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Showing 41 - 50 of 2336 results for "Fair"

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... impacted by the time they retire. CA ANZ Superannuation and Financial Services leader Tony Negline commented that it's not fair to shift the goal posts on super. "These changes will unfairly impact on people who are in or approaching retirement who followed ...

New chair named for Future Generation Global

CHLOE WALKER  |  MONDAY, 27 NOV 2023
Former Business Council of Australia leader Jennifer Westacott has been named the new chair of Future Generation Global (FGG). Westacott brings significant experience to the role, having worked as the chief executive of the Business Council of Australia ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
... the most significant dip in financial literacy is seen in women under 30, with a third ranking their skills and ability as fair or poor. NAB said 31% of women aged 18 to 29 were included in this cohort, and worryingly the result was "significantly higher" ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
Mercer Financial Advice will pay $12 million after the Federal Court found it failed to meet some disclosure obligations and charged almost $5 million in fees to clients when it was not entitled to do so. Mercer admitted that, between July 2016 and ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... because we are here to help when consumers and firms can't resolve disputes on their own. We work to contribute to a fair and efficient financial services sector." Locke said the organisation hopes its work with firms will lead to significant in-house ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Treasurer Jim Chalmers has tabled a new bill in Parliament to legislate an objective of superannuation, aimed at securing a dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... of 2009. Speaking to Financial Standard, Mousina said the noticeable increase resulted from a tight labour market and the Fair Work Commission's decision to uplift the minimum award wage significantly. "The unemployment rate has remained around a ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... on the best interests of members in the superannuation sector is part of our continuing work to make the financial system fair for all Australians." ASIC detailing its intensified enforcement efforts follows closely on the heels of action taken against ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... predominantly funded by the sale of most of PAC's interests in PAC affiliates to GQG for cash consideration at a premium to their fair market value as published in Pacific Current's FY23 results," PAC said. Consequently, River Capital would acquire PAC's ...