Podcasts about superannuation funds

Tuesday Headlines: PM to announce block on data centres near homes and schools Family of murdered Thai teen respond to alleged Australian killer’s comments from behind bars Trump Administration announces economic 'D-day' on Iran as Tehran announces $10m bounty for Barron Trump World’s oceans record hottest temperature on record Specialist cargo ship arrives to remove SpaceX rocket from Christmas Island Deep Dive: Pauline Hanson says Australia's superannuation system is broken. Senior Liberal Andrew Bragg has branded compulsory super a "loss of liberty." Suddenly, the four trillion dollars of retirement savings sitting in Australians' names is the subject of a political brawl - with the Treasurer vowing to defend the system all the way to the next election. So is super actually failing us - or quietly doing more than its critics admit? In this episode of The Briefing, Chris Spyrou is joined by Mary Delahunty, CEO of the Association of Superannuation Funds of Australia to unpack where your 12% really comes from and why it's locked away for decades. Mary also makes the case against raiding super for a house deposit - and reveals the lessons COVID taught us about who gets hurt when the rules loosen. Follow The Briefing: TikTok: @thebriefingpod Instagram: @thebriefingpodcast YouTube: @TheBriefingPodcast See omnystudio.com/listener for privacy information.

澳洲退休公積金協會 (Association of Superannuation Funds of Australia; ASFA) 三年以來，再次提高舒適退休所需的退休公積金儲蓄，並表示政府提供的養老金 (aged pension)，跟不上生活開支的增幅，退休人士要更依賴儲蓄生活。

See omnystudio.com/listener for privacy information.

Deanne Stewart is CEO at Aware Super, an Australian superannuation fund with over 200 billion AUD in assets under management and the third largest superannuation fund in the country. She has held this role for close to seven years, and was previously Chief Executive Officer at MetLife in Sydney, and prior to that, held a series of financial services roles.Because Deanne is no stranger to podcasting (you can see a range of her other appearances below) we wanted to pick up where some of the other podcasts had picked up and we start by asking what it was about her varied roles - what she calls a "grab bag of experiences - in asset management, life insurance and management consulting that shaped her leadership style and approach at the helm of Aware Super. We reflect on what she seeks to channel as a leader, and Deanne highlights the importance of curiosity about her team, ideas, approaches, and about listening and plugging in to "learning mode".Moving to discuss the priorities now at Aware Super, we discuss their strong ethos around essential workers, and how this translates into a twin focus on achieving the required return but also channeling the responsible ownership ethos that is important to their mission. We discuss recent acquisitions and the consolidation going on within the Australian superannuation fund environment and the need to find global investment opportunities as the funds under management grow.You can find more podcasts featuring Deanne here:Leadership Series with Helen McCabe https://podcasts.apple.com/us/podcast/deanne-stewart-on-the-pivotal-moment-that-shaped-her-career/id1469503665?i=1000703776587Top CEO Series, The Mentor with Mark Bouris https://open.spotify.com/episode/0R0hHl3Q6wfdaBb4JI5WNd?si=K5CBUkSiRSGyfE8dMGQ2qABlenheim Partners https://blenheimpartners.com/episode-109-deanne-stewart/Series 5 of 2025 is kindly sponsored by Diamond Hill. Diamond Hill invests on behalf of clients through a shared commitment to its valuation-driven investment principles, long-term perspective, capacity discipline and client alignment. An independent active asset manager with significant employee ownership, Diamond Hill's investment strategies include differentiated US and non-US equity, alternative long-short equity and fixed income

The costs of retirement are on the rise, with couples needing around $700,000 when they stop working to fund a comfortable life.See omnystudio.com/listener for privacy information.

Mary Delahunty is doing things on LinkedIn that would terrify most CEOs.But as CEO of ASFA (the Association of Superannuation Funds of Australia), Mary knows the story is not about her - it's about her members. So when an idea strikes - and it's something that matters to members - whether she's just back from yoga on a weekend or not, Mary rushes to her whiteboard, sets up her smartphone, and captures her views in a natural, direct-to-camera video.And, boy, is it effective.In this episode of Your Digital Reputation, host Roger Christie explores Mary's "strategy" behind her video efforts, the wonderful response she's had from her community, and how just being herself online has made ASFA more visible, approachable and trusted by the sector.Tune in to hear about Mary's honest reflections on her journey to date, and her encouragement to those who worry that being less polished means more risk, even as CEOs.TIMESTAMPS:00:06:05 - Communicating YOUR way00:10:44 - Message over the messenger00:12:06 - Formal vs flexible content creation processes00:17:05 - The role of CEOs as ambassadors00:25:25 - The power of authenticity in building trust with audiences00:28:27 - Approachability, community and engagement00:34:27 - Why turning up as yourself online is the best strategy00:37:31 - Online efforts building offline trustSUBSCRIBE FOR REGULAR INSIGHTSTo sign up to Roger Christie's regular newsletter, head to: https://www.propelgroup.com.au/subscribeCONNECT WITH ROGER CHRISTIEHave a question, feedback or want to connect with Roger? Head to: https://www.linkedin.com/in/rogerchristie/ Hosted on Acast. See acast.com/privacy for more information.

Discover how Australian crypto investors are utilising self-managed super funds (SMSFs) to gain greater control over their retirement savings. In this episode, SMSF specialist Natalia Clack explains the benefits and risks of holding digital assets like Bitcoin in your super, how to do it compliantly, and what the proposed $3 million unrealised capital gains tax could mean for your future. Essential listening for anyone serious about managing their own retirement and crypto portfolio.We cover:What an SMSF is and who it suitsHow crypto can be stored compliantly within an SMSFWhat you can and can't do with Bitcoin in your superThe risks, compliance burdens, and audit requirementsWhy the $3M tax threshold could be devastating for someHow to plan ahead, and whether family trusts may offer a better future pathIf you're an Australian investor serious about managing your retirement and incorporating crypto into your long-term strategy, this is a must-watch. Contact Natalia at https://bit.ly/441p6Vr

The nation's biggest Superannuation fund has been fined almost 30 million dollars - after failing to merge members duplicate accounts. Hamas is being slammed after switching out the body of an Israeli mother in a hostage handover AND Charges have been dropped against three of the people linked to 1D star Liam Payne's death. See omnystudio.com/listener for privacy information.

