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Showing 781 - 790 of 1683 results for "Workers"

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... proposal from the UK Government, bosses would face up to seven years in jail for endangering the retirement savings of their workers by allowing deficits to escalate to unsustainable levels, or through chronic mismanagement. Making mismanagement a criminal ...

Industry fund welcomes new chair

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... chair of a fund with such a strong history of putting members first. "LUCRF Super is and will continue to support all workers across Australia, helping them achieve financial dignity now and into their retirement. I'm proud to be the chair of the ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
Could it be? Could it be that Westpac's chief economist Bill Evans has just gotten one up on me? Nah Virginia, me don't want to "kill Bill", we economists may not see eye to eye but we stick together. More so that Bill's come around to my ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... measures being tabled today were lost in that round however, with changes being made to ensure the requirement for younger workers to specifically opt out of paying for life insurance remains. Other reforms passed recently will see the charging of exit ...

Pay super fortnightly: ISA

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... Industry Super Australia is calling for changes to the laws governing superannuation contributions in Australia, arguing workers collectively miss out on millions in interest payments when their superannuation contributions are paid each quarter, instead ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... concessions to the package. Importantly, the Government's insurance in super carve out - which would have seen younger workers be required to opt-in for insurance within their superannuation - was lost. The move now ensures younger workers will continue ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... said. Baur sees low-wage earners influencing the fact that "globalisation is fading." Hundreds of millions of low-wage workers are being brought into the economy and they compete with the other middle-class workers in the UK, US, Europe and Japan, he ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... models of not-for-profit super funds, it didn't all go their way. Indeed the RC's recommendations for Australian workers to have a single default fund will be viewed by weaker industry funds as a savage blow. So too will the proposed limitations ...

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
... workers' retirement savings into the Future Fund would be a costly mistake. According to Industry Super Australia, workers would be about $124,000 worse off if their superannuation was with the Future Fund, instead of a top performing industry fund. ...

Most clients coping with financial stress: Poll

KARREN VERGARA  |  TUESDAY, 29 JAN 2019
... about their finances. A recent AMP study found 2.44 million Australians are experiencing financial stress. This leads to workers taking about 2.5 extra sick days a year and $31.1 billion in lost revenue for businesses. Financial stress tends to affect ...