Default pension could leave retirees worse off: Aware Super
This goes against suggestions flagged by Treasury and pushed for by rival funds that older customers could be defaulted into retirement products this week.
Source: afr.com
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FDI Proposals: Out of Rs 1 lakh cr worth of FDI proposals from nations sharing land border with India, half is cleared |
The government has received foreign direct investment (FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far. Learn more about India's FDI proposals from nations sharing land border.
Source: indiatimes.com
Payday super protects most vulnerable: SMC
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners.
Source: financialstandard.com.au
Australian industry group names most responsible super funds
RIAA, which assessed 53 superannuation funds in its annual study, says the ten top ones “commit to good governance and accountability”.
Source: asiaasset.com
ASX 200 LIVE: ASX to fall, RBA expected to hold
Australian shares are set to open lower, tracking Wall Street’s tech sell-off. RBA rate call at 2pm. Gold reverses. Bitcoin leaps. Follow update here.
Source: afr.com