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Showing 931 - 940 of 5905 results for "Short"

National gender pay gap stuck at 22.8%: Data

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
Australian women on average earnt almost $26,600 less than men between 2021 and 2022. Data released by the Workplace Gender Equality Agency (WGEA) titled 2021-22 Employer Census revealed progress to close the gap has stalled and remains at 22.8%. Alarmingly ...

ASIC abandons $500k SMSF threshold

ANDREW MCKEAN  |  FRIDAY, 9 DEC 2022
... achieve considerably lower net investment returns. "Therefore, unless a large contribution will be made into the SMSF within a short timeframe after the fund is set up, it's unlikely starting an SMSF with a balance of less than $200,000 is consistent ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... coming," he said. HSBC chief economist Paul Bloxham commented: "Just like the move itself, the [RBA] statement was fairly short, benign and introduced little that was new. The statement suggested that the RBA's forecasts are unchanged since its full ...

Magellan FUM back at $50bn

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
... $50.9 billion at September end. October proved kinder and saw FUM increase slightly to $51 billion, however the growth was short lived.

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
The OECD Pensions Outlook 2022 says that continuing with reforms to asset-backed pension arrangements is essential to improving retirement outcomes and the sustainability of retirement incomes, thereby building more inclusive pension systems. While ...

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
A $2.3 billion corporate super fund has commenced the search for a successor fund following an independent review that found it would struggle to satisfy members' best interests in two years' time. The Alcoa of Australia Retirement Plan has ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
Dixon Advisory and Superannuation Services administrators have said it's in the best interest of the failed group's creditors to vote in favour of a proposed deed of company arrangement that would see them receiving as little as 3.1 cents on ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
Vanguard Investments has become the first investment manager to be fined by ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements (PDS) for the Vanguard International Shares ...

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Almost two years since pooling their assets, the two funds have officially signed a successor fund transfer deed. Expected to take place in September 2023, the merger will see Maritime Super members transferred to Hostplus and all Maritime Super assets ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
New data has highlighted the roles within banking and financial services that will receive pay rises in excess of inflation and those that won't. According to the latest Robert Walters Salary Survey, those who can expect a median increase are wealth ...