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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Managed Funds Association CEO Bryan CorbettBryan Corbett, president and CEO at Managed Fund Association, joins 'Squawk Box' to discuss the MFA's problems over new private equity rules, the details in the rules, and more.
Persons: Bryan Corbett Bryan Corbett Organizations: Funds, Fund Association
Here's why private equity firm MFA is suing the SEC
  + stars: | 2023-09-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why private equity firm MFA is suing the SECBryan Corbett, president and CEO at Managed Fund Association, joins 'Squawk Box' to discuss the MFA's problems over new private equity rules, the details in the rules, and more.
Persons: SEC Bryan Corbett Organizations: SEC, Fund Association
SYDNEY, Feb 23 (Reuters) - Australia's centre-left government said on Thursday it would push ahead with plans to change superannuation rules, including restricting early access to funds until retirement and limiting tax breaks for high-earners. Jones said restricting early access to funds is "fundamental" as it supported retirement incomes. Federal Treasurer Jim Chalmers estimates tax breaks on superannuation will cost the budget more than pension by 2050. Shadow Treasurer Angus Taylor told Sky News the savings of Australians were "not a piggy bank for the government to tax and spend." The chief of Australia's biggest pension fund, AustralianSuper, in November warned against government efforts to tap into retirement savings worldwide.
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