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Showing 1 - 10 of 4426 results for "Super funds"

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found. The Parliamentary Joint Committee on Corporations ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during the Royal Commission. Speaking to ABC ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... entities - like insurance and superannuation - and will not be able to advise on more complex topics, like self-managed super funds or managed investment schemes. A blacklist will be prescribed in the regulations, Treasury said. It is hoped creating ...

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
... changes will make it easier for workers to manage their superannuation, reducing the need to have accounts with multiple super funds and help minimise the fees they pay, the WA government said. As such, the changes align GESB with the Your Future, Your ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... knowledge, and skills?" Swan defended the appointment, saying: "Crumlin does have extensive experience in running super funds and to characterise the experiences of the Maritime fund as reflecting on his competence is not a fair thing to do." "And if ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Super funds are proving a good case study for investing in private assets, according to Morningstar's 2025 outlook. "Australia's super funds have successfully pioneered investment in asset classes such as unlisted infrastructure and property for decades ...

Super funds set renewables targets

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... engagement between our sector and the government." This comes as a new research tool from Future Group revealed many super funds' investments are not lining up with the Paris Agreement's 1.5 degree target, despite widespread commitments to net zero by ...

Private equity, real estate spearhead unlisted assets demand

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... 44% prefer the UK and Ireland. UniSuper head of private markets Sandra Lee, who took part in the research, said the super funds' current markets investments consist of a diversified portfolio across a range of sectors, including airports, toll roads ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... benefit claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC put super funds on notice, writing to chief executives to express its concerns over death benefit claims processing times across the industry. ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... the Labor government has been slow to progress these reforms, including to improve accessibility of advice within super funds. This is unacceptable," he said. "It's almost been 700 days since the Albanese government was handed Michelle Levy's ...
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