The nation's biggest Superannuation fund has been fined almost 30 million dollars - after failing to merge members duplicate accounts. Hamas is being slammed after switching out the body of an Israeli mother in a hostage handover AND Charges have been dropped against three of the people linked to 1D star Liam Payne's death. See omnystudio.com/listener for privacy information.

The nation's biggest Superannuation fund has been fined almost 30 million dollars - after failing to merge members duplicate accounts. Hamas is being slammed after switching out the body of an Israeli mother in a hostage handover AND Charges have been dropped against three of the people linked to 1D star Liam Payne's death. See omnystudio.com/listener for privacy information.

Do you ever wonder if you have enough superannuation? This episode is your no-stress guide to checking your super balance, setting clear goals, and taking simple steps to secure your future. It's packed with practical tips to help you feel confident about your retirement savings—no jargon, just straight answers.    Here's what you'll learn  ❓ How much super do you need? Get clear on your retirement goal with benchmarks like the Association of Superannuation Funds of Australia (ASFA) standards. 

澳洲退休公積金協會（Association of Superannuation Funds of Australia）發布最新數字顯示，只有大約三分之一的澳洲人靠退休公積金結餘來過舒適的退休生活。

As we enter yet another round of the superannuation debate, I note it was led off last week by a group that wanted what they termed a “top up“, i.e. a pay rise for those who couldn't save.  You can see how fraught that concept is from the get go.  Why couldn't you save? You had 40 years. Actually, that's another aspect of this whole mess that's changed.  Do you have 40 years? Or 50 years? People work longer so surely a chance to save more?  Superannuation fits an almost unique category of topics that is so entrenched it won't change.  It's a futile exercise. A few bring it up, only to be beaten down by the time-honoured belief that, for whatever reason, if you get to 65 you are owed something by the state if you paid your taxes.  Of course, your taxes have been well and truly spent. For most people, whatever you handed over is long gone and in that is one of the great sadnesses of the New Zealand economic story.  We have very few net creditors, but a lot of net debtors.  People who actually pay more to the system than take from it are rare indeed.  When I started work in 1982, I took out a scheme whereby if you put a few dollars a week aside you would become a millionaire by the time you got to 60. I had completely forgotten about it, mainly because I stopped paying because I worked out it was bollocks.  I was reminded the other night when a text came through from an old girlfriend who had, when we were together, taken out her own but had stuck with it.  40 years later she was to collect $106,000.  Not quite a millionaire and not really a stunning return on investment.  But what I had worked out all those years ago was the Government were not to be part of my retirement. Why would they be?  Governments let you down. Governments change rules and have their own interests at heart, not yours.  So I sorted myself. Am I lucky? Not really.  Did I work hard? Yes.  Do I care what the retirement age is? No.  Do I care what the rules are? No.  That's the value of charting your own course and not being beholden to overlords. See omnystudio.com/listener for privacy information.

Donald Trump's former communications adviser Anthony Scaramucci is backing US Vice President Kamala Harris to win November's presidential election. However, he's warned that Republican contender Donald Trump is a dangerous man and there will be problems for the world if the former president wins. Mr Scaramucci briefly worked for Mr Trump before being sacked in 2017. The US investor runs hedge fund SkyBridge Capital and he was in Australia this week to attend the Association of Superannuation Funds investment summit. He says the US central bank has waited too long to cut official interest rates and that's put the US economy at risk of a recession. But Mr Scaramucci told reporter Sue Lannin that he expects three US rate cuts this year.

The 2024 financial year proved a good one for superannuation funds with the median growth fund - which has between 61 and 80 per cent of funds in growth assets - returning 9.1 percent, That is about the same as the previous year, and well above the target for most super funds. It is the 13th positive return in 15 years, but can it continue? Mano Mohankumar, Chant West Senior Investment Research Manager, reveals that the strong returns were boosted by international investment and the high performing tech sector, with both retail and industry funds performing well.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

You've probably never heard of GROW Super or GROW Inc. And that's just the way co-founder and CEO Mathew Keeley likes it. But GROW Inc is solving some of the logjam problems in the “back office” administration of our massive Superannuation Funds. GROW Inc instigated a new way for Superannuation fund customers like you and I, to better access and engage with our Super Funds, by creating and building an innovative administration software using blockchain, or Distributed Ledger Technology. GROW Inc claims its platform transforms legacy systems and business models and allows fund managers and their funds to offer more streamlined, real time information to customers about their Super. So how did a 5th generation farm boy, end up revolutionising the way Superannuation Funds interact with clients and members, giving as easy an experience for fund members as Amazon gives their online shoppers? And how the heck did Mat Keeley, with a tiny team of only 36 employees at the time, persuade one of the world's biggest wealth managers, the US giant Vanguard – with something like $10 Trillion in their care – to take a punt on his Super fund “back office” platform GROW Inc?  Well, tune in right now and you'll find out. Enjoy Mathew Keeley's extraordinary journey with GROW Inc.See omnystudio.com/listener for privacy information.

According to a recent report by the Association of Superannuation Funds of Australia (ASFA), Australians from non-English speaking backgrounds experience a substantial superannuation gap. The analysis indicates that, on average, these individuals are about $140,000 worse off in retirement compared to those who are fluent in English. Financial Advisor Deepak Bansal examines the underlying causes of this disparity and offers guidance on effective future planning strategies.

