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Showing 41 - 50 of 83 results for "Part 7.7 A"

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
AMP and Australia's big four banks have responded to the Royal Commission's interim report on misconduct in the financial services sector. The report, released on Friday, was scathing in its review of Australia's major players in financial services. ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
In his statement to the Royal Commission, ASIC deputy chair Peter Kell argued financial advice is not yet a profession. Kell told Special Counsel Assisting Rowena Orr that while there are professionals in the industry, "we do not view the industry as ...

SMSFs grappling with super changes

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
Six months after the superannuation changes were put in place, self-managed superannuation fund members (SMSF) are still struggling with the complexities of the reforms, the head of the SMSF Association says. Chief executive John Maroney said SMSF members ...

An industry fund vision for retirement comfort

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
A $9.2 billion industry fund is using behavioural economics to fight the Federal Government's inaction on increasing the superannuation guarantee. Vision Super has trialled a program called 'Save more for later' to help employees of Mount Alexander ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
The SMSF Association is voicing its concerns over changes to the assets test rules for the Age Pension, that is discouraging retirement savings and has other "detrimental" behavioural effects one year on. SMSF Association chief executive John Maroney ...

India looking good in Trump's world

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
The prospect of increased foreign investment places India in a strong position to profit from economic reforms expected throughout 2017, according to an Indian investment specialist. Specialist India-focused investment house India Avenue Investment ...

Industry super fund becomes public offer

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
... members to join their fund can do so. "We want to make it easier for anyone associated with the real estate sector to become part a fund with a long industry provenance, personalised service, low fees and strong returns." The move comes on top of recent ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
A group representing public sector retirees is waiting on the federal government to release figures about Australians affected by the new 10% cap on defined benefit income that is excluded from the pension income test. The Australian Council of Public ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test. In June last year the federal parliament introduced a 10% cap on defined ...

Women own less than 40% of super assets: ASFA

DARREN SNYDER  |  TUESDAY, 8 DEC 2015
The share of superannuation assets held by women has plateaued over the past four years according to Australian Bureau of Statistics (ABS) data exclusively compiled for the Association of Superannuation Funds of Australia (ASFA). Women now hold 36.4% ...