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Breaking superannuation into three different funding models may not be the right answer, but at least it cuts through the fallacy at the heart of our superannuation ideal. Former Lazard Asia-Pacific CEO Rob Prugue writes for The Inside Adviser.
Household wealth in September recorded its third largest quarterly decline since the Australian Bureau of Statistics began keeping records in 1989. And wealth is likely to keep falling in the coming quarters, as the lagged effects of interest rate hikes flow through.
Thanks in part to the pandemic, employers now have sufficient awareness of mental health problems in the workforce, their human and economic costs. Now is the time for programs to solve them. A multi-country, multi-industry webinar last week (December 9) looked at how employers should learn from the impact of Covid-19 and put in place…