RTBU branch secretary Vik Sharma joined Heidi Murphy on 3AW Drive to talk about the class action launched today in conjunction with Gordon Legal. See omnystudio.com/listener for privacy information.

Australia's housing crisis is at its worst. Many young people are unable to buy houses. Due to this, the Australian opposition has proposed to provide money for the initial deposit required to get houses from the Superannuation Fund. While this is a relief to first home buyers, it also has the potential to create a host of problems. Listen to SBS sinhala podcast for more information. - ඔස්ට්‍රේලියාවේ නිවාස අර්බුධය ඉතාම උග්‍ර තත්වයක පවතී. බොහෝ තරුණ පිරිස් වලට නිවාස මිලදීගැනීමට නොහැකි තත්වයක් උද්ගත වී තිබේ. මේ හේතුවෙන් ඕස්ට්‍රේලියානු විපක්ෂය Superannuation අරමුදලෙන් නිවාස ලබාගැනීමට අවශ්‍ය මූලික තැන්පතුව සඳහා මුදලක් ලබා දීමට යෝජනා කර තිබේ. මෙය පළමු නිවාස ගැනුම් කරුවන්ට යම් සහනයක් වනවා සේම මේ නිසා විශාල ගැටළු ප්‍රමාණයක් නිර්මාණය වීමේ හැකියාවද පවතී.

Interview with Natalya Сlack, an expert in the Self-Managed Superannuation Funds, about the increase in the number of deceptions and the most common types of fraud in the field of self-managed pension funds (SMSF). - Интервью с Натальей Клак, экспертом в области Self-Managed Superannuation Fund, об увеличении числа обманов и о самых распространенных видах мошенничества в сфере самостоятельно управляемых пенсионных фондов (SMSF).

Retirement is a phase of life that many of us eagerly look forward to. It's a time to slow down, relax, and pursue our passions. But with the rising cost of living, it's essential to make sure that our retirement savings can fund the life we've been dreaming about.  In the second instalment of our new Q&A series, Australian Retirement Trust Member Education teammates April Smith and Kane Everingham answer our top 10 most asked retirement questions and provide valuable insights and tips to help you retire well with confidence. So, whether you're just starting to plan for retirement, or already in the thick of it, watch or listen now to learn how to make the most of your super and enjoy the retirement you deserve.  QUESTIONS  1:40 What age can I retire?  3.33 How much super do I need to retire?  7.23 How do I know if I'm on track?  9.33 What can I do if I'm not on track?  9.40 What are some ways I can grow my super?  10.53 What rules are there for accessing your super?  12.21 Should I fully retire or semi-retire?  14.25 How does a transition to retirement account work?  15.47 What's a transition to retirement strategy?  17.02 Is it easy to plan your retirement yourself?  18.28 (Bonus question) Where to next?  IF YOU LIKED THIS EPISODE, YOU MAY LIKE:  Five easy ways to grow your super today  How much super you need to retire – and how to get it  Transition to retirement – your guide to accessing your super while still at work  RECOMMENDATIONS:  Association of Superannuation Funds of Australia Retirement Standard via SuperGuru.com.au  Australian Retirement Trust Retirement Forecaster    FOLLOW SUPER INSIDER on Apple Podcasts and Spotify    GET IN TOUCH:  We'd love your feedback for Super Insider including topics or questions you'd like us to cover in future episodes. Please email us at podcast@art.com.au                                       CREDITS:  Host: Anne Fuchs, Australian Retirement Trust Executive General Manager of Advice, Guidance and Education.  Guests: April Smith, Member Education Officer, Kane Everingham, Team Leader Member Education    This information and all products are issued by Australian Retirement Trust Pty Ltd ABN 88 010 720 840 AFSL No. 228975, the trustee of the Fund, Australian Retirement Trust ABN 60 905 115 063. Any reference to "QSuper" is a reference to the Government Division of the Fund. This is general information only and does not take into account the investment objectives, financial situation or needs of any particular individual. You should consider if the information is appropriate to your own circumstances before acting on it. You should also consider the relevant Product Disclosure Statement (PDS) before deciding to acquire or continue to hold any financial product and also the relevant Target Market Determination (TMD). For a copy of the PDS or TMD, please phone 13 11 84 or go to the Australian Retirement Trust website at art.com.au/pds or for QSuper products visit qsuper.qld.gov.au/pds or call us on 1300 360 750 for a copy. 

SBS Russian spoke to accountant Natalia Clack about the most common misconceptions about pension funds, and the pros and cons of using a Self-Managed Superannuation Fund (SMSF) to buy property. - SBS Russian погвоорили с Натальей Клак, экспертом в области Self-Managed Superannuation Fund, самостоятельно управляемых пенсионных фондов.

In this special episode, we are featuring That Digital Show. In Australia, every employee is required to select their superannuation fund of choice to help them invest a portion of their income. Having celebrated its 40th anniversary recently, UniSuper, one of Australia's largest superannuation funds, is committed to delivering value and efficiency for its members. Started as a fund for the higher education and research sector, it has now opened its platform to all industries across the country. Today, UniSuper invests more than $120 billion on behalf of more than 620,000 members. With the new Treasury Laws Amendment Act 2021, Your Future, Your Super, that aims to improve the outcome of superannuation funds for Australians, UniSuper decided to undergo a data centre transformation, taking on an 80/20 rule on cloud hosting and adopting the right digital technologies to improve its performance and portfolio. In this episode, Angelo talks about how Google Cloud VMware Engine (GCVE) underpins UniSuper's shift to the cloud as it moves existing VMware-based workloads from on-premises data centers to the cloud. This enables the organization to quickly scale up while having the flexibility and agility it needs to drive operational efficiencies as it continues to deliver the best returns for its customers. He also shares how the COVID-19 pandemic presented him with some crucial moments of thought that have resulted in some of the changes in best practices across the organization today. Angelo Furina, Head of Enterprise Infrastructure & Cloud Angelo is the Head of Enterprise  Infrastructure and Cloud at UniSuper and is passionate about business transformation and bridging the gap between technology and business strategy. With more than a decade of industry experience, Angelo has delivered technology solutions across manufacturing, telecommunications, media and finance.  Theo Davies Theo is the Head of Cloud Sales Excellence & Productivity at Google Cloud. He is a record-breaking salesperson, sales leader, coach and speaker with a 20+ year career beginning in sales. Theo is also the President of the Google Public Speaking Academy.  

