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Showing 4021 - 4030 of 18115 results for "superannuation"

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
A $10 billion industry fund is reviewing salary and superannuation benefit payments within its defined benefit fund that were potentially paid incorrectly. Statewide Super's Salarylink, a defined benefit fund for local government workers, is investigating ...

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
Aware Super is exploring the possibility of merging with a 63-year-old industry superannuation fund. Aware Super has signed a Memorandum of Understanding with the Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... after being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme. The Australian Securities and Investments Commission (ASIC) alleges that Saad, while working as an authorised representative ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
Members of a $6.7 billion industry superannuation fund will soon see their group insurance premiums rise. LUCRF Super has informed members the cost of death and total and permanent disability, and death only cover as provided by OnePath will go up on ...

NEOS shakes up leadership team

KARREN VERGARA  |  MONDAY, 1 MAR 2021
... division. Separately, the NEOS Super Plan was transferred into OneSuper (formerly Smartsave Member's Choice Superannuation Plan) by way of a successor fund transfer on 1 January 2021. The plan's trustee Tidswell Financial Services wrote to members ...

Shock statistics on gender gap on boards

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... women and in 2020 women comprised 45.5% of new appointments to ASX 200 boards. The research also found that median superannuation balances for women at retirement are 21.6% lower than those for men.

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... lower incomes than prior to the pandemic the financial actions they took have assisted, including drawing on their superannuation. "A significant number of households have also taken various financial actions. For instance, some have increased or dipped ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... delivered an impassioned speech during the Senate debate on the passing of the Treasury Laws Amendment (Reuniting More Superannuation) Bill 2020. First Rennick compared the super industry to "1930s Chicago gangland gangster wars", before saying that ...

Possible delay for SG rise: Hume

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
The government has hinted heavily that the legislated increase to the superannuation guarantee will be delayed as Australians need more capital throughout their working life. Speaking at the Council on the Ageing (COTA) Australia's National Policy ...

Aware Super rejigs MySuper option

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
The $140 billion superannuation fund is changing its MySuper lifecycle option from two stages to 11. About 85% of Aware Super's accumulation members are in the MySuper lifecycle option. It was one of the first superannuation funds to move its default ...