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Showing 51 - 60 of 16559 results for "superannuation"

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
Two separate laws that regulate how superannuation funds deal with non-arm's length expenses (NALE) and income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... retirement savings are once again invested in Whitehaven Coal, one of Australia's worst climate wreckers," Market Forces superannuation funds campaigner Brett Morgan said. "By scrapping its coal exclusion policy, Vision Super is out of step with member ...

AustralianSuper completes build-to-rent-to-own project

KARREN VERGARA  |  MONDAY, 24 JUN 2024
AustralianSuper has completed its first build-to-rent-to-own housing development (BTRTO), located in Melbourne's northwest. Built in conjunction with property developer and operator Assemble, residents have now moved into 15 Thompson Street, Kensington. ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
The superannuation gap of young Australians who contribute to their super earlier, compared to those who take the default contribution option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger ...

Betashares promotes key sales execs

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024
Betashares has strengthened its distribution team with two key promotions as it moves to accelerate growth in superannuation, retirement, and retail wealth management. The promotions come just two days after Singapore's state-owned fund Temasek ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
As AustralianSuper, Australian Retirement Trust (ART), and Aware Super continue to dominate the superannuation sector in terms of total assets, the smaller players are becoming serious contenders. New APRA statistics show that AustralianSuper had more ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... This policy would allow individuals to withdraw up to $50,000, up to a maximum 40% of their balance, from their superannuation fund account to purchase their first home. The analysis focused on 38-year-olds and assumed that 20% of renters would purchase ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... well. He said that while good retirement outcomes are not all about advice, it does have a big role to play and the Superannuation choice products: What focus is there on performance? (Report 779) which was released in February, shows there was more ...

GBST, Wipro join forces on holistic administration service

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
... GBST has partnered with Indian technology conglomerate Wipro to deliver end-to-end administration services for superannuation funds and wealth management firms looking to move away from antiquated IT infrastructure. The collaboration combines GBST's ...