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Showing 71 - 80 of 767 results for %22ESS Super%22

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... tend to outlive men they need to have a plan to manage assets. A HILDA survey shows that one in five Australians still have super within four years prior to death, with a mean balance of about $500,000. "The wealth transfer between couples as a result ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... government will double the concessional tax rate for superannuation balances over $3 million, affecting 80,000 people or 0.5% of super accounts. Commencing 2025/26, superannuation earnings in the accumulation phase that exceed $3 million will face an ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry. At the ASFA conference, financial services regulators detailed their top priorities, including cybersecurity threats ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... treasurer Angus Taylor said the stability and certainty of Australia's superannuation system is at risk. The purpose of super is to take pressure off the budget, not supplement it, Taylor argued. "It was never envisioned that super be used to plug ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... that Colonial First State Investments Limited (CFSIL) kept members from the CFS FirstChoice Fund and Commonwealth Essential Super invested in in-house products. It also affected members in the FirstWrap Pooled Cash Account who earned lower interest rates ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... funds in private markets over recent years. There seems to be a bullishness about that," he said. Grose added that while super funds have historically been underweight private assets, their allocations have tremendously increased over time. "I think ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
This year, APRA is focused on rectifying sub-standard practices, eradicating unacceptable performance, and influencing improved retirement outcomes. That's according to its 2023 supervision priorities, released today. It said it's all part of holding ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. Most HESTA members are low and middle-income working women ...

Financial services leaders recognised: 2023 Australia Day Honours

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
... insurance and superannuation industries. Brown was previously awarded a Medal of the Order of Australia in 2015. Former ESS Super president John Simpson has also been appointed as a Member of the Order for significant service to the business sector ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... greenwashing - as a responsible investment manager, we have a duty to unpack what we mean by sustainable investment, and being super transparent." The fund is comprised of a mix of Australian equities, international equities, infrastructure, domestic ...