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Showing 21 - 30 of 984 results for %22Super Guarantee%22

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
Commonwealth Superannuation Corporation (CSC) has joined forces with Challenger to launch the next stage of its retirement income strategy in early 2024. The longevity solution was developed by CSC under its RIS program to help meet its customer's ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... million in unpaid superannuation entitlements to funds and individuals, while also raising over $1.3 billion in super guarantee charge liabilities through compliance actions in the 2022-23 financial year. During the year, the ATO completed around 14,000 ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... for the transfer balance cap and lead to adverse outcomes for some members." Jones affirmed that the government would guarantee that members already receiving an income stream will continue to do so without inadvertently affecting their transfer balance ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
TelstraSuper is now offering guaranteed income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... relevant breach must only impact one person or relates to a financial product, credit product, consumer lease, mortgage or guarantee or is proposed to be held jointly by more than one person. Secondly, the breach must not result in or be likely to result ...

Payday super a seismic change for the industry: ART

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
Following the release of the payday super consultation paper last week, Australian Retirement Trust (ART) head of employer, platforms and partnerships Mat Gilroy says industry players will need to focus on digital integration moving forward. Speaking ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... of managed portfolios. Also from next month, HUB24 will reduce percentage-based tiered administration fees in its HUB24 Super and HUB24 Invest products. "Whilst a small number of clients may benefit from this adjustment, the change in administration ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... Further, institutional sales grew by 10% to $1.8 billion, primarily driven by its recent $619 million mandate with Aware Super. Challenger reaffirmed its FY24 normalised net profit before tax guidance range of between $555 million and $605 million. "Challenger ...

The ugly truth: Unattractive fund managers are investment darlings

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
According to a study by Shanghai Jiao Tong University, having a face only a mother could love pays off in funds management, as unattractive fundies outperform their good-looking peers. In the first economics study to employ a deep learning model to ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... consultation paper also seeks feedback on how employee onboarding and their choice of fund could be improved under payday super. In the 2023-24 Budget, the government announced that from 1 July 2026, employers will be mandated to pay Superannuation Guarantee ...