Assistant Treasurer Stephen Jones on what super funds need to do; what will the RBA do about interest rates and a cautionary tale about business expenses.

How much money do you need to retire?  It's a question we get a lot here at Money Magazine - I mean a lot! The latest numbers are out from The Association of Superannuation Funds of Australia (ASFA) on how much you need in your super account to retire well. This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with Virgin Money Super's general manager, Christopher Sozou, about the facts and figures of retirement. Contributions vs earnings Is super a good investment nest egg? What's the magic number needed to retire? What if I don't own a home? Accumulation vs pension phase Where to get advice? Links: virginmoney.com.au superannuation.asn.au *Our thanks to Virgin Money Super for sponsoring this podcast **Figures quoted in the podcast are updated frequently on the ASFA website #friendswithmoney #supernumbers #michellebaltazar #virginmoneysuper #virginmoneyau Listen on Apple Podcasts: https://apple.co/3mV0Cbr   Listen on Google Podcasts: https://bit.ly/3qGfsoL Listen on Spotify: https://spoti.fi/3fSPI2h Website: https://moneymag.com.au Email: podcast@moneymag.com.au Youtube: Podcast playlistSee omnystudio.com/listener for privacy information.

GUEST 1 OVERVIEW: Dr Daniel Mansfield is an award-winning educator with an interest in Babylonian mathematics. He enjoys teaching and solving ancient mathematical mysteries. His awards include:  - 2021 Science Staff Excellence Awards - Highly Commendable Recognition in the category of Communication Impact - 2018 Australian Mathematical Society Teaching Award (Early Career) - 2017 KPMG Most Inspiring Lecturer in First Year GUEST 2 OVERVIEW: Steve Blizard is an Authorised Investment Adviser with Roxburgh Securities & a Life Broker with Investwest Life Brokerage / MyWealth Concierge. Roxburgh Securities manages over $200 Million in Superannuation Funds, specialising in family Self-Managed Super Funds. Steve's experience ranges from administration of Superannuation to advice regarding insurance, retirement, aged care costs, remuneration and investment planning. For many years Steve has been involved with drug rehabilitation counselling at Shalom House (Perth/Kalgoorlie/Melbourne), mentoring men of all ages.

Salaried employees start their investment journey right after their first employer opens an EPF account for them. EPF investment alone cannot be enough. There are other investment tools such as VPF, NPS and superannuation funds that must be considered. Catch Aprajita Sharma of Mint Money in a discussion with Anurag Jain, co-founder & partner at ByTheBook Consulting LLP to hear practical aspects of retirement portfolio.

The departing CEO of the New Zealand Superannuation Fund questions its tax status. Inland Revenue announces a review of the rules relating to the donation tax credit. A new policy framework for managing debt owed to the government PREFU's $5 billion hole in the government books no one is worried about

The outgoing New Zealand Superannuation Fund CEO has slammed the near-$10 billion tax bill as 'nonsensical'. Matt Whineray believes the Superannuation Fund should have tax immunity status, according to an exit interview.  NZME business commentator Fran O'Sullivan says the next Government will need to make choices about the state of the fund. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The outgoing New Zealand Superannuation Fund CEO has slammed the near-$10 billion tax bill as 'nonsensical'. Matt Whineray believes the Superannuation Fund should have tax immunity status, according to an exit interview.  NZME business commentator Fran O'Sullivan says the next Government will need to make choices about the state of the fund. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Federal Government has adopted 14 of the 22 recommendations in the Quality of Advice Review including expanding the scope of advice to superannuation funds in a move designed to improve access and reduce the cost of advice for consumers, but what will this mean for consumer protections? SBS Finance Editor Ricardo Gonçalves speaks with ASFA CEO Glen McCrea to find out more, plus the day on the markets with Josh Gilbert from eToro.

The Federal Government has adopted 14 of the 22 recommendations in the Quality of Advice Review including expanding the scope of advice to superannuation funds in a move designed to improve access and reduce the cost of advice for consumers, but what will this mean for consumer protections? SBS Finance Editor Ricardo Gonçalves speaks with ASFA CEO Glen McCrea to find out more, plus the day on the markets with Josh Gilbert from eToro.

Glen McCrea, CEO, Association of Superannuation Funds of Australia speaks with Matthew Pantelis and explains the new figures showing how much you will need to retire with.See omnystudio.com/listener for privacy information.

