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Showing 911 - 920 of 7371 results for "System"

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... drafted will create a clear framework for assessing future superannuation policy initiatives and support a superannuation system aimed at improving Australians' retirement incomes," it said. Over half of the feedback received supported the Bill's ...

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... Aware Super's 1.1 million members, such as enhancing their retirement outcomes and improving equity in the superannuation system, particularly for women." Aware Super said it has now commenced the search for a new independent chair. The Association of ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The total superannuation found by First Nations Foundation on behalf of Indigenous Australians now comes in at $25.2 million. In 2023, the foundation reconnected First Nations people with $1.2 million, bolstering the total found. The superannuation ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... challenging now that it was 30 years ago, and it will be "much harder" in the future. As such, Fink said the retirement system in America needs modernising, at the very least. He said that the federal government has prioritised maintaining entitlement ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... financial stability remain. The Assessment said there is a possibility that these risks may affect the Australian financial system which would add to the financial pressures experienced by domestic borrowers, and if this strains the balance sheets of ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... strategies and product solutions in the next few years, according to Deloitte's Dynamics of the Australian Superannuation System report. The report forecasted that merger activity will continue, resulting in the development of larger funds and mega-funds ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... be home to more than 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier demographic base, and ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Financial advisers in the UK are being asked to examine their processes when providing retirement income advice, following a thematic review that found some "are not even getting the basics right." The Financial Conduct Authority (FCA) undertook the ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... limitations, it is not afraid to pursue cases where the law might be considered "unclear". "In our legislative and judicial system, the courts are the ultimate arbiter of these matters. This approach applies to all sectors under our regulatory remit ...

AustralianSuper's move to boost productivity by up to 30%

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
AustralianSuper announced it would be one of 600 companies globally to participate in the Copilot for Microsoft 365 Early Access Program (EAP). AustralianSuper's chief technology officer Mike Backeberg said the move to introduce artificial intelligence ...