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Search ResultsShowing 41 - 50 of 100+ results for "Superannuation"
Super reforms modest negative for AMP, IOOF: Credit Suisse
KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Last night's superannuation reforms could be a "modest negative" for AMP, IOOF and Link Group but have no impact on Netwealth and HUB24. The government is proposing to subject all MySuper products to a new APRA-administered annual test from July 2021 ...
Super's role in new $10bn infra spend
KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Superannuation funds will be cautious in approaching the budget's $10 billion extra infrastructure spend promise, says Frontier Advisors. Last night, federal Treasurer Josh Frydenberg said it will increase the infrastructure investment pipeline ...
Aussies want to invest super in property: Research
ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... cash and fixed interest, according to new research. The survey found that 41% of Australians would invest their superannuation in property if they met the criteria to do so. The findings come from a survey of an independent, nationally representative ...
APRA rolls out new assessment model
ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
... system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees, the prudential regulator announced the Supervision Risk and Intensity Model (SRI) will be rolled out this month ...
Queensland funds explore merger
KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... Queensland industry funds have signed a memorandum of understanding to explore a merger which could create a $20 billion superannuation fund. Energy Super and LGIAsuper will commence due diligence on an exclusive basis, to vet if a merger will be in ...
Super industry cautious on more reform
ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... government's 2020-2021 budget, but the super sector is so far cautious in its response. Australian Institute of Superannuation Trustees (AIST) chief executive Eva Scheerlinck was a little more cautious in her response to the budget, with more superannuation ...
MySuper funds face new test, member bans
KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... July 2022. "The new performance framework will now be the primary method for measuring underperformance in the superannuation sector and the APRA Heatmaps and the annual member outcomes self-assessment under existing law will be amended accordingly," ...
Frydenberg focusses on jobs, jobs, jobs
ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... increased expenditure related to COVID-19. The child care subsidy accounted for $8.9 billion, less than defence force superannuation benefits ($9.8 billion) and support for non-government schools ($12.8 billion).
Government declares record deficit, super reforms
JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... handed down the 2020 federal budget, confirming Australia's largest ever deficit and announcing major changes to superannuation . As was largely anticipated, Treasurer Josh Frydenberg has revealed a record deficit of more than $213.7 billion which ...
ERS extension flagged, criticised
ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ahead of this evening's budget announcement. ISA has called for the scheme to end, saying ...
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