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Showing 61 - 70 of 520 results for %22Super Package%22

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with a rise in investment scams ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

Hume promoted to cabinet

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... key playing in introducing plans to remove grandfathered commissions to financial advisers, the Protecting Your Super Package and extending the time for advisers to complete the Financial Adviser Standards and Ethics Authority exams and winding it down ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... assets, deposits and superannuation balances all saw increases in the quarter and were the main contributors to growth. Super balances increased 1.1% in the quarter, reversing some of the damage that has been done by those who removed their retirement ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
Industry Super Australia (ISA) has significantly ramped up its campaign against the Morrison government's Your Future, Your Super reforms package saying it will only serve to help dud funds. ISA said the reforms package will benefit the big banks and ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto destroyed a site that represented ...

Aussies won't top-up ERS losses

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
New research reveals that less than half of the Australians that withdrew their super this year plan to direct tax savings towards replacing it. Research from Colonial First State, which looked at a sample of 2000 Australians, found that 16% had withdrawn ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

Kogan execs chase big bonuses

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... chief executive remuneration," he said. Ridder said he had met with some of Kogan's largest shareholders, including industry super funds and institutional fund managers. "What became clear from the meetings I had was that we should have held an [extraordinary ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... underperformance, complex arrangements and lack of transparency that have gone on for far too long. Similar to an ASX-listed company, super funds are now required to disclose the remuneration of key executives and "highly paid investment managers, in ...