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Showing 4271 - 4280 of 18115 results for "superannuation"

Underinsurance gap worsens: Research

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... said. While there had been a significant increase in the amount of insurance cover provided to the community though superannuation funds over the last 10 years, Rice Warner said, the current landscape has led to the underinsurance gap widening since ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... 60% of these on the maximum rate. For most households aged 65 and over the family home is their main asset with superannuation making up a small share of their net wealth. But retirees who are renting require additional assistance. Many stakeholders ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... Australians will retire with 12% to 18% thinner final balances if the government sticks with its plan to increase superannuation guarantee from current 9.5% to the planned 12%, the report says. Its modelling found lower-income earners would be harder ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... the World Bank in 2008. The review noted that currently Australia has three pillars: the Age Pension, compulsory superannuation and voluntary savings. Additionally, many have pointed to household capital and home ownership as an important fourth pillar ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... increased over the past 30 years with most of the increase being attributed to growth in the value of housing and superannuation. The review noted superannuation asset values, as a percentage of household disposable income, have more than tripled over ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... Josh Frydenberg presented "evidence-based, independent" findings of the Retirement Income Review with Minister for Superannuation, Financials Services and Financial Technology Jane Hume, that will form the foundations of future policies. The review went ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... during the October 4 federal budget which the government used to announce radical performance benchmarking for superannuation funds. The Treasury is now gearing to release the report tomorrow, with a heads up on the exact timing expected tonight. Key ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... executive (management) and non-executive (governance) roles. The senior executive leaders (such as for insurance, superannuation or managed funds) reported into the commissioners. This left them drained of "bandwidth". "The Panel believes that a dual ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process ...

Super fund reappoints insurer

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
A $54 billion industry fund has reappointed its insurer following a review that found it provided affordable and quality insurance. Cbus has renewed its agreement with TAL for five years from 1 July 2021 to provide insurance to its 774,000 members. ...