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Showing 31 - 40 of 88 results for %22New Home Guarantee%22

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... said the acquisition would take it to over $53 billion of assets under trusteeship and supervision. Grow Super is one of the new funds that used Diversa Trustees as its trustee. As of April end last year, Sargon had the biggest slice of the new-age superannuation ...

Regulation costly, time consuming: CSIRO

ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
... can lead to risk-aversion and dampen innovation," the CSIRO said. "The Rules as Code approach has the potential to support new technology solutions that could reduce the cost and complexity for individuals and businesses in understanding, navigating ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... superannuation voluntary for those earning less than $50,000 per annum. Lashing the super industry in his first speech to the Senate, new Liberal Senator for New South Wales Andrew Bragg said compulsory super had "made the unions, banks and insurers ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Lifting the Superannuation Guarantee will make middle-income earners poorer over their entire lifetime, new Grattan Institute research shows. Raising the SG from 9.5% to 12% would see a 30-year-old worker fork out $30,000 over their lifetime, Grattan ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
New research analysing Australian Bureau of Statistics microdata shows that more Australians are retiring owing money on their mortgage. The portion of homeowners between ages 55 and 64 that owe money on mortgages has tripled since 1990 - from 14% to ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... SMSF and a related party, an associate to the fund. The Labor party have also indicated that they plan to effectively ban all new limited recourse borrowing arrangements in SMSFs if they are elected.

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... Benefit and Child Support Benefit. Finally, as of 28 August 2018, a two-year premium rate guarantee will be applied to all new policies. However, this will not be in relation to standard increases or customer-initiated changes. Separately, BT Financial ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
The chair of a $42 billion government superannuation fund and a former RBA Governor are joining the advisory board of New South Wales' new sovereign wealth fund. The state has also appointed its first chief economist. State Super chair Nicholas ...

Govt reforms can tackle super gender gap: ASFA

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
... Government to take action on a worrying statistic that 80% of women won't have enough money upon retirement. ASFA is using its new white paper, Women's Economic Security in Retirement, to push for urgent structural policy reforms needed on the growing ...

SelectingSuper winners crowned

EMMA RAPAPORT  |  THURSDAY, 16 NOV 2017
... Dunnin reflected on what has been a busy year for the superannuation industry, from the introduction of RG97 to the entry of new players in the market. He also congratulated the industry on the 25-year anniversary of the superannuation guarantee. "There ...