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Showing 71 - 80 of 11148 results for "Members"

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... particular, even though the use of LRBAs has been, in the main, appropriate and a legitimate vehicle for superannuation members, including younger members, to save for their retirement," Busoli said. "Also, demonstrably, the effect on the availability ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... million of member money was invested. ASIC alleges Diversa failed to conduct adequate due diligence before allowing its members to invest and adequate ongoing monitoring. Members of the Powerwrap Fund, Praemium Fund, and MAP Master Superannuation Plan ...

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... the end of the period. MySuper first hit the $1 trillion milestone in March 2024 and has grown the nest egg of default members by 16% since then. Choice products had $1.23 trillion two years ago and have grown 21% over that time. There are only 51 MySuper ...

SMC pushes for carers to qualify for SG

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
... the federal government extends the Super Guarantee (SG) to the Carer Payment, according to new research from the Super Members Council (SMC). The report found more than one million Australians continue to miss out on superannuation because of gaps in ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... superannuation, Australians traditionally follow the path of least resistance. When a pot of gold feels 'so far away' members tend to adopt a cavalier attitude and habitual disengagement and, instead, dismiss it in the 'too-hard basket' ...

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... to the FSU, the RBA ended negotiations and moved directly to a staff ballot without the agreement of the union or its members. The union is calling on the central bank to return to the bargaining table and negotiate a higher wage outcome more closely ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... proceeding in the Federal Court against ETSL, alleging failures in care, skill and diligence concerning the decision to allow members to invest in the First Guardian Master Fund. The regulator first launched a proceeding against Eqity Trustees in August ...

Aware Super sells majority stake in water portfolio

ELIZA BAVIN  |  FRIDAY, 19 JUN 2026
... infrastructure portfolio for future investment opportunities. "We are delighted to achieve this positive outcome for our members with the proceeds received from this sale providing additional capital to pursue emerging opportunities across our infrastructure ...

Super balances rise but gender retirement gap remains stubborn

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
... highlighted a persistent gender retirement gap, particularly among those approaching retirement. Analysis by the Super Members Council (SMC) of recently released Australian Taxation Office data found median super balances increased 5.5% overall during ...

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... consequences can be severe, potentially resulting in significant disruption for clients and considerable distress for family members, as the value of the business may be materially diminished," the report read. Interestingly, preparedness appears to ...