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Showing 81 - 90 of 16344 results for "Superannuation"

Australian Ethical posts strong half-year result

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... flows and strong investment performance. Net flows were $259 million, up 39% from the previous period, fueled by superannuation net flows of $269 million. However, managed fund net flows experienced modest outflows of $10 million. "It is encouraging ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... deficiencies" in the current regulatory framework necessitate another FSI, with the overwhelming influence of the superannuation system on the financial sector, economy, and markets serving as a critical justification. "... the super system is now large ...

ESSSuper welcomes strategy lead

ELIZABETH FRY  |  FRIDAY, 23 FEB 2024
... capability of the insights function. "I am grateful to be part of this stellar team focused on delivering the best superannuation and retirement outcomes possible for those who serve our community."

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... this tax in the future." The federal government intends to reduce the concessions available to individuals with superannuation balances that exceed $3 million with its proposed Division 296 Tax. Already, Timms said SMSFs holding farmland property are ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Members must look beyond the "doom and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert. Presenting at the SMSF Association National ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... contributions caps announced today could mean that some Australians can have additional disposable income to contribute to superannuation, according to the SMSF Association. From 1 July 2024, the standard concessional contribution cap will increase from ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
Superannuation contribution caps will go up on July 1, after the Australian Bureau of Statistics reported an increase in average weekly ordinary time earnings (AWOTE). The ABS reported the AWOTE rose 4.5%, seasonally adjusted, in the year to November ...

Former financial adviser sanctioned by ASIC

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... provided by Jaidka, ASIC found he failed to adhere to s961B and s961G of the Corporations Act concerning self-managed superannuation fund advice. The regulator said that Jaidka didn't act in the best interests of his clients when providing financial ...

JANA wins mandate from public sector super fund

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... extensive procurement process supported independently by Deloitte, the asset consultant was awarded the mandate by the Superannuation Commission, the trustee of RBF, to help manage the public sector fund's $2.1 billion in defined benefit assets. "We ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Shadow treasurer Angus Taylor slammed the proposed doubling of superannuation tax to 30%, saying it is a blatant attack on Australians' wealth. Addressing day two of the SMSF Association National Conference at the Brisbane Convention and Exhibition ...