CLIMATE ACTION SHOW March 20th 2023Produced by Vivien Langford H E L L  O N  E A R T HAccording to Australian Climate Scientist , the late Professor  Will Steffen, we are risking billions of deaths and hell on earth. Tipping points are tipping and this generation will determine the fate of life on earth in all its bio-diversity. Let's convince Super funds that there is nothing better to invest your money in than the continuity of life. Tell them how to vote at the next bank AGM.  Guests :Pablo Brait  - Market Forces- https://www.marketforces.org.au/were-your-retirement-savings-used-to-block-climate-action/Fahimah, Chris, Bubbly and Manjot -  Move Beyond Coal - https://www.movebeyondcoal.com/who_we_are(link is external)Naomi Klein - The Intercept on Cop 27https://theintercept.com/2022/10/04/cop27-egypt-climate-summit/(link is external)https://www.theguardian.com/environment/2022/oct/18/greenwashing-police-...(link is external)Ineza Grace from Rwanda - The African COP -https://theelders.org/news/loss-and-damage-financing-will-mean-there-hop...(link is external) Birdsong from Botswana and Ballad sung by Robert Farmer: The coal owner and poor pitman's wife.News from  Environs Kimberley and The Beetaloo Basin WHITEHAVEN AGM /MOVE BEYOND COALORIGIN MOVES SLIGHTLY AWAY FROM GASThe Climate Action groups co operating with Move Beyond Coal are  the best of civil society. Some of those working for years to alert  us to the danger of new coal and gas projects  are 350 Pacific, Pacific Climate Warriors , lock the gate alliance, School strike4Climate, SAPNA South Asian  Climate Solidarity, Green Left, Doctors for the Environment, ARRCC, The sum of us and many more. They gathered outside The Mint in Sydney on Oct 26th for the Whitehaven Coal Company's AGM. Proxy shareholders inside proposed that Whitehaven use windfall profits  to manage down its mines and ensure the transition of the workforce. Later that day Market Forces sent us a message that MANY more shareholders this year supported the resoluion. Pablo Brait  explains  how this happened.Meanwhile Origin Energy is withdrawing from its gas exploration in the Kimberley WA according to Environs Kimberley and from the Beetaloo Basin in NT according to ABC.https://www.environskimberley.org.au/https://www.abc.net.au/news/2022-09-20/nt-origin-quitting-beetaloo-proje...(link is external) As Pablo says the trend away from coal at least is clear but it is all too slow. If  you are a member of a Superannuation Fund it will have shares in the big banks. It's a simple thing to ring your fund and ask them to support the Market Forces resolution at this year's AGM for NAB, Westpac or ANZ.CHECK it out here: https://www.marketforces.org.au/were-your-retirement-savings-used-to-block-climate-action/CBA shareholders have mostly voted against the resolution already so  lets pull out the stops: https://www.marketforces.org.au/tag/cba/ 

In Episode 109 of the No Limitations podcast The Fear of Going Into the Unknown, Blenheim Partners' Gregory Robinson speaks to Deanne Stewart, Chief Executive Officer of Aware Super, one of Australia's leading superannuation funds with over 1.2 million members and $155bn in funds under management. Driven by the aim to help their members achieve the retirement they want and deserve while supporting the communities in which they live, work and retire, Deanne shares with us what's on the mind of an industry fund leader in 2023. Greg and Deanne discuss the challenges and opportunities in Australia's unique system, adapting to the ever-changing social landscape and some of the most exciting technological changes Australia's superannuation industry is about to witness. Deanne also serves as a Director of the Association of Superannuation Funds of Australia, the Australian Council of Superannuation Investors and non-profit organisation Redkite. She was previously Chief Executive Officer of MetLife Australia and before that held senior roles within BT Financial Group and Merrill Lynch Investment Management in New York.   Please note: this episode was recorded on 7 February 2023.  See omnystudio.com/listener for privacy information.

When can you retire and how much super will you need to live comfortably? This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with Jeremy Lack, Financial Advisor at TelstraSuper, about retirement, Super, and the age pension. In this episode, we talk about: What is the retirement age? How much Super do you need to retire? Who can access the age pension? How to make the most of your Super Links: The Association of Superannuation Funds of Australia (ASFA) TelstraSuper Australian Age Pension #friendswithmoney #telstrasuper #jeremylack Listen on Apple Podcasts: https://apple.co/3mV0Cbr   Listen on Google Podcasts: https://bit.ly/3qGfsoL  Listen on Spotify: https://spoti.fi/3fSPI2h  Website: https://moneymag.com.au  Email: podcast@moneymag.com.au    Jeremy Lack is a financial adviser with TelstraSuper Financial Planning ABN 74 097 777 725 and AFS Licence No. 218705. TelstraSuper Financial Planning provides the financial advice service to members of TelstraSuper. Advice that Jeremy gives is of a general nature and does not take into account the particular circumstances or needs of any specific person. Before you buy any TelstraSuper financial product, you should read the product disclosure statement and the target market determination available on the Fund's website and consult a licensed financial adviser.See omnystudio.com/listener for privacy information.

CLIMATE ACTION SHOW NOVEMBER 7TH 2022Produced by Vivien Langford H E L L  O N  E A R T HAccording to Australian Climate Scientist Professor  Will Steffen, we are risking billions of deaths and hell on earth. Tipping points are tipping and this generation will determine the fate of life on earth in all its bio-diversity. Let's convince Super funds that there is nothing better to invest your money in than the continuity of life. Tell them how to vote at the next bank AGM.  Guests :Pablo Brait  - Market Forces- https://www.marketforces.org.au/were-your-retirement-savings-used-to-block-climate-action/Fahimah, Chris, Bubbly and Manjot -  Move Beyond Coal - https://www.movebeyondcoal.com/who_we_areNaomi Klein - The Intercept on Cop 27 https://theintercept.com/2022/10/04/cop27-egypt-climate-summit/https://www.theguardian.com/environment/2022/oct/18/greenwashing-police-state-egypt-cop27-masquerade-naomi-klein-climate-crisisIneza Grace from Rwanda - The African COP -https://theelders.org/news/loss-and-damage-financing-will-mean-there-hope-climate-justiceMusic from Egypt - Oum Kalthoum and Birdsong from BotswanaNews from  Environs Kimberley and The Beetaloo Basin WHITEHAVEN AGM /MOVE BEYOND COALORIGIN MOVES SLIGHTLY AWAY FROM GASThe Climate Action groups co operating with Move Beyond Coal are  the best of civil society. Some of those working for years to alert  us to the danger of new coal and gas projects  are 350 Pacific, Pacific Climate Warriors , lock the gate alliance, School strike4Climate, SAPNA South Asian  Climate Solidarity, Green Left, Doctors for the Environment, ARRCC, The sum of us and many more. They gathered outside The Mint in Sydney on Oct 26th for the Whitehaven Coal Company's AGM. Proxy shareholders inside proposed that Whitehaven use windfall profits  to manage down its mines and ensure the transition of the workforce. Later that day Market Forces sent us a message that MANY more shareholders this year supported the resoluion. Pablo Brait  explains  how this happened.Meanwhile Origin Energy is withdrawing from its gas exploration in the Kimberley WA according to Environs Kimberley and from the Beetaloo Basin in NT according to ABC.https://www.environskimberley.org.au/https://www.abc.net.au/news/2022-09-20/nt-origin-quitting-beetaloo-project-may-signal-gas-decline/101454668 As Pablo says the trend away from coal at least is clear but it is all too slow. If  you are a member of a Superannuation Fund it will have shares in the big banks. It's a simple thing to ring your fund and ask them to support the Market Forces resolution at this year's AGM for NAB, Westpac or ANZ. CHECK it out here: https://www.marketforces.org.au/were-your-retirement-savings-used-to-block-climate-action/CBA shareholders have mostly voted against the resolution already so  lets pull out the stops: https://www.marketforces.org.au/tag/cba/    

