The Commonwealth Bank has reset key elements of the transaction around the sale of CommInsure to AIA Australia, including a $150 million reduction in the sale price....
Australia’s superannuation sector has expanded strongly over the June quarter, with assets, contributions and benefit payments all recording notable increases....
The Super Members Council (SMC) has called on the government to urgently legislate payday super, warning that delays will further undermine the retirement savings of Aust...
ASFA has highlighted that regulation should not be “set and forget” and calls for a modernised test to meet future needs....
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 ...