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Showing 61 - 70 of 217 results for "Equitable"

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... will have no voting rights. Roxon said the aim of the body is to ensure superannuation policy is stable, effective, and equitable. "The nature of work and the workforce itself are changing, as are patterns and expectations in retirement. As many members' ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... continue to conduct reviews of RSE licensee practices in relation to SPS 530, with the objective of appropriate and equitable member outcomes and management of investment risk," APRA said.

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation (Objective) Bill 2023 seeks to formalise a "shared purpose" for Australia's superannuation ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... conjunction with the fund's board of trustees and external consultants, "have worked closely with members to ensure an equitable outcome." Citi's decision to close its staff offering follows that of Heidelberg Australia at April end after 64 ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... offered more than a quarter of a million examples of the power and value of reform efforts to build a fairer and more equitable super system. This finding highlights the benefit to Rest members, but it's likely many more working Australians are now receiving ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... superannuation, to preserve savings and deliver income for a dignified retirement alongside government support, in an equitable and sustainable way. Jones, who is also minister for financial services, added: "It strikes me as odd in a system which is ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... commitments. It's in these cases, the application of the SG to the Carer Payment could help. "It's a highly equitable policy, since recipients of the Carer Payment must satisfy a means test and therefore are on low incomes," Elkins said. "People ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... choices." The SEC is seeking injunctive relief, disgorgement of ill-gotten gains plus interest, penalties, and other equitable relief. The SEC filed a case against Binance and its founder and chief executive Changpeng Zhao just yesterday, claiming he ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... for gig workers in 'employee-like' arrangements. "We will continue working towards achieving a fairer and more equitable superannuation framework for all Australians," Blakey concluded. The Association of Superannuation Funds of Australia (ASFA) ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... Debby Blakey welcomed the initiative but said that savings should be directed towards helping deliver a fairer and more equitable super system. Aware Super said the budget left low-hanging fruit on the branch. "The higher earnings tax on super balances ...