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Showing 61 - 70 of 598 results for %22Essential Super%22

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... that Colonial First State Investments Limited (CFSIL) kept members from the CFS FirstChoice Fund and Commonwealth Essential Super invested in in-house products. It also affected members in the FirstWrap Pooled Cash Account who earned lower interest rates ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... address deficiencies. "Strong governance practices along with business planning and performance monitoring disciplines are essential to provide durable superannuation product offers that benefit members over the long-term," APRA said. To do so, APRA ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... alone would be $409.5 billion per year. "This is an enormous contribution to society that is not properly recognised as essential to the economy, with the cost borne mostly by women," it said. HESTA further added government should also cap the amount ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... greenwashing - as a responsible investment manager, we have a duty to unpack what we mean by sustainable investment, and being super transparent." The fund is comprised of a mix of Australian equities, international equities, infrastructure, domestic ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... system. "While ordinary people in Australia and around the world are making daily sacrifices on essentials like food, the super-rich have outdone even their wildest dreams," she said. "Just two years in, this decade is shaping up to be the best yet for ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential Super and AMG MySuper. "MySuper options are supposed to be the low-cost, simple default products that we put people into to ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential Super and AMG MySuper received a significantly poor performance rating. Many of these products also failed the performance test ...

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
... that a customer is not who they claim to be," she said. "Having flexible customer identification procedures in place is essential to ensure that members of the community can access financial services so that temporary or systemic barriers do not prevent ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
The OECD Pensions Outlook 2022 says that continuing with reforms to asset-backed pension arrangements is essential to improving retirement outcomes and the sustainability of retirement incomes, thereby building more inclusive pension systems. While ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... play a critical role in meeting the needs of an ageing population, particularly as many Australian retirees have inadequate super saved to meet their needs,"he added. On the transaction, Pension Boost founder Paul Rogan said it's clear both firms ...