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Showing 5011 - 5020 of 18119 results for "superannuation"

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
The government's $10,000 early release from superannuation allowance is higher than historic withdrawals, but a better option than freezing the superannuation guarantee. Prime Minister Scott Morrison yesterday announced Australians will be able ...

SMSFs expected to outperform: Research

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... investment options have fallen 10-15% as a result of the current market conditions." SMSFs reached a peak of 33% of all superannuation funds under management (FUM) in 2012, though this has since dropped to 26%, which is around $750 billion. "A higher ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
A $16.5 billion industry superannuation fund is set to take over Perpetual's MySuper offering in a successor fund transfer. On or around May 1 members of Perpetual MySuper will transfer to CareSuper. According to Rainmaker data, the transfer will ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
The asset consultant's internal economic modelling is predicting a potentially "very large" recession for Australia this year, as COVID-19 rolls on. Frontier Advisors used the RBA's MARTIN, a new macroeconomic model the central bank built in ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... it dealt with the fallout of the Global Financial Crisis in 2008 to reduce the minimum annual payment amount for superannuation income streams. De Gori pointed out the government's decision ensured Australians in retirement could choose to preserve ...

Super fund calls social media companies to action

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
NZ Super has called on social media companies to do more to strengthen controls, one year on from the horrific Christchurch terror attack. Following the attack, more than one hundred global investors representing approximately US$7.5 trillion of assets-under-management ...

Call for pause on default insurance changes

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
A prominent law firm is calling for upcoming changes to default insurance within superannuation to be postponed, as the COVID-19 pandemic increases the chance Australians will need to rely on the cover automatically provided by their super fund. Slater ...

ClearView rated stable

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... HUB24, rather than operate a fully-outsourced CV-issued platform. As part of the deal, ClearView's primary superannuation life insurance portfolio will be transferred to the HUB24 Super Fund, though the portfolio will continue to be administered ...

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... committed to releasing an updated portion of its controversial MySuper heat map in June to reflect the actions of superannuation trustees over the seven months since its initial release. The prudential regulator is set to release an updated version of ...