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| | | IFM Investors is urging Australia's industry super funds to invest in housing, saying it is a "win-win" for super fund members and the nation's housing supply issues. In a new blueprint report, IFM said proposed policy settings could help create as ... |
| | | | ... super balances. Household deposits rose 3.7% ($61.5 billion) in the September quarter, which reflected a higher household saving ratio. Additionally, growth in gross disposable income, driven by an increase in income received by households and the introduction ... |
| | | | ... weight of escalating spending and Australia's economic challenges," Lee said. "While the government deserves credit for saving most of the 'unexpected' revenue that flowed into federal coffers during the post-pandemic period, the realities of the budget's ... |
| | | | AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ... |
| | | | ... participants. Three quarters believe they need to save more for retirement. One-in-two Australians contributing to their super said saving enough money for retirement was a major financial concern. On the bright side, confidence was higher among retirees ... |
| | | | ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ... |
| | | | Unlisted property fund manager ISPT has integrated into fellow industry superannuation-owned business IFM Investors, with its chief executive, Chris Chapple, to take on a new leadership role. The two businesses, following a Scheme of Arrangement, came ... |
| | | | Super Members Council (SMC) has set out its key policy priorities in 2025 to further strengthen the superannuation system. The advocacy group, which represents over 11 million people, has called for no changes to the superannuation system's fundamental ... |
| | | | Insignia Financial has tapped SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. The initial agreement sees SS&C providing technology ... |
| | | | A discussion paper commissioned by the Actuaries Institute has proposed a three-pronged tax reform package aimed at making the superannuation system less complex, more equitable, and sustainable. The professional body argued that the complexity of taxes ... |
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