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Showing 461 - 470 of 5619 results for "CALL"

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
Super Members Council chief executive Misha Schubert has defended the selection requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... poorly treated," Anderson said. "Getting to the bottom of this will only happen through a public inquiry. We are continuing to call for a public inquiry, and we ask for your support to achieve that."

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
Australian Securities and Investments Commission (ASIC) commissioner Simone Constant did not hold back when addressing superannuation trustees at an industry event yesterday. Constant said the regulator expects much more from super funds in being transparent ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... the RBA can begin its rate cuts, which are expected to occur in 2025. On the flip side, CBA has remained steadfast in its call that the RBA will deliver a rate cut in November this year. CBA head of Australians economics Gareth Aird noted that the RBA ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... gains in superannuation earnings would add complexity, increase costs, and create unintended consequences. The amendments call on the government to adopt a simpler method, such as using a deemed rate of return to reduce uncertainty and mitigate these ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

FAAA calls on advisers: 'We ask for your support'

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... objections," Anderson said. "Getting to the bottom of this will only happen through a public inquiry. We are continuing to call for a public inquiry, and we ask for your support to achieve that."

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
The Association of Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
The superannuation sector's biggest bodies are calling on the government to introduce legal reforms that would prevent family violence abusers from being able to access their victims' super. Existing laws permit abusers to claim an abuse victim's ...