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Showing 21 - 30 of 891 results for %22Superannuation Guarantee%22

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... demand for guaranteed income." Hamilton explained there is a significant opportunity for the business to support superannuation funds to help meet their members' needs in retirement. "We're making great progress in ensuring it's easier for customers ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... the 2023-24 Budget, the government announced that from 1 July 2026, employers will be mandated to pay Superannuation Guarantee (SG) contributions alongside salary and wages payments. The consultation paper said that aligning superannuation payments with ...

Allianz Retire+ welcomes head of technical services

CHLOE WALKER  |  MONDAY, 9 OCT 2023
... her to the team." Just last week, Allianz Retire+ unveiled its Group Retirement Solutions capability, enabling superannuation funds to scale and deliver tailored retirement income solutions. The retirement solutions provider said its new capability addresses ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
Allianz Retire+ has unveiled its Group Retirement Solutions capability, enabling superannuation funds to scale and deliver tailored retirement income solutions. The retirement solutions provider said its new capability addresses guaranteed income innovations ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... and Treasury, the Commonwealth Banks Act 1959 was amended to allow for the continuation of the Commonwealth Government Guarantee for defined benefit members under ART. The Commonwealth Government Guarantee applies to those who were CBA Group Super members ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
Citi is closing its staff superannuation fund and ceasing all defined benefit funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... historically high consumer price inflation drives up the price of everyday items, driving both the Association of Superannuation Funds Australia (ASFA) and Super Consumers Australia (SCA) to increase their retirement standards. According to ASFA, the ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... 260,000 of its members will benefit from the recent removal of the $450 monthly income threshold for Superannuation Guarantee (SG) contributions, effective July 2022. Most of the members benefiting from the policy change are existing members who've now ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... provider of longevity protection with decades of experience, Challenger via the Solutions Group is well placed to help superannuation funds simplify their business and de-risk their defined benefit liabilities. There are opportunities to support them ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... alleging "misleading conduct and misrepresentations to the market relating to claims it was an ethical and responsible superannuation fund." "Active Super represented on their website that they eliminated investments that posed too great a risk to the ...