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Showing 5901 - 5910 of 18124 results for "superannuation"

Superannuation gender gap hits women early

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... rates are high for women but salaries are lower, she said. "This has a significant long-term impact on women's superannuation balances from which they cannot recover. More worryingly, the study found encouraging women to save more is ineffective. ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
Older Australians are feeling the pressure of a retirement system geared towards superannuation, according to National Seniors Australia. The report, launched in conjunction with Challenger, shows over a quarter of retirees who claim they can't tolerate ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... email address. The project also touts significant data innovation which could have widespread use across insurance, superannuation, ecommerce, payroll and securities as well as in banking. McKinnon told Financial Standard : "The New Payments Platform ...

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... showed Forster was recommending insurance with unaffordable premiums. The premiums were paid out of his clients' superannuation contributions but sometimes were significantly more than the contributions - leading to a potential erosion of superannuation ...

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... 2029, industry funds will have more than $2 trillion in assets and will topple the SMSF sector's foothold of the superannuation asset pool as early as FY20. Retail funds meanwhile will continue to lag in terms of growth. KPMG said mergers and consolidation ...

Super fund restructures leadership

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
An industry superannuation fund managing more than $70 billion has added three C-suite management positions. The move also sees the departure of two executive managers. UniSuper has made several changes to its executive leadership team, including the ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
Grattan Institute has renewed calls to scrap the Superannuation Guarantee increase as its updated projections show most Australian workers will only cop - at worst - an 11% fall in their income after retiring. The think tank updated its retirement income ...

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... minority of participants said they appreciated infrastructure receiving a $100 billon boost (18%), the voluntary superannuation contribution changes (12%), and APRA and ASIC (8%) being given more funding. Federal Treasurer Josh Frydenberg delivered the ...

APRA to up the ante

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
... change. Namely, that APRA seeks the government's consideration of legislative amendments to close gaps in its superannuation enforcement powers and remedy the adequacy of penalties. The review also recommended that the Government remove barriers ...

Industry fund strengthens board

ELIZABETH MCARTHUR  |  TUESDAY, 16 APR 2019
The former chief investment officer of IOOF has joined the board of a $2.2 billion industry superannuation fund. Stephen Merlicek has joined the board of AvSuper as an independent director. Merlicek was chief investment officer at IOOF for eight years ...