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Showing 51 - 60 of 5472 results for "Australians"

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
Older Australians are not prepared to move into aged care and most expect it to significantly diminish their wealth, as AMP calls for more support from government and financial services. New research from AMP shows most older Australians are concerned ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... agenda as he reassured funds the intent is not to "dismantle" the system. "The scheme created an incentive for young Australians to engage with their super contributions and build good habits by making voluntary salary sacrifice contributions," he said. ...

Australians satisfied with super performance: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
New research from the Association of Superannuation Funds of Australia (ASFA) finds most Australians are satisfied with the returns their super fund is delivering, with only 6% deeming their fund's performance poor. Surveying 1500 adults across ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... payments are delayed. This includes increasing the SG charge applied to delayed payments. Over the last nine years, Australians have missed out on $41.6 billion in unpaid super, the Super Members Council said.

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... (ASFA) conference, Chalmers gave an address laying out the reforms, which focus on improving retirement outcomes for Australians. The reforms include changes to income stream regulation and enabling innovation in retirement product design. "These changes ...

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
Grattan Institute chief executive Aruna Sathanapally said it is the job of all Australians to ensure the younger generations have a "sense of hope" about the future rather than the sense that they are being "systematically screwed over". Speaking at ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... next week if I can," Chalmers said. "A ministerial statement to the parliament on Wednesday about the progress that Australians have made together when it comes to getting inflation down and wages up and rolling out cost-of-living help at the same time ...

Betashares Direct slashes brokerage fees on ASX 300

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... brokerage on ETFs and now on over 300 Australian shares, we are furthering our goal to become the home of investing for Australians," Vynokur said. "More importantly, the world without transactional brokerage opens up a wide range of new opportunities ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
HESTA has agreed to make payments to two cohorts of members impacted by valuation decisions made by the fund in March 2020. APRA said in March 2020, HESTA made downwards adjustments to five single sector Choice options invested in unlisted assets but ...