When we are heading towards retirement there are ways we can access our superannuation fund. Mr Renganathan who is a Tax Accountant in Brisbane explains about the rules and regulation behind accessing superannuation at our retirement. Program produced by Selvi.

Today we'll be discussing digital transformation, what it means for trustees, why it is important, the role of change management and much more Guest Chris Randle, Principle Consultant at IQ Group Host Garry West, Senior Manager, Media and Communications, AIST

The financial regulator, The Australian Prudential and Regulatory Authority (APRA), has revealed five superannuation funds have failed its annual performance test. Four out of those five have failed for the second time. - எமது ஓய்வூதியமான Superannuation கணக்குகளைப் பராமரிக்கும் ஐந்து நிறுவனங்களின் செயற்பாடுகள் அதன் கட்டுப்பாட்டு தரங்களுக்கு செயல்படவில்லை என்று நிதி சேவைகள் வழங்கும் நிறுவனங்களைக் கண்காணிக்கும் ஆஸ்திரேலிய நிதிச் சேவைத் துறையின் கட்டுப்பாட்டாளர் - The Australian Prudential Regulation Authority, சுருக்கமாக APRA, அறிவித்துள்ளது.

Was I the only person in the country taken by complete surprise yesterday when Finance Minister Grant Robertson announced that the Government is going to spend $2.1 billion to buy Kiwibank? $2.1 billion. And even then people in the banking and finance sector are saying that it won't mean much because, for Kiwibank to live up to its true potential, it needs a whole lot of investment if it's going to become a genuine competitor with the big Australian banks. Which is something the Government says it might do but I'll believe that when I see it, because I don't see a government-owned bank being a vote-catcher - and if something isn't a vote-catcher then, generally, it goes nowhere. A banking specialist at Victoria University Wellington, Martien Lubberink, is mystified as to why the Government would want to own a bank. He's saying today that we're funding a very risky, probably non-viable institution, which "is not great, if you ask me”. And I couldn't agree with him more. In fact, “not great” is putting it mildly. What I'd say about it, is that it's just another example of the current government letting ideology rule its thinking. Because, apparently, the SuperFund wanted to take a bigger stake in Kiwibank providing it had the flexibility to allow private investors to get in on the action. But the Government wasn't going to have a bar of that. Grant Robertson couldn't bring himself to let that happen and so he's reached down the back of the chair, found a couple of billion dollars and announced that the Government will buy it outright. That's if the Reserve Bank gives it the nod. But I don't think the Government would be announcing this if that part of it was anything more than a formality. So it will happen and the Government will have its hands all over Kiwibank. And what those-in-the know see happening, is the only further investment the Government might make into its bank is stepping in sometime in the future if debt needs to be paid off which, in effect, would make Kiwibank what the experts call a “zombie bank”. Which is a bank that only continues to operate because a government acts as a bit of an ambulance at the bottom of the cliff. I heard one expert on Newstalk ZB this morning saying that Kiwibank has provided an illusion of competition in the banking sector, but it's never actually been able to compete with the big banks because it doesn't offer everything the Aussie outfits offer. And, in the years since the late Jim Anderton pushed hard for a one hundred percent New Zealand-owned bank - and got what he wanted - it's only been a small player in the market and is probably going to stay that way. Which is largely being put down to the bank not having the capital to expand and grow. And, from what I'm reading, there aren't many people around the traps who think that's going to change with the Government in charge. Yes, it's spending $2.1 billion buying Kiwibank from New Zealand Post, ACC and the Superannuation Fund - because those outfits don't see owning a bank fitting with their “long term strategic and investment plans. But the Government isn't going to keep pouring money into it and so not much is going to change. The question it raises, though, is this: is a state-owned bank really a priority right now? My answer to that would be “no”. I am not a Kiwibank customer. Never have been. And that's probably because I don't give two hoots whether a bank is locally-owned or not. That's why I could never appreciate the fire Jim Anderton had in his belly over a New Zealand-owned bank. I actually think the country has moved on from those days and I think we're over that whole thing about the Aussies taking over everything from pavlova, Phar Lap and our banking system. And I suspect that most of us - whether we have accounts with Kiwibank or not - will be thinking today that the Government has failed to read the room, because I think there is a lot more to worry about these days than whether-or-not we have a New Zealand-owned bank. In fact, I'd go as far as saying that I think spending $2.1 billion buying Kiwibank is the last thing we need from the Government right now - especially if the experts are right, and it's not going to deliver anything meaningful for the people of New Zealand. As far as I'm concerned, spending $2.1 billion to defend some sort of government ideology is never good grounds for investment of any sort. Particularly, when it is an investment made on behalf of the taxpayer.See omnystudio.com/listener for privacy information.

