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| | | ... about $1504, the government said. Previously, they would have saved around $700. "The changes to the personal income tax system will have a net cost of $1.3 billion over the forward estimates. The total impact of these tax cuts is expected to be $107 ... |
| | | | ... TPD benefits amounting to around $1.5 billion annually. "Group life insurance plays a critical role in the superannuation system, providing affordable and cost-effective cover that delivers real benefits for those whose working life is cut short by accident ... |
| | | | The superannuation fund is working to close the gender super gap among its employees, now paying the full-time Superannuation Guarantee to staff who return from parental leave on a part-time basis. As it stands, TelstraSuper offers 16 weeks' paid parental ... |
| | | | Superannuation funds have been heavily reliant on equities for the last decade compared to their global peers, a new study reveals. The latest study by Willis Towers Watson's Thinking Ahead Institute finds that Australia's superannuation funds continue ... |
| | | | MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer. Robinson, who brings 20 years' experience to the role, most recently served as chief information and technology officer at Cbus. Prior to Cbus ... |
| | | | Superannuation funds will have a leg up over life insurers and banks once the federal government implements its proposal to expand financial advice. This is according to industry experts who say that super funds are in good stead to bolster the availability ... |
| | | | Senator Andrew Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear ... |
| | | | ... infiltrating a small business is around seven months, or 211 days. "This is an extremely long time for a hacker to spend inside a system, and that's before anybody even finds out," Jack said. "These hackers don't want to just go in for a quick ransom ... |
| | | | ... give them extra firepower to top up their retirement savings and make the most of the favourable tax settings in the super system. These settings are in place to help people save for retirement and ultimately take pressure off the taxpayer by reducing ... |
| | | | ... members would experience liquidity stress in meeting the new tax obligations. While it is a compulsory retirement savings system, Taylor emphasised the need to give Australians choice and flexibility with respect to how they invest their money, the risk ... |
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