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Showing 71 - 80 of 1074 results for %22Commonwealth Super%22

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or 1.4% to 6971 and said all sectors are in the red ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... $400 every year until they turn 18. Contributions will be capped at $1000 a year per child. For families receiving Commonwealth Family Tax Benefit A, the Government will automatically contribute $200 a year to the child's account without requiring a ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... held in their top 50 stocks was 31% for the women-led products vs 27% for the other MySuper products." BHP, CSL, Commonwealth Bank, NAB and Transurban Group are the most favoured local stocks among women-led funds, while the favourites for the male-led ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... ART announced it had signed a Memorandum of Understanding to merge with AvSuper, after the latter's plans with Commonwealth Superannuation Corporation fell through. Just days later, it was announced that it was also exploring a merger with Commonwealth ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
The cost to pay superannuation contributions on Commonwealth Paid Parental Leave (PPL) has been estimated to be about $200 million per year. The government's objective of superannuation and the accompanying discussion paper that fails to mention ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... representing 13% of all assets in the market. Not-profit super funds, including Australian Retirement Trust, UniSuper, Commonwealth Super Scheme, and BT Super, have the most affluent members across all ages among APRA-regulated funds. This suggests that ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... providers in the Australian marketplace." The merger will only proceed if it's in the best interest of ART and Commonwealth Super members, he concluded. ART recently signed another MoU with AvSuper, which is slated to finalise this year if approv ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... corporation whilst disqualified carried a maximum penalty of imprisonment for one year. The matter was prosecuted by the Commonwealth Director of Public Prosecutions after a brief and referral from ASIC.

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
Phil Brown has started a new position as senior manager of operational risk at Commonwealth Superannuation Corporation. In a post on social media, Brown said after a couple of contract roles as a project officer that lasted 18 months in total, the opportunity ...