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| | | US President Donald Trump has unveiled his new retirement savings plan, inspired by Australia's superannuation system. US Treasury Secretary Scott Bessent said the government designed a plan "that's something pretty close or in the direction of the ... |
| | | | The UK has passed legislation requiring pension schemes to prove they're delivering value for money or face consolidation and enables automatic merging of multiple pension pots. The Pension Schemes Bill was passed into law on Wednesday, which will kickstart ... |
| | | | The Canada Strong Fund will invest in nation-building projects, with a seed investment from the Canadian government of $25 billion. It will also launch a retail investment product. Canadian Prime Minister Mark Carney announced the launch of the Canada ... |
| | | | Speaking at the National Press Club on Wednesday, minister for health and ageing Mark Butler said he will soon introduce a bill to ensure the sustainability of the National Disability Insurance Scheme (NDIS), seeing about 160,000 recipients' entitlements ... |
| | | | Turbocharging its workforce automation, Praemium has finalised restructuring the local information technology division that made several jobs redundant and is on track to save $9 million in salary expenses. This includes cost savings from the closure ... |
| | | | UniSuper will halve its asset-based administration fee for the Flexi Pension retirement product starting July 1. More than 42,000 retired members in the product will pay a fee of 0.08% from the current rate of 0.16%. "Our ability to offer this significant ... |
| | | | Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment, which will help to secure more "two-way" investment in jobs and industries, as well as strong returns for investors for both ... |
| | | | Actuaries Institute has proposed a three-part package to tackle Australians missing out on tax-free income by not transitioning their superannuation to the retirement phase when eligible. Under the proposal, all APRA-regulated super funds would be required ... |
| | | | AMP has reported its 1Q26 results, showing 45% growth in Platforms net cash flows, increasing to $1.1 billion. However net cash outflows continued for the Superannuation and Investments business, seeing $80 million in outflows - albeit this was a 26% ... |
| | | | A new standard from the Financial Services Council aims to strengthen governance practices across superannuation platforms, including limiting unadvised members to simpler investments, enhancing due diligence of options, and greater oversight of advisers ... |
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