Was I the only person in the country taken by complete surprise yesterday when Finance Minister Grant Robertson announced that the Government is going to spend $2.1 billion to buy Kiwibank? $2.1 billion. And even then people in the banking and finance sector are saying that it won't mean much because, for Kiwibank to live up to its true potential, it needs a whole lot of investment if it's going to become a genuine competitor with the big Australian banks. Which is something the Government says it might do but I'll believe that when I see it, because I don't see a government-owned bank being a vote-catcher - and if something isn't a vote-catcher then, generally, it goes nowhere. A banking specialist at Victoria University Wellington, Martien Lubberink, is mystified as to why the Government would want to own a bank. He's saying today that we're funding a very risky, probably non-viable institution, which "is not great, if you ask me”. And I couldn't agree with him more. In fact, “not great” is putting it mildly. What I'd say about it, is that it's just another example of the current government letting ideology rule its thinking. Because, apparently, the SuperFund wanted to take a bigger stake in Kiwibank providing it had the flexibility to allow private investors to get in on the action. But the Government wasn't going to have a bar of that. Grant Robertson couldn't bring himself to let that happen and so he's reached down the back of the chair, found a couple of billion dollars and announced that the Government will buy it outright. That's if the Reserve Bank gives it the nod. But I don't think the Government would be announcing this if that part of it was anything more than a formality. So it will happen and the Government will have its hands all over Kiwibank. And what those-in-the know see happening, is the only further investment the Government might make into its bank is stepping in sometime in the future if debt needs to be paid off which, in effect, would make Kiwibank what the experts call a “zombie bank”. Which is a bank that only continues to operate because a government acts as a bit of an ambulance at the bottom of the cliff. I heard one expert on Newstalk ZB this morning saying that Kiwibank has provided an illusion of competition in the banking sector, but it's never actually been able to compete with the big banks because it doesn't offer everything the Aussie outfits offer. And, in the years since the late Jim Anderton pushed hard for a one hundred percent New Zealand-owned bank - and got what he wanted - it's only been a small player in the market and is probably going to stay that way. Which is largely being put down to the bank not having the capital to expand and grow. And, from what I'm reading, there aren't many people around the traps who think that's going to change with the Government in charge. Yes, it's spending $2.1 billion buying Kiwibank from New Zealand Post, ACC and the Superannuation Fund - because those outfits don't see owning a bank fitting with their “long term strategic and investment plans. But the Government isn't going to keep pouring money into it and so not much is going to change. The question it raises, though, is this: is a state-owned bank really a priority right now? My answer to that would be “no”. I am not a Kiwibank customer. Never have been. And that's probably because I don't give two hoots whether a bank is locally-owned or not. That's why I could never appreciate the fire Jim Anderton had in his belly over a New Zealand-owned bank. I actually think the country has moved on from those days and I think we're over that whole thing about the Aussies taking over everything from pavlova, Phar Lap and our banking system. And I suspect that most of us - whether we have accounts with Kiwibank or not - will be thinking today that the Government has failed to read the room, because I think there is a lot more to worry about these days than whether-or-not we have a New Zealand-owned bank. In fact, I'd go as far as saying that I think spending $2.1 billion buying Kiwibank is the last thing we need from the Government right now - especially if the experts are right, and it's not going to deliver anything meaningful for the people of New Zealand. As far as I'm concerned, spending $2.1 billion to defend some sort of government ideology is never good grounds for investment of any sort. Particularly, when it is an investment made on behalf of the taxpayer.See omnystudio.com/listener for privacy information.

The Government has become the country's latest bank manager. It's announced the Crown is buying Kiwi Group Holdings, the company that owns Kiwibank and the soon-to-be-sold Kiwi Wealth, from the Superannuation Fund, ACC and NZ Post. The government says it intends keeping a sensible distance between itself and the day-to-day running of its latest asset. So what does the opposition think? Michael Woodhouse is the National Party spokesperson for state-owned enterprises, he spoke to Corin Dann.

The government is the country latest bank manager. The Crown is buying Kiwi Group Holdings, the company that owns Kiwibank and the soon-to-be-sold Kiwi Wealth, from the Superannuation Fund, ACC and NZ Post. The government says it intends keeping a sensible distance between itself and the day-to-day running of its latest asset. The Prime Minister says it was both exciting and reassuring that the government will "safeguard" Kiwibank's long-term future in New Zealand ownership. Finance Minister Grant Robertson spoke to Corin Dann.

The government has announced this morning it is taking direct control of Kiwibank, buying the holding company which owns the bank from the Superannuation Fund, ACC, and NZ Post. The Super Fund is being paid 527-million dollars for its 25 percent stake. The Super Fund's chief executive Matt Whineray says it considered buying some or all of NZ Post's stake but the government would not agree to having private money in Kiwibank nor give the Fund a free hand on whom it might sell its stake to. He speaks with Kathryn Ryan.

