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Showing 71 - 80 of 365 results for "Federal Budget"

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
... clients, they are focused in on the implications of the performance benchmarking test. As announced in the 20/21 federal budget, the performance benchmarking tests the net investment performance of MySuper products and is slated to commence from 1 July ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... or have $150,000 less at retirement. "The government's Retirement Income Review did not model the impacts to the Federal Budget or the retirement adequacy impacts of the three million Australians withdrawing super early. But it cautioned against early ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... It was handed down to the Treasury on July 24 and hasn't been released since, including during the October 4 federal budget which the government used to announce radical performance benchmarking for superannuation funds. The Treasury is now gearing ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... of a MySuper product into a choice product offered by the same fund. The complementary reforms announced in the Federal Budget to end the creation of duplicate accounts make it even more important that people end up in a single quality fund and are not ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... economic activity has been materially impacted, the significant stimulus for households and businesses provided in the federal budget, combined with an expected more complete reopening of domestic state borders, provide a bridge to economic recovery ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... said. According to CLSA Premium's Peter Boehm, the RBA will likely proceed with its decision to cut now that the federal budget announcement is out of the way. "Interest rates were kept on hold last month largely due to the timing of the federal budget," ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... businesses is going to be absolutely critical." Jones was also not overly positive about the government's recent federal budget and plans for getting through the COVID-19 recession. He said he is disappointed to see the government "dismantling things ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... the six months prior to the pandemic." "Such a development must be attributable to the response to the October Federal Budget; ongoing success across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... Authority is considering making changes to its MySuper Heatmap to reflect the reforms proposed by the government in the federal budget. Speaking at the Australian Institute of Superannuation Trustees Online Chair Forum, APRA deputy chair Helen Rowell ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of the federal budget this week. FSC chief executive Sally Loane started the event by pointing out that Hume "gave nothing away" about the impending ...