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Showing 61 - 70 of 5473 results for "Australians"

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 ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
AustralianSuper has the right strategic recipe and leadership to continue delivering for members, but there are some areas to keep an eye on, Morningstar says. Releasing its review of the nation's largest superannuation fund, Morningstar said the fund's ...

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... That's according to new research from Brighter Super and Investment Trends that shows retirement confidence among Australians is the lowest it's been in a decade. According to the 2024 Retirement Income Report, only 29% of pre-retiree Australians are ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... risks consumers are facing that are being driven by cost-of-living pressures. These priorities are about protecting Australians from financial harm and targeting the people who try to take advantage of them," Court said.

Super lobbies call for death benefit reforms

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... (SMC) and the Association of Superannuation Funds of Australia (ASFA) have told the senate economics committee that Australians deserve better outcomes from their super funds, but said reforms are needed. ASFA chief executive Mary Delahunty said death ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. This newest update adds data covering firms with four or ...

Insignia Financial eyes 'most efficient' title by 2030

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2024
... ability to improve people's lives," chief executive Scott Hartley said. "We recognise there are a large number of Australians with unmet advice needs, and as Australia's largest salaried adviser business, we are well positioned to lead in this space ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... super funds, because they are the most privileged organisations in Australia, they receive all this money on behalf of Australians, that they owe a great duty to the parliament to explain themselves. And so, we have asked the chief executive of Cbus ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... its members and claimants at their most vulnerable time, and we are taking this case to protect all those vulnerable Australians trying to access the financial support to which they are entitled. The systemic failure by superannuation trustees to deliver ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... deserves the right to set themselves on the path to a dignified retirement," SMC chief executive Misha Schubert said. "Australians strongly support universal super - and know it's a workplace right. Super should be for everyone, paid from the first hour ...