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Search ResultsShowing 71 - 80 of 100+ results for "Superannuation"
Frydenberg focusses on jobs, jobs, jobs
ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... increased expenditure related to COVID-19. The child care subsidy accounted for $8.9 billion, less than defence force superannuation benefits ($9.8 billion) and support for non-government schools ($12.8 billion).
Government declares record deficit, super reforms
JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... handed down the 2020 federal budget, confirming Australia's largest ever deficit and announcing major changes to superannuation . As was largely anticipated, Treasurer Josh Frydenberg has revealed a record deficit of more than $213.7 billion which ...
ERS extension flagged, criticised
ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ahead of this evening's budget announcement. ISA has called for the scheme to end, saying ...
Pandemic proves value of advice: FPA
ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... those without an adviser. Furthermore, 87% of respondents who have engaged a financial adviser did not access their superannuation early while half of advised Australians believe they would not have done anything differently financially. As a result ...
Australian Ethical cuts fees
ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
Australian Ethical has cut fees for super fund members as part of what it says is a continued effort to provide lower cost ethical investment options. The super fund reduced the investment fee for its defensive investment option in super and pensions ...
Super funds lag on disclosure
JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
Despite growing demand for it, Australia's superannuation funds are dragging their feet when it comes to portfolio holdings disclosure. A recent study by Rainmaker found just 27 major super funds publish holdings data; about one quarter of all funds. ...
Trustees cutting corners: Rowell
KARREN VERGARA  |  FRIDAY, 2 OCT 2020
The prudential regulator has lambasted superannuation funds for not taking underperformance seriously and failing to compare themselves accurately against their peers. APRA deputy chair Helen Rowell said that many superannuation funds are overlooking ...
Adviser charged with stealing super
ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... licensees could face 15 years in jail after being charged with four counts of dishonest conduct in relation to hardship superannuation requests. Rahul Goel is an authorised representative of Australian Financial Directions and committed the alleged offences ...
Vanguard to cull institutional mandates
KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... its actively-managed unlisted funds launched in September 2019, and the November 2019 announcement of plans for a superannuation offering and April 2020 launch of a portal for direct investors. Vanguard was the second largest investment manager in Australia ...
MySuper funds redeem performance
KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... gains to August, Rainmaker's latest super performance tables show. MySuper products offered by not-for-profit superannuation funds outperformed their retail counterparts in the year to August by 0.6 percentage points. In the month of August however ...
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