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Showing 4711 - 4720 of 18119 results for "superannuation"

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... yet again suffering from the share market rollercoaster." The results of the survey demonstrate Australia's superannuation system is not working as intended, he argued. "COVID-19's impact has exposed shortcomings in retirement product design ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
The Australian Taxation Office (ATO) has cracked down on those misusing the Early Release of Superannuation scheme in a move that has been welcomed by the Industry Super Australia (ISA). The ATO said it is beefing up enforcement efforts saying it is ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... consider ERS's impact on women's retirement outcomes. About 91,000 HESTA members have withdrawn from their superannuation savings under the Federal Government's early release scheme - the sixth highest among all funds by amount. Just over ...

Super funds keep eye on Rio Tinto review

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally ...

FIIG calls for taxation, regulatory overhaul

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... address the imbalance in treatment of different asset classes. It calls for tax exemptions on bonds in a self-managed superannuation portfolio up to an allocation of 40% of the portfolio. It said this will have a little impact on forward estimates of ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... exploiting vulnerable people, causing them substantial long-term financial detriment through the loss of savings and superannuation used for binary options trading", and slammed Ida and Senese for their involvement in the scheme. As part of her ruling ...

Volatility wreaks havoc with heat map measures

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... deviation was a "considerably better" predictor of a fund's outcome in the March quarter than its growth ratio. "Superannuation fund members who have been monitoring the heat map rankings of their fund, especially following the recent volatility, might ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... team, and strengthened balance sheet, we will be a responsible and trusted partner and service provider. Across superannuation and asset management, higher standards of governance and conduct are required of all those charged with stewardship of financial ...

AIST celebrates Trustee of the Year

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
Former president of the Australian Institute of Superannuation Trustees and director of two industry super funds, David Smith, has been posthumously awarded the award for Trustee of the Year. The AIST honoured Smith at its annual general meeting yesterday ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
The industry super fund that is home to several superannuation startups has notified members it will be transferring all accounts to another master trust. LESF Super will be merged into Smartsave 'Member's Choice' Superannuation, with the ...