Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 520 results for %22Super Package%22

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including self-managed super funds, trusts and individual investors had expressed interest in the class action. With only 600 enrolments needed for the action ...

Class bolsters tech team

ALLY SELBY  |  TUESDAY, 4 AUG 2020
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate. Jarrod Yates and Glen MacLarty have been appointed as head of technology product and NextGen respectively ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... Accenture, found consumer spending in Australia was up 17%. However, so much of this increase came from people taking out their super and receiving bonus $750 payments that without these stimulus measures there would have actually been a decrease in ...

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Industry super owned IFM Investors has a plan for infrastructure investing that it says could save the Australian economy from COVID-19. The $140 billion investment manager owned by 27 industry funds has proposed the Building Australia Model as a means ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... text message or e-mail stating that your myGov details have been changed, or that you have applied for early release of super and you have not, don't ignore these messages: check your myGov, call the ATO or your super fund to make sure your identity ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
... "These results mean that despite the impact of the CFC on the real economy, its impact on returns of diversified default super funds is relatively subdued," Rainmaker said. "The MySuper index has fallen back only to where it was 12 months ago." Rainmaker ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... Australia will not be easy," he said. "The impact of COVID-19, in addition to account consolidation, the protecting your super package and other pressures, will accelerate the challenges for some funds, especially as billions of dollars have already ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... April LFS which showed employment fell 'only' 594k m/m (albeit still a record fall)," UBS said. The JobKeeper package had also made surprising headways in keeping Australians in jobs, it said, helping the fall in employment to be offset by a ...

Majority of ERS applications from low balance accounts: AMP

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... reduced across many industries." Bourguignon encouraged all Australians to make an informed decision when accessing their super early, and said they should speak to their superannuation provider and take advantage of the information resources available. ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... draft legislation. The decision was welcomed by financial advice and superannuation advocacy bodies. The Association of Super Funds of Australia labelled the move as pragmatic and sensible, given the pandemic has placed additional demands on super funds ...