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Showing 1021 - 1030 of 4507 results for "Saving"

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
APRA has named the superannuation funds it believes face immediate sustainability issues, with 38 of 78 funds declining on all metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
With everything from the price of petrol and groceries to rent and childcare seemingly on the rise, the federal government has sought to target cost of living concerns in its 2022-23 budget with a number of temporary spending measures. For starters ...

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... intended to help more Australians enter the housing market by lowering the deposit bar, rising house prices have also made saving up for a deposit harder. According to the latest CoreLogic data, the median home value in Australia is now $728,034 - 20.6% ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
A Macquarie Business School academic has said one-off payments like those expected in next week's Federal Budget won't do anything to address long-term structural issues in Australia's economy. A one-off payment to combat the rising cost of living is ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Citing members' best interests, the trustee is closing several of OneSuper's sub-plans due to lack of scale. Diversa Trustees' OneSuper, formerly known as Smartsave, is home to 14 superannuation offerings including Allan Gray Superannuation ...

UK advice firm enters Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
A UK advice firm has expanded into Australia, targeting British expats. Skybound Wealth Management has entered the local advice market, looking to capitalise on the growing need for cross-border financial planning. In a statement, the firm said: "We ...

Regulators fret over hobby traders

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
Globally, securities regulators are concerned about the boom in retail trading markets and are joining forces to address the issue. The International Organization of Securities Commissions (IOSCO) has published a consultation paper on retail market ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
Ahead of the Federal Budget next week, new research shows making childcare more affordable could close the gender gap in superannuation savings. Currently, women retire with almost a third less super than men on average, but a new report from Industry ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... meeting their client's goals. "I think what we're seeing is the recognition of how much time the managed accounts are saving the advisers on a day-to-day basis, and then importantly, what the benefit of that is," she said. "Advisers are identifying ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... should be able to use their super as collateral for a housing loan given that paying off a mortgage is a very common way of saving for retirement. This would reduce the deposit needed to enter the housing market and have a similar effect to allowing ...