his proposed changes, based on the Quality of Review recommendations, will strictly apply to those wanting retirement advice. "If all I wanted to do was fiddle around with or clarify the definition of intra-fund advice, we would have ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... implementation of the Quality of Advice Review's recommendations would see retirees spending $25 billion extra in retirement by 2060, raising standards of living in retirement and reducing the cost of an aging population to the government," he said. ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... framework for managed investment schemes. A boon for super funds Superannuation funds will be given more leeway to provide retirement advice and information to their members, as accepted in principle as part of Recommendation 6. Levy said trustees should ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... said. "Super is for everyone, and we need to ensure that all workers benefit fairly and equitably from our world-class retirement savings system," she said. As part of its proposal, HESTA made three recommendations aimed at addressing the challenges ...