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Australian retirees needs more money to maintain living standards

Super Consumer Australia says pre-retirees aged 55 to 59 living on their own now need A$425,000 to maintain standard of living. ....

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13 Worst-Performing Australian Super Funds Named Following Inaugural Test

13 Worst-Performing Australian Super Funds Named Following Inaugural Test
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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Australian Government's Superannuation Reform Bill Faces Challenges Despite Revision

Australian Government’s Superannuation Reform Bill Faces Challenges Despite Revision
The Australian government’s proposed changes to the superannuation fund performance test have faced criticism after the opposition said the Bill should not be supported following the inclusion of some controversial proposed reforms.
Treasurer Josh Frydenberg and Superannuation Minister Jane Hume released the consultation draft regulations for the new Your Future, Your Super (YFYS) reform package on April 28 as a response to the concerns voiced by the superannuation industry to 2 major changes to the fund performance test.
In the Senate Standing Committee’s on Economics report into the YSYF reform released on April 29, Labor noted that the proposed Bill would damage retirement outcomes of Australians and subject our superannuation system to risk. ....

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Scentre Group's director of technology to shift to Optus

By
Ry Crozier
on Feb 4, 2021 11:33AM
To head up new digital business unit.
Scentre Group’s director of technology Richard Webby is headed to Optus where he will lead a newly-formed business unit called Optus Digital.
“Richard will lead our digital strategy and execution across our customer touchpoints including our online channels, Optus website and our market leading My Optus App; in addition to our data, information and analytics functions,” Optus CEO Kelly Bayer Rosmarin said in a statement.
“[He] brings significant experience developing and integrating customer-facing solutions across multiple digital platforms domestically and internationally and will play a key role in driving our Digital strategy across Optus.” ....

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