Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 811 - 820 of 18082 results for "Superannuation"

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... collection, annual compliance agreements entered with the CFMEU for the sole purpose of recovering outstanding superannuation contributions from employers -aside from recommendations to enhance board-level reporting on these expenses - were otherwise ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... and 9% in international fixed income. "We realised that it is increasingly challenging for large funds, and any superannuation fund, given the pace of growth of super versus the Australian market, to maintain our domestic allocation, because we use index ...

AMP Super delivers double digit returns in FY25

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
AMP delivered strong returns for its MySuper and Future Directions members in the year to June 30. For the period, members of AMP's MySuper 1970s, 1980s and 1990s options have achieved returns of 12.7%, 12.9% and 12.8% respectively. Meanwhile, MySuper ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
APRA is warning superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces ...

Super on paid parental leave to reduce gender gap: ASFA

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
The introduction of superannuation contributions on paid parental leave (PPL) is set to boost women's retirement savings by $7200, according to new research from the Association of Superannuation Funds of Australia (ASFA). Superannuation contributions ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
The average superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and ...

MLC AM delivers real returns for members in FY25

KARREN VERGARA  |  MONDAY, 30 JUN 2025
Staying the course on listed equities amid tariff-induced market turbulence has led to MLC Asset Management achieving double-digit returns for the 2025 financial year and, more importantly, real returns for members, according to its investments chief. ...

SMSFs' risk appetite to change under Division 296: Wilson

MATTHEW WAI  |  MONDAY, 30 JUN 2025
The controversial superannuation tax will likely see an exodus of SMSF capital from emerging companies as they look to avoid growth companies, a discussion paper says. Following its initial discussion paper and petition on Division 296, Wilson Asset ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... respondents, while 48% said the same for operational risk. Notably, cyber security risk was rated particularly high among superannuation trustees. Financial risks such as credit risk and market risk, financial system stability, and climate risk, received ...

Legalsuper celebrates double digit returns

JAMIE WILLIAMSON  |  FRIDAY, 27 JUN 2025
Legalsuper expects to close out the financial year with a return of more than 11% for its MySuper product. The super fund predicts FY25 will see a return of at least 11% for its MySuper Balanced option, while the High Growth option should return about ...