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| | | Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ... |
| | | | The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ... |
| | | | A recent report by economist Saul Eslake, which criticised the use of superannuation for home deposits, has been labelled "deeply flawed" by Australian Institute for Progress executive director Graham Young. Young said allowing home buyers to tap into ... |
| | | | The Actuaries Institute has named Jan Swinhoe the Actuary of the Year for 2024. Swinhoe has an extensive background in financial services, having worked across insurance, institutional banking, and superannuation. She is currently a non-executive director ... |
| | | | Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by ... |
| | | | The legislation that will see superannuation contributions paid alongside government-funded parental leave entitlements passed parliament this morning. Parents receiving payments from the Commonwealth Paid Parental Leave scheme will begin receiving ... |
| | | | The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ... |
| | | | Employers who fail to pay superannuation contributions within seven days of paying wages will face harsh penalties under the government's new Payday Super laws. Releasing its proposed framework today, the government outlined further details it plans ... |
| | | | Despite the Australian Taxation Office's best efforts, there is still close to $18 billion in superannuation yet to be reunited with those who earned it. That's according to the latest figures, which show there's currently $17.8 billion in lost and ... |
| | | | Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5%, the latest Alpha Female Report finds. Citywire's annual analysis, which tracks the progress of gender parity in asset management, calculated 903 Australian ... |
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