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod Hosts: https://twitter.com/mission_bitcoin & https://twitter.com/jeremy_m16 Sponsored by HardBlock: https://www.hardblock.com.au Notes Why did we set up a Self-Managed Superannuation Fund (SMSF)? - consolidating superannuation fund management fees - investment fund managers have no "skin in the game" and their choices may be influenced by the "path of least resistance" (eg, government regulations, internal business policies, incentives they receive for certain investments, not wanting to take career risk on new asset classes, etc) - ability to buy and self-custody bitcoin (and other assets), and to have overall autonomy and flexibility in terms of investment choices What was the process of setting up our SMSFs? - Step 1: Choosing a SMSF Administrator (or changing to a new one) - Step 2: Establishing the fund (eg, choosing individual or corporate trustee setup, completing the right documentation, establishing a fund investment strategy) - Step 3: Setting up a SMSF bank account (eg, using the SMSF name, tax file number, and Australian business number) - Step 4: Setting up a SMSF HardBlock account (similar to the bank account step above) - Step 5: How to roll-over existing superannuation into your new SMSF, or make fresh contributions to the SMSF - Step 6: Deciding how / where to store your bitcoin (eg, self-custody vs exchange vs third-party custody service) - Step 7: Buying bitcoin from the exchange (and keeping appropriate records) - Step 8: Withdrawing bitcoin from the exchange to self-custody (and again, keeping appropriate records) - Step 9: Completing the annual lodgement process (e.g., summarising buy, sell, and withdrawal records; proving ownership of the bitcoin; and passing the sole purpose test) How did we decide what to invest in? - saving in hard money (eg, bitcoin, gold) versus investing (ie, risk taking) in property, collectibles, stocks, or bonds versus holding currency (ie, dollars) - learning how to value an investment (eg, if it's a stock, looking at the company's roadmap, leadership team, assets, liabilities, cash flow, and current market capitalisation) - doing your own research or paying for a subscription to expert research (and you can use your SMSF to foot the bill!) - ideally choose money or assets that: 1) are not currently overvalued, 2) have good long-term fundamentals, 3) have ample liquidity and ability to sell small portions, and 4) have low or no counterparty risk - consider the contrarian mindset (ie, you might not want to be in "crowded investments") - keep in mind risk management and the fact you cannot predict black swan events - if you decide to primarily hold hard money, then keep in mind the properties of good money: scarcity, durability, immutability, portability, acceptability/recognisability, divisibility, and fungibility Resources https://www.hardblock.com.au/SMSF-bitcoin-investment https://youtu.be/MqQPbD9jQr8 https://en.wikipedia.org/wiki/List_of_Australian_exchange-traded_funds https://doomberg.substack.com/ https://www.grant-williams.com/

Retirees struggling with the rising cost of living are being encouraged by the Association of Superannuation Funds of Australia (ASFA) of Australia to access their super to help out.

Here's what you need to know about Australia's Retirement System: It's really big.  It's government mandated.  It's privately run.  It's really sophisticated. Still curious?  Host Josh Cohen's two guests have played meaningful roles in the system's development from the highest levels of government and industry.  The Honorable Nick Sherry started one of the first modern Superannuation Funds in Australia and then went to be the leading minister in the government overseeing the industry.  Ian Silk ran the largest Super Fund called Australian Super.  There's a lot we can learn from their experiences. Key Takeaways: [:19] Josh Cohen, your host, introduces today's topic: Australia and their compulsory retirement system with very sophisticated investments that cause admiration worldwide. [2:30] Josh is accompanied by two experts to dive deep into the origin and evolution of the Australian retirement system.   [2:55] Nick Sherry joins the conversation. He is a former Australian politician who served as a member of the Australian Senate for the state of Tasmania from 1990 until 2012, Sherry was sworn in as the Assistant Treasurer in 2009, after serving as the first Australian Minister for Superannuation and Corporate Law.   [4:39] Nick shares how he accidentally got involved in the retirement space.   [5:45] Nick explains how Australia began to shape a new retirement policy.   [6:40] Josh describes how the industrial awards system work along with the social wage.   [7:56] Nick shares the development of the House Plus Fund.   [9:10] Nick explains the administrative hassles they had to overcome in the late 80s'.   [10:09] Nick becomes in charge of an additional pension reform when he just assumed the role as a Senate for the state of Tasmania.   [12:32] Nick talks about initiating the Cooper review.   [13:25] What happens at retirement?    [14:01] Nick speaks about his life now that he is retired but still very active!   [14:38] Josh explains what fund mergers are about.   [15: 23] Ian Silk, Chief Executive at AustralianSuper, joins the conversation by providing answers about how Fund mergers work in Australia.   [16:47] Ian talks about his vast experience in the field of funds.   [17:18] Ian dives deep into the five sectors the retirement providers fall into.   [18:30] Ian describes two reasons why the owners have decided not to run their own plans. [20:05] Compulsion arrived to change how things were doing in regards to retirement.   [20:34] An important feature of the Australian retirement system: An employer can run his/her own plan or pick a super plan as the default for his/her workers. There is always a default investment option if the employer doesn't make an election.   [21:28] Josh talks about Industry funds that arise in the late 1980s and Ian expands on the topic.   [23:39] Josh introduces the fourth sector: The retail sector.   [25:32] Ian explains how people took their funds from retail to industry.   [25:43] The fifth sector is called the Self Managed Super, where people decide to run their own Super. Ian describes the one big driver of its popularity.   [26:58]  Ian explains how Australian Super originated and how it scaled.   [28:49] The area of investing innovation is the one that is admired by many in Australian Super. Ian describes this particular feature of the Australian Super.   [30:02] Ian shares what improvements could be done to an already sophisticated Australian retirement system.   [31:03] Ian talks about the secret to the success of the Australian retirement system.   [32:11] Ian shares the proudest moment of his career, realizing that low to middle-income workers in Australia have something significant to look forward to in retirement that wasn't the case 30 to 40 years ago.   [33:23] Josh shares his key takeaways from the amazing conversations with Nick Sherry and Ian Silk.   [34:55] Stayed tuned for the next episode: The UK edition.   Thank you for tuning in. If you liked what you heard, please subscribe and leave us a review wherever you listen to your podcasts. Links: The Accidental Plan Sponsor Mentioned in this episode: More about Nick Sherry More about Ian Silk

Bev Durston is Managing Director of Edgehaven, an alternatives partner which works with mostly institutional clients to select alternative investments. She splits her time between her native Sydney and London and has over 30 years of experience in financial services. She previously worked at a number of Superannuation Funds in Australia as well as the British Airways Pension Fund in the UK and has held a range of investment committee roles. Our conversation covers her long career in finance, and her experience in various global roles. We talk about institutional appetite for alternatives, and how it varies, and touch on fee sensitivity and the role of performance fees and their complexity. We also discuss various choices that Bev made throughout her career - choices to travel or take global roles which involved more inherent change and risk, and how these have contributed to the richness that is her career journey.