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Showing 61 - 70 of 5198 results for "Australians"

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... start of this year." McCrindle added that Australia is more culturally diverse than ever before. "Almost half of all Australians have at least one parent born overseas," he said. "What's more, census data highlights that one in four Australians speaks ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... treasurer Angus Taylor slammed the proposed doubling of superannuation tax to 30%, saying it is a blatant attack on Australians' wealth.

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
The changes in concessional and non-concessional contributions caps announced today could mean that some Australians can have additional disposable income to contribute to superannuation, according to the SMSF Association. From 1 July 2024, the standard ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... Labor proposed increasing the 15% tax to 30% under Division 296 tax laws, calculating it will affect fewer than 80,000 Australians. "The new tax is a shocker - a doubling of taxation on Australians' retirement savings a regime that proposes a different ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say. The first day of the annual SMSF Association National Conference at the Brisbane Convention ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Mercer, AustralianSuper, Hostplus, UniSuper, and Brighter Super recorded the largest growth in member numbers, according to new analysis from Perple - People Performance, underscored by mergers and stiff competition. Using APRA data of the 2022-23 financial ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... deducted, as well as investment returns and administration costs." The action is being funded by Woodsford. "Everyday Australians trust their superannuation funds to look after their hard-earned dollars which they have invested for their retirement," ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Australians want total control over how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... has no AFSL. Since January 2015, Great Southland has raised more than $60 million from 89 investors, 46 of which are Australians. The regulator wants Hodgson disqualified from providing financial services for however long the court sees fit. He has previously ...