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 ...
With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023....
While not having a strategic asset allocation might be ‘uncomfortable’ for some investors, the Future Fund believes its unique investment approach helps the fund capture ...
In its latest report, the corporate regulator says the deduction of advice fees has led to instances of “inappropriate erosion of members’ balances”....
Regrettably, it may be that corporate lawyers are advising trustee administration to ask for certified copies of The Will and lots of other evidence as if they were 'de facto' Deceased Estate processors, which goes far past their legal remit, when all that is basically required is (1) certified copy of Death Certificate (2) letter of instruction from the nominated beneficiary and their bank account details. However, the 'de facto' requests for additional certified documentation causes delay and to frustrate the death benefit payout and closure of the super fund account. It could an agency conflict of interest for additional marginal revenue in administration fees. The regulatory limit should be 3 weeks from when a Certified Copy of Death Certificate arrives in the Trustee's office or the money gets paid to the Tax Office which then pays the nominated beneficiary.