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Showing 441 - 450 of 1045 results for "Productivity"

Retirement income review welcomed: Poll

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
... with the proposed move. "I am positively disposed to a review of the retirement income system as recommended by the Productivity Commission," Frydenberg told the AFR. He also pointed to the backlog of superannuation reforms that remain outstanding from ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... super balance, saying the median super balance in retirement is currently zero. For this statistic, he cites a 2015 Productivity Commission report. "It is far harder to be comfortable if you do not own your home, suggesting that in terms of retirement ...

Financial tech firm refocuses strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... competing demands at a price acceptable to the market is to integrate technology into advice processes to improve adviser productivity." It did acknowledge that in the short term the implications of the Royal Commission have presented challenges for ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... Australia Financial Review he will launch a review of retirement incomes, as well as enact the recommendations from the Productivity Commission's review into the efficiency and competitiveness of superannuation. "I am positively disposed to a review ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... leverage her experience inside AustralianSuper as the Government looks to implement its ongoing responses to the Productivity Commission and Royal Commission. "I'm not making announcements today, but our response to the Productivity Commission will ...

Members ignorant about super fund differences: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... (31%); and Emphasise the importance of their account balance is increasing over paying attention to returns. The Productivity Commission found that while most members were in funds that delivered good investment returns, millions of members were in funds ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... they won't be in members' interest because they have marginal impact on sequencing risk. However, as the Productivity Commission said, by the nature of seeking to de-risk early, they can have quite a significant impact on final balance of members," ...

Frontier highlights best in show list weaknesses

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
New research from Frontier Advisors highlights the misplaced focus and potential pitfalls of the Productivity Commission's proposed 'best in show' list. Given the strong imperative for the superannuation sector to consolidate, the white ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
... million reduction in impairment charge. Hartzer said the group is on track to deliver its target of $400 million in productivity savings over the full year, of which $146 million were delivered over this half. The bank cut 788 full-time employees in ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... funds have a primary duty to ensure the fund provides benefits to its members on their retirement," he adds. The Productivity Commission urged the regulators to do more to facilitate mergers between underperforming or subscale funds following its three-year ...