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Showing 401 - 410 of 4776 results for "Super funds"

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... which show there's currently $17.8 billion in lost and unclaimed superannuation contributions sitting with the ATO and super funds. Of those, $471 million is owed to people aged over 65. Lost super is held by super funds where the member is either uncontactable ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... 8% will come from rental income, 7% from equity release from the family home, and 3% other sources. Guiamatsia said super funds have the opportunity to take a more active role in equipping pre-retirees with the knowledge they need to be better prepared ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Seventeen of Australia's superannuation and pension funds now rank in the top 300 worldwide by assets, including one new entrant. However, it's not all good news for the government funds that made the cut. That's according to the latest ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... retirement, but said it shouldn't be on super trustees to solve the issue by using super for housing. "We are asking super funds to do too much to solve all the challenges that are out there. In my view, prudential standards have multiplied expectations ...

MetLife Australia launches new online insurance platform

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
MetLife Australia has launched a new online insurance platform to provide more ease for its super funds' members to access their life insurance. The life insurance company said Manage My Insurance will allow its super fund's members to access ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... clients concerning the true nature of their investments. In some instances, he took money from their self-managed super funds (SMSFs) without their knowledge or consent. He advised his clients their money was in the Australian Diversified Sector Investment ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... billion. IFM was created in the 1980s following a trade union campaign pushing for compulsory superannuation and industry super funds wanting to establish an institutional investment manager. Garry Weaven was inaugural chair of IFM until his retirement ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... are also CFMEU officers. The industry fund, while supportive of the prudential regulator's role in overseeing super funds, contended that concerns raised in the recent licence conditions imposed on the fund have already been the subject of "extensive ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... expect Cbus to adopt the findings of this review," he said. "However, an outstanding weakness in the regulation of super funds is that boards get to 'mark their own homework', only needing to self-assess whether a director is a 'fit and proper' ...