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Showing 1001 - 1010 of 6133 results for "Australians"

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Mercer, AustralianSuper, Hostplus, UniSuper, and Brighter Super recorded the largest growth in member numbers, according to new analysis from Perple - People Performance, underscored by mergers and stiff competition. Using APRA data of the 2022-23 financial ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... deducted, as well as investment returns and administration costs." The action is being funded by Woodsford. "Everyday Australians trust their superannuation funds to look after their hard-earned dollars which they have invested for their retirement," ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Australians want total control over how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... has no AFSL. Since January 2015, Great Southland has raised more than $60 million from 89 investors, 46 of which are Australians. The regulator wants Hodgson disqualified from providing financial services for however long the court sees fit. He has previously ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... Nick Hamilton said Australia is now firmly focused on strengthening the retirement phase of superannuation. "As more Australians live longer and retire in ever greater numbers, there will be more demand, across more channels for a broader range of retirement ...

AustralianSuper to revive UK landmark

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
AustralianSuper and UK property developer British Land have submitted a planning application to redevelop a permanent cultural venue at the Printworks London building. The Printworks building, managed by music and arts operator Broadwick, was closed ...

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
... Rest head of responsible investment and sustainability Leilani Weier. "As a super fund representing one in five young Australians, we believe impact investing represents a powerful opportunity for us to grow our members' super, while helping to build ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... an integration of this income source with members' superannuation savings. This is critical as approximately 62% of Australians over the age of 65 receive government pension payments, and research shows fewer than half apply immediately upon eligibility ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... receive a full tax refund on their super guarantee (SG) contributions can boost the super of more than 1.2 million Australians, of which 60% are women. "Since tax concessions should act to allow a higher level of savings than would otherwise be the case ...