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Showing 9131 - 9140 of 18128 results for "superannuation"

ECT reforms pass Senate

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The Parliament has passed the latest amendments to the superannuation excess contribution tax (ECT), implementing the final piece of legislation to reform the unpopular tax, says Taxpayers Australia Limited. "The rationale for ECT made sense at the ...

Retail super bounces back

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index made a remarkable recovery during January as it surged 320 basis points to reach 11.5%, with retail MySuper products stretching their short term segment lead to 0.7%. Three ...

BetaShares funds now available on AMP platforms

ALEX BURKE  |  TUESDAY, 3 MAR 2015
... the construction of a robust portfolio, as well as increasing comfort with the product structure from platform Superannuation Trustees," said BetaShares managing director Alex Vynokur. "Each of these funds provides a different exposure and can be used ...

NGS Super appoints Frontier after tender process

MARK SMITH  |  TUESDAY, 3 MAR 2015
NGS Super, the industry superannuation fund for education and community-focused organisations, has appointed Frontier Advisors as an investment advisor. The $6.7 billion fund undertook an extensive market review in late 2014 after inviting a number ...

S&P launches Australian tax-aware benchmark series

ALEX BURKE  |  TUESDAY, 3 MAR 2015
... the S&P/ASX 200 and the S&P/ASX 300. The indices are designed to suit the needs of both tax-exempt investors and superannuation funds, accounting for relevant tax rates. "Investors typically are focused on after-tax investment returns. As a result, Australian ...

Tax concession debate "simplistic": SMSF Association

MARK SMITH  |  MONDAY, 2 MAR 2015
... government will come after the more than $30 billion that the Treasury Tax Expenditure Statement (TES) calculates superannuation costs in concessions. The SMSF Association maintains that the TES is not designed to act as a policy message - a point that ...

Borrowing magnifies risk: David Murray

ALEX BURKE  |  MONDAY, 2 MAR 2015
... in Sydney. Arguing that the media had misrepresented his views, Murray explained that the FSI recommended that superannuation funds should not be able to have "direct leverage". He continued: "In other words, they should be able to borrow for short-term ...

Millionaire investors swell in 2014

LAURA MILLAN  |  MONDAY, 2 MAR 2015
... Guiamatsia said. "Collectively, Australia's HNW investors hold $1.6 trillion in assets, nearly equivalent to the entire superannuation industry," she added. Growth was fuelled by a strong performance of the share market, which was up 12% during the period ...

Law should stop banks "bundling" super: ISA

ALEX BURKE  |  MONDAY, 2 MAR 2015
... appears they are approaching employers and offering deals to bundle business banking services with employee default superannuation," Whiteley continued. "In the best interests' of employees, the law should be changed to prohibit a bank-owned super fund ...

Only a quarter of Australians contributing to reach retirement goals

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
While over half (55.2%) of Australians know how much savings they will need for a comfortable retirement, only a quarter (24.5%) are making additional super contributions to reach this goal, according to a survey commissioned by Club Plus Super. Club ...