The latest issue of Financial Standard now available as an e-newspaper
|Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...|
|Industry Super Australia has announced Maritime Super has ended its association with the industry lobby group.|
|Retail superannuation funds from AMP, Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia.|
|After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund.|
|Australia's total superannuation assets ended June 2021 with $3.3 trillion, 14.7% higher than a year ago.|
|Only 14% of older Australians have prepared for their aged care costs, according to a joint survey from Challenger and National Seniors Australia.|
|According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter.|
|New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds.|
|A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members.|
|Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests.|
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The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%.
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The House of Representatives Standing Committee on Tax and Revenue has released a report aimed at overhauling Australia's corporate bond market.
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Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion.
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Share trading platform Superhero will take the $40 million it has raised this year to expand into New Zealand by mid-2022.
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