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Showing 9761 - 9770 of 18128 results for "superannuation"

Bank complaints over TV ads seek to "stifle" competition: ISA

LAURA MILLAN  |  WEDNESDAY, 2 APR 2014
... Campo said that ISA will "continue to defend the significance of net returns as a key quality filter for judging superannuation funds and which impacts significantly on individual and aggregate retirement savings." The organisation reacted to media reports ...

US retirement assets reach US$23tr

ALEX DUNNIN  |  WEDNESDAY, 2 APR 2014
... trillion at end 2013, up 16% through the year. But while the figure, at roughly 14 times the amount in the Australian superannuation system, seems astronomical. It is actually corresponds similarly to our system when you compare population. The figures ...

ASIC to consider complaints about ISA's 'Compare the Pair'

LAURA MILLAN  |  TUESDAY, 1 APR 2014
The Australian Securities and Investments Commission (ASIC) will consider complaints about the new Industry Super Association (ISA) 'Compare the Pair' campaign, over concerns that they are "misleading." Commissioner Greg Tanzer confirmed that the regulator ...

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
... there was no "significant duplication" and said that any further "substantial" regulation around the self-managed superannuation fund (SMSF) segment was unwarranted as it was "creating artificial barriers to those wishing to control their own superannuation ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... default fund for their employees. In a submission to the Murray inquiry, CBA said that "the process to select default superannuation funds within employment awards is unnecessary." Under the current system, employers choose a default superannuation fund ...

SPAA and Macquarie to investigate SMSFs

STAFF WRITER  |  MONDAY, 31 MAR 2014
The SMSF Professionals' Association of Australia (SPAA) and Macquarie will investigate SMSF business models in a newly launched survey that is targeting financial advisers, accountants, administrators and stockbrokers. The findings of the survey will ...

Cbus first industry fund to get Lonsec rating

MARK SMITH  |  MONDAY, 31 MAR 2014
Cbus Super has received a 'Recommended' rating from retail ratings house Lonsec, a first for an industry superannuation fund. Lonsec has assigned the rating to all Cbus investment options including the Cbus default option -- Cbus Growth (Cbus MySuper) ...

Industry heralds government capital recycling plan

MARK SMITH  |  MONDAY, 31 MAR 2014
... state governments to incentivise asset sales which have the potential to boost the economy has been welcomed by the superannuation industry. The federal government wants to encourage states to sell businesses and other assets and reinvest the freed capital ...

Less than 15% meet ASFA standard of retirement savings

LAURA MILLAN  |  MONDAY, 31 MAR 2014
Less than 15% of Australians aged 40 to 64 meet the standard set by Association of Superannuation Funds of Australia (ASFA) for retirement savings, according to a survey by Towers Watson and the University of Melbourne. The research has determined that ...

Individual cover through super, key to insurance recovery

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
... for the insurance industry lies in encouraging consumers to enhance their default life risk cover within their superannuation, MetLife and Financial Services Council (FSC) research has concluded. "The real challenge for the industry is to get onto the ...