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Showing 671 - 680 of 10768 results for "Government"

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... 2023, the objective of superannuation is "to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way". The legislated objective comes 32 years after the establishment of compulsory ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the Financial Advice Association Australia (FAAA) warns in anticipation of the looming ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
... Currently, Mercer is the administrator for CSC, having taken over after acquiring Pillar Administration from the NSW government in 2016. Pillar had been handed the contract around 2012 when it was decided PSSap administration would be transferred from ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... months to October, down from 2.7% in September." As has been the case in previous months, the ABS said Commonwealth and government subsidies also drove the large decreases in electricity prices. "Commonwealth government and State government rebates continue ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... way to the Senate only to be reported that it could be shelved until after the next federal election. "It appears the government has come to the realisation that they don't have the support of the Senate cross bench to get this bill through, and ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... "appears elusive." "Reform should seek to bring change. But the explanations of these reforms - from both the federal government and the Future Fund - have restated that, ultimately, the risk, return, independence, strategy, portfolio and role of the ...

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... up 55.6% of the total AUM, with $22.63 trillion. Of this, 24.4% belongs to the top five asset owners, being Japan's Government Pension Investment, Norges Bank Investment Management, China Investment Corporation, SAFE Investment Company, and the Abu Dhabi ...

Can technology help advisers service the masses?

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... quarantined in their ability to deliver advice in a compliant way. In that respect, compliance has overplayed its hand from a government regulatory perspective," he said. This outcome mirrors that of the UK government's Retail Distribution Review ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
The SMSF Association (SMSFA) has welcomed reports the government's $3 million superannuation tax, which was expected to come into effect 1 July 2025, could be shelved until after the next federal election. SMSFA chief executive Peter Burgess said the ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... attractive risk-adjusted option within public fixed income. "The strategy invests in a multi-sector portfolio of global government, corporate, securitised, and emerging market debt. It takes an active approach and moves dynamically across sectors and ...