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Showing 61 - 70 of 835 results for "Basic"

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... be "entirely appropriate." He questioned whether, when appointing superannuation directors - which is a function of the basic equal representation rule and corporations legislation that entitles shareholders in companies to appoint directors - controversy ...

Advisers grapple with AI, require support: Survey

KARREN VERGARA  |  THURSDAY, 27 FEB 2025
Nearly one third of financial advisers are currently using artificial intelligence (AI) in their practice at a basic level, but many more say they need education and guidance, a new Investment Trends study finds. Some 27% of advisers that are embracing ...

AI is not a bubble: ECP Asset Management

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
ECP Asset Management principal, investments Justin Warton told Financial Standard that the artificial intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... The research found that of those surveyed, two-thirds were worried about running out of money and being unable to afford basic needs in retirement, while 61% were concerned about potential health issues or medical expenses. Half of those surveyed were ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... knowledge about key details. One of the trustees we engaged with was unable to identify whether its administrator undertook basic interventions, such as engaging with members over scams," the letter said. ASIC's review of 15 superannuation trustees ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... retirement. A $200,000 account balance would attract $9000 extra in tax. The SMC believes this is largely the result of a lack of basic financial advice and is another reason the government must act to implement the Delivering Better Financial Outcomes ...

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
Global public pension funds and sovereign funds are refocusing on generating long-term returns, generally targeting opportunities in private markets, emerging markets, and green assets, according to the Official Monetary and Financial Institutions Forum ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during the Royal Commission. Speaking to ABC radio, Jones said the problem ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... will create a new class of adviser "to provide safe and simple advice to Australia, such as choosing an insurance policy or basic questions about retirement." This new class of adviser will only be able to provide advice on products issued by prudentially ...