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Showing 4561 - 4570 of 18119 results for "superannuation"

Future Super ramps up direct equities

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Ethical superannuation fund Future Super has increased its exposure to direct equities while staying true to its investment strategy. The fund has traditionally had almost all of its Australian equities exposure through the BetaShares Australian Sustainability ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle. Speaking at the FINSIA Future of Super webinar ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... confirmed changes to age limits on super contributions for SMSFs. The ATO the changes have been made as part of its Superannuation - improving flexibility for older Australians measure. Changes, which were effective 1 July 2020, include making voluntary ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
Fees across all super fund types dropped to record lows last financial year, according to a recent study conducted by Rainmaker. The key finding of a review of 2720 products offered by 169 super funds, super fees came in at a total of $29.6 billion ...

HESTA awards three-year mandate

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... competitive tender process. Link Group has been reappointed to provide the $53 billion super fund with retirement and superannuation solutions. The mandate is for an initial three years with the option for HESTA to extend the terms for a further two ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... clients during this pandemic, including processing approximately 120,000 applications for the early release of superannuation," he said. De Ferrari said operating earnings were impacted by lower investment related revenue due to weaker investment markets ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
The $52 billion industry fund is closing some of its investment options and merging others in a move that will see some fees change. HESTA has informed members that investment options across both super and income streams will be changed from October ...

IOOF, LUCRF Super on ERS workload

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
IOOF and LUCRF Super have revealed that the government's early release of super program was one of the most challenging elements of the COVID-19 pandemic to adapt to. IOOF head of fund statutory reporting Paul Tsironis said that ERS resulted in a huge ...

AIST veteran tenders resignation

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
An Australian Institute of Superannuation Trustees executive has announced her departure after more than 15 years with the organisation. Maryann Mannix-White, who had most recently served as AIST's chief membership officer, has tendered her resignation ...