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Showing 1 - 10 of 2032 results for %22Australian Institute%22

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... spending their retirement money (80%). This is despite the reality that Australians' life expectancy lengthens. The Australian Bureau of Statistics estimates that men's life expectancy has reached 81.2 years for males and 85.3 years for females. ...

Non-compete clauses come under the microscope

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... uncertainty as to enforceability and the substantial costs associated with challenging or enforcing a restraint," it said. "Australian research has found that, while uncertainty impacts both businesses and workers, it weighs more heavily on workers who ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... intergenerational fairness, ensuring young people don't experience higher tax obligations to fund the Age Pension. The Australian Council of Trade Unions (ACTU) praised the Bill for enshrining "fundamental principles" of superannuation, ensuring ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... has had enough of company directors complaining about keeping up with their obligations. In a speech to the Australian Institute of Company Directors (AICD) Australian Governance Summit, Longo acknowledged there is complexity in the business world, but ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
The Financial Advice Association Australia (FAAA) has called on the Australian Taxation Office (ATO) to build upon the progress it made in its public release of revised tax deductibility guidance in December 2023. The FAAA said the ATO should further ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... 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 to cleave to equites for superior returns. The Global pension assets ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute. In its submission to the Retirement Phase of Superannuation consultation, the institute wrote that the Delivering Better ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... option, for example, had as much as $2.5 million in Honeywell, $1 million in Lockheed and as little as $60,000 in Elbit. Australian Retirement Trust, Equip Super and Catholic Super, Mine Super and TWUSUPER all had holdings in three or more of the five ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... report on regulation, which stated that businesses and individuals who develop and use AI are already subject to various Australian laws. For example, current directors' obligations under the Corporations Act are principal-based and apply broadly, as ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
From tomorrow, Australian companies with 100 or more staff must publish the median pay gap between their male and female employees. While it sounds simple enough, some experts believe corporates are not prepared for what's to come. The Workplace ...
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