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Showing 591 - 600 of 6288 results for "Superannuation Fund"

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... in Finder's study, noting only one in 10 Australians - equivalent to two million people - were across their superannuation fund's performance in the past 12 months. The survey found almost half (49%) are clueless about their superannuation and 41% have ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... Income Stream members will see a 33% increase in their administration fee cap due to higher costs borne by the superannuation fund. From November 1, the super fund will increase its annual administration fee cap for Income Stream accounts from $750 to ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... contributions will have a nominal interest rate amount applied to them and will then be paid to their nominated superannuation fund the following year and taxed at the current superannuation tax rate of 15%. From next year, the payment is estimated to ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... discouraged, delayed, and or prevented more than 31,000 members when they sought to transfer their funds to another superannuation fund. There were several categories of alleged misrepresentation, including that members employed by a Rest-affiliated ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
Employers who fail to pay superannuation contributions within seven days of paying wages will face harsh penalties under the government's new Payday Super laws. Releasing its proposed framework today, the government outlined further details it plans ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
The Association of Superannuation Funds of Australia (ASFA) has launched of the ASFA Financial Crime Protection Initiative (FCPI), a project designed to bolster the superannuation sector's defences against the growing threat of financial crime. In collaboration ...

TelstraSuper picks Equip for merger partner

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... Catholic Super, it's served as successor fund to the likes of BOC Super, Toyota Super and the Rio Tinto Staff Superannuation Fund in recent years. Meantime, Equip Super chair Michael Cameron said: "TelstraSuper is a highly regarded fund that brings ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
New research from the Association of Superannuation Funds of Australia (ASFA) shows that while super balances are largely growing, there's still plenty to be done to ensure positive retirement outcomes for all. ASFA's An update on superannuation account ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... Prime Super, Baird drove the asset owner's strategic direction to deliver growth via two fund mergers. The superannuation fund ranks in the top third of regulated superannuation funds for membership, cash flow and investment returns. Baird currently ...