Your guide to how superannuation investments work. Find out how investments help you secure the best financial position in retirement.
For example, if we consider superannuation funds, there has been a significant movement within the industry towards internalization of asset management teams in recent years. This requires a large-scale adjustment and a major rethink of how teams are aligned, and which platforms they use for risk ...
Pension funds, also known as superannuation funds in some regions, are investment pools that accumulate contributions from employees, employers, or both, with the primary objective of providing retirement benefits to employees. These funds are typically managed by financial institutions, pension funds adm...
Superannuation funds Additionally, where an APRA-regulated entity's information assets are managed by a third party, the requirements in CPS 234 also apply to those information assets. CPS 234 mandates that third-party vendors processing data from APRA-regulated entities also adhere to the regulation...
An examination of the supannuation fund market reaction to the 'Choice of Fund' policy The stated aim of the Choice legislative change is to increase the efficiency and competitiveness of the superannuation industry. In this study, efficiency is measured by assessing the fund industry reaction via...
The Association of Super Funds of Australia (ASFA) estimates the average superannuation balance required to achieve a comfortable retirement would be$640,000 for a couple and $545,000 for a single person, assuming they withdrew their super as a lump sum and received a part Age Pension. ...
The emergence of sovereign wealth funds in the early 2000s as a growing pool of large, globally focused state-owned investors quickly became a concern for politicians in the United States and in Europe who were fearful of possible financial and economic malfeasance by these institutions. Underlying...
Rules in determining the necessity to audit self-managed superannuation fund; Benefits of the guide to financial advisers and accountants with clients having problems with self-managed superannuation funds; Breaches of the Superannuation Industry Act....
QuickSuper makes it easy to pay employees’ super in one single payment, no matter what super fund they belong to. Secondly, QuickSuper complies with SuperStream – this is the way businesses must pay employee superannuation guarantee (SG) contributions to super funds. And finally, it’s fast...
You'll also want to know the difference between a federal or government pension and private pensions and annuities, and how the rules change for each. The Basics of Pensions Lump Sum vs. Pension Payment: What's the Difference? By Troy Segal Updated Aug 06, 2024 Pension Vesting: Every...