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| | | From 1 July 2026 employers will be required to pay their employees' super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. Unpaid super has ... |
| | | | ... the customer. "I am left scratching my head about why anyone is worried about replacing the best interests duty, which very few people understand, with a good advice duty for institutions that provide financial advice to their customers. This will improve ... |
| | | | ... director, Simon has led ClearView to become one of Australia's leading life insurance companies," it said. "Over the last few years, he has successfully guided the business through a period of enormous disruption, and regulatory and structural change. ... |
| | | | ... facing startups in the advice tech sector are no different to what is happening broadly in the technology sector over the last few months. "Valuations have really been compressed and the appetite for venture capital in all sectors has been heavily reduced," ... |
| | | | ... sense," he said. "Even a 60-year-old who is retiring immediately may only be drawing on 5-20% of their capital in the first few years of retirement. The rest will be invested for over a decade, so missing out on the extra long-term returns from putting ... |
| | | | ... JBWere chief investment officer Sally Auld pointed out that Silicon Valley Bank had a highly concentrated deposit base, with few retail investors and numerous business deposits originating from the same industry (technology) and region (US West Coast). ... |
| | | | ... motives. "If I were a retailer, I'd have a vested interest that the factories I work with have union membership." However, few retailers encourage freedom of association, part of a pattern of corporate behaviour that active investors can influence ... |
| | | | ... materially draw down on their savings," it said. However, the RBA noted some households were already having to do so and only "a few" households with mortgages were at risk of having negative equity in their homes. Two other pieces of information accumulated ... |
| | | | ... various parties about the content of the report, which contains 51 recommendations, before it is released sometime in the next few weeks. Already conferring with RBA governor Philip Lowe, he will call upon his colleagues, the Opposition and the crossbench ... |
| | | | ... superannuation business, which was acquired in April 2022. The group is forecasting to manage $60 billion in assets over the next few years. Brighter Super won Money magazine's Best of the Best Award in 2023 for Best-value MySuper product. The group ... |
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