ISA calls for Govt funded $5,000 boost to super balances of low income workers, to allow compounding interest to grow retirement savings. ...
The retirement system in Australia needs to be completely reworked with wholesale changes instead of piece-meal efforts, according to CEDA....
Assistant Treasurer Josh Frydenberg said the Government still plans to open the default super system and is pushing to define intra-fund advice....
Industry funds have rejected recent amendments to proposed board governance rules citing legal advice that states current law and regulation covers the issue....
Consumers are losing confidence in bank-based superannuation and bank-boards to act in their interest following the recent concerns around financial advice....
Pension transfers from as far back as 2006 may be examined by UK tax authorities due to concerns over inappropriate use of funds....
ASFA has called on Treasury to find a solution to UK pension transfers being blocked to Australian super funds, citing it as a matter between national governments....
Median institutional Australian share fund managers produced a stable return of 6.9 per cent for the past financial year but were left behind by global managers who perfo...
APRA’s view of cloud-based services at odds with business realities, claims online service provider....
Immediate action around the global asset management sector is not required as they pose limited risks to global financial instability and should not be compared with the ...
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...
Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...