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Search ResultsShowing 41 - 50 of 100+ results for "Super"
Underinsurance gap worsens: Research
KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... well as unforeseen circumstances have contributed to more Australians being underinsured. This includes the Insurance in Super Voluntary Code of Practice, Life Insurance Framework reforms, Protecting Your Super (PYS)/ Putting Members' Interests First ...
Cbus appoints new technology chief
ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The $54 billion industry fund has appointed a new chief information technology officer, joining the fund from Latitude Financial. Mirella Robinson has joined the fund, replacing Rob Pickering who Financial Standard reported departed the fund in September. ...
New approach needed for Age Pension: RIR
ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Age Pension is a vital pillar of the retirement income system and provides most Australians with a minimum standard of living but a new approach is required to ensure retirees that rent reach this goal. The long-awaited Retirement Income Review ...
SG verdict: Choose your own adventure
KANIKA SOOD  |  FRIDAY, 20 NOV 2020
In a catch 22, the final report says keeping SG at 9.5% will shrink Australian's final retirement balances by 12-18%, but increase working-life income by 2%. Australians will retire with 12% to 18% thinner final balances if the government sticks ...
Fifth pillar in retirement system considered
ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review (RIR) has discussed the possibility of a fifth pillar in Australia's retirement income system based on a suggestion from the World Bank in 2008. The review noted that currently Australia has three pillars: the Age Pension ...
Household capital remains key: RIR
ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review (RIR) has found home ownership is an important element in an adequate retirement, but not at the expense of all other income generating options. The potential fourth pillar of the Australian retirement income system, accessing ...
Frydenberg unveils Retirement Income Review
KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... advice industry and ASIC to reduce the red tape and increase the professionalisation of financial advisers. Pointing to the super gender gap, Hume does not see the gap closing but narrowing over time.
Treasury expected to release retirement review
KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... was not released to the industry for a consultation. Since its handing down on July 24, Labor MP Stephen Jones, Industry Super Australia (ISA), Association of Superannuation Funds of Australia (ASFA) and Business Council of Australia have panned the ...
Why has ASIC still not got a chief executive?
KANIKA SOOD  |  THURSDAY, 19 NOV 2020
ASIC senior staff including James Shipton resisted moving to a stronger internal governance structure, its acting chair Karen Chester has told the ASIC expenses enquiry. Liberal senator James Patterson, who is chairing the enquiry into ASIC expenses ...
Industry fund names new group insurer
JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... a strategic partnership to provide improved insurance products and services to continue to meet our members' needs," the super fund said. For example, ACSRF will now have access to TPD only insurance cover. A new definition for TPD will also be adopted ...
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