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Showing 431 - 440 of 3238 results for "Employee"

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
Australian Retirement Trust is reducing fees across a range of its investment options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1 ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
From 1 July 2026 employers will be required to pay their employees' super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. Unpaid super has ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... advisers - this is what it was intended for." However, this particular recommendation will not and should not apply to an employee of a superannuation fund, insurer or bank, she insisted. "What does make sense is to require them to do what their customers ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
The recent collapses of local financial advice startups Creativemass and TIQK indicate that the freewheeling days of venture capital funding is drawing to an end. Creativemass, a financial services software provider used by the likes of AMP and Bombora ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
Local bond and derivatives trading platform Yieldbroker, which is 43% owned by the ASX, is in talks with a US counterpart over a potential sale. New York-based Tradeweb Markets is in advanced discussions to by Yieldbroker under an all-cash deal valued ...

PensionDanmark chief executive to retire

CHLOE WALKER  |  FRIDAY, 21 APR 2023
Torben Möger Pedersen, the pension fund's first employee and chief executive, will step down from the role after more than 30 years. Pedersen joined PensionDanmark when the organisation was established in 1992. Beforehand, he served as chief executive ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
Former property investment spruiker Anthony Keith Silver has been sentenced to eight years and six months imprisonment for a $1.8 million fraud. Silver was previously shadow director of Capital Growth International Club and All About Property Developments ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
Australians are firm believers in the superannuation system, with 80% of fund members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... emphasised the need for improved stapling administration, revealing that stapling protections are being bypassed through employee onboarding processes, resulting in people being pulled out of quality funds and placed in high-fee, poor-performing options ...