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Showing 991 - 1000 of 4088 results for "Savings"

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... such as food, petrol and health costs. "It's critical that future retirees are able to build sufficient retirement savings to ensure they can have dignity, health, vitality and connection in retirement." The annual percentage increases in the comfortable ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
... lowest since 2008, with high participation rates," chief executive Matt Comyn said. "Australian households have accumulated savings and stronger wage growth is expected. An increase in demand for goods relative to services, supply-chain constraints and ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... executive Vicki Doyle said. "The $450 threshold is preventing thousands of lower-income workers from receiving retirement savings for every dollar they earn. They can't afford for this change to be delayed any longer." Meanwhile, Women in Super said ...

LGIA upgrades anti-money laundering tech

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... complete a merger with Suncorp's superannuation business later this year, which will take the fund to $30 billion in member savings. "Amidst a major expansion of our business, we felt the time was right to review our AML defences and it was clear that ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
Members continue to rely on their superannuation funds to access retirement savings based on compassionate grounds and in the event of financial hardship, APRA statistics show. Released overnight, APRA's June 2021 Superannuation Bulletin reveals ...

IFM Investors adds former Schroders chief

CHLOE WALKER  |  TUESDAY, 1 FEB 2022
... confident his appointment will help us continue to deliver on our purpose, which is to protect and grow the retirement savings of working people," he said. Durack's appointment brings the number of IFM Investors' board members to nine.

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... setting up an SMSF. "Setting up an SMSF is one of the most significant decisions you can make relating to your retirement savings," it said. "Before making the decision to set up an SMSF, seek advice from a licensed financial adviser." In November 2021 ...

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... contribute towards the insurance premium rather than the individual's retirement income and not to their retirement savings, the explanatory memorandum states. Another change proposed is directing where a government co-contribution is made depending ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... attention has been on MySuper products, which have, on average, always clearly outperformed the Choice sector, the retirement savings of millions of Australians in the Choice sector were being held back by poor performance. "The heatmap only considers ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... $853 billion in total member benefits as at June end. "Superannuation members deserve confidence that their retirement savings are being well-looked after, regardless of what type of fund or product their money is invested in," APRA member Margaret Cole ...