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Showing 601 - 610 of 9555 results for "Release"

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... a national consensus regarding a clear objective for the Australian superannuation system. His comments come after the release of a draft objective for superannuation which aims to preserve savings to deliver income for a dignified retirement, alongside ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The unemployment rate remained steady at 3.5%, with a stronger than expected lift in jobs in March, however economists say it won't lead to a rate hike. According to the Australian Bureau of Statistics, unemployment is at the lowest seen since 1974. ...

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... participants path for an additional hike, even as there are some encouraging signs in the detail," Nugent said. Following the release of the CPI data, San Francisco Federal Reserve president Mary Daly acknowledged the potential for inflation to decelerate ...

SuperConcepts integrates with Smarter SMSF platform

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
SuperConcepts has joined forces with Smarter SMSF, integrating SuperMate and the documentation platform for streamlined SMSF administration. SuperConcepts chief technology officer Andy Forbes and Smarter SMSF chief executive Aaron Dunn said the integration ...

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
Superannuation funds that fail the performance test downplay their results and obfuscate members from understanding critical information, according to the corporate regulator. ASIC has criticised super funds that failed the performance test two years ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
Overhauling superannuation drawdown rules can significantly ease the cost-of-living pressures for retirees and improve retirement income by up to 20%. This is one of three recommendations presented by the Financial Services Council and NMG Consulting ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for listening to feedback from the investment and superannuation ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
Assistant treasurer Stephen Jones has opened consultations that aim to make the superannuation performance test more accurate by updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
The federal government has released the outcomes of its review into the Your Future, Your Super laws, flagging among many findings, that it will "fine-tune" the performance test and extend the performance period to 10 years. Starting with the highly ...

Harvest Lane backs US cybersecurity firm

CHLOE WALKER  |  TUESDAY, 4 APR 2023
Harvest Lane Asset Management (Harvest Lane) led a $17.2 million funding round for cybersecurity company Votiro, with the investment chief joining the technology firm's board. The new funding aims to accelerate Votiro's global marketing and sales reach ...