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Search ResultsShowing 51 - 60 of 100+ results for "Superannuation"
REI Super ups insurance premiums
ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
The $1.6 billion super fund has increased insurance premiums for the second time in 18 months, blaming the Putting Members' Interest First legislation. Insurance premiums for REI Super members eligible for standard rates on death and total and permanent ...
Effects of ERS not so bad: Grattan
ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... important, but for those higher income earners it was still a significant pay cut and so some people chose to top up via superannuation," Woods said. "I think there was a role for it and considering the extremely unusual circumstances we were in, drawing ...
Several black holes in budget
KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... several missed opportunities in the federal government's 2021 budget , according to industry leaders in the superannuation and charitable-giving sectors. The superannuation sector is letting Treasurer Josh Frydenberg's proposals sink in, with ...
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," ...
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