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Showing 5941 - 5950 of 18124 results for "superannuation"

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...

Consumers don't understand fee disclosure: ISA

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
Proposed changes to superannuation fee disclosures are still too confusing for consumers, warns Industry Super Australia. Industry Super Australia (ISA) has provided input on the proposed changes to Regulatory Guide 97, saying the proposals don't go ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... notice period, along with accrued leave entitlements. During the Royal Commission, it was revealed IOOF left some superannuation members in expensive legacy products despite board members recognising conflicts of interests existed. In December last year ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... $7.1 billion surplus - Australia's first in 12 years. Industry Super Australia said the changes to voluntary superannuation contributions for those who have retired (or are on the cusp of doing so) were welcome and "generous," but criticised the ...

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
Northern Trust thinks the $2.8 trillion superannuation industry will increasingly outsource its trading functions and it wants a slice of the business. As Aussie super funds bring investments in-house and face greater demands for accountability from ...

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
The value of financial advice provided via not-for-profit superannuation funds should not be tainted as a result of discussions about dismantling vertical integration. This is according to Industry Fund Services chief executive Cath Bowtell, who said ...

Cost of living fears rise: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... own financial wellbeing, whether they are in a relationship, or are single." Women, on average, retire with less superannuation which is generally attributed to time out of the workforce to care for family. Mitchell says this is compounded by the gender ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... and luxury car taxes. Weighed against these minor revenue items, the Budget Papers meanwhile report the cost of superannuation subsidies will hit $39 billion in 2019-20 before climbing 6.4% pa over the following three years to reach $47 billion. The ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... Morrison Government, tax as a share of the economy will not rise above the 23.9 per cent cap," he said. Turning to superannuation, as announced yesterday, Australians aged 65 or 66 years who don't meet the work test will now be able to make voluntary ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Your Super Package has been delayed but flagged it will pass into law before the end of 2019. A new law to enable superannuation fund members with a balance less than $6000 and new members aged under 25 to opt-in to default insurance has been pushed ...