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Showing 1041 - 1050 of 4507 results for "Saving"

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Australian superannuation funds are dropping Russian assets in response to its invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... just over $1 million by age 65. For a single person, a high standard of living spending $1923 a week can be achieved by saving $758,000 by age 65. An average standard of living at around age 67 could be achieved for a couple on $2115 a week and for a ...

NZ Super Fund excludes Russian debt, state-owned holdings

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The NZ Super Fund and three other New Zealand institutional investors have excluded Russian sovereign debt and investments in majority state-owned enterprises and will look to divest any current holdings as soon as possible. NZ Super Fund, the Accident ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
A baby bonus paid into the superannuation accounts of women who go on parental leave combined with paying super during their time off could address the significant gap between the retirement savings of men and women. According to numbers from the Association ...

ESG funding booms in Australia: Calastone

CHLOE WALKER  |  MONDAY, 28 FEB 2022
ESG funds were major beneficiaries of Australians' cash last year but the nation still lags on a global scale, according to the last Global Fund Flow Index from Calastone. In an analysis covering over half a million buy and sell orders every month from ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
Australia's largest ever merger between two super funds has seen the $130 billion QSuper and $97 billion Sunsuper merge to create Australian Retirement Trust. Australian Retirement Trust (ART) now has $230 billion in funds under management, making ...

SuperConcepts refreshes SuperMate

CHLOE WALKER  |  FRIDAY, 25 FEB 2022
... SuperMate, should they wish". According to SuperConcepts, SuperMate users will have access to powerful automation and time-saving features, including document extraction tool, DataHero, which provides enhanced transaction automation. Providing a testimonial ...

Remembering Helen Hewett

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
The superannuation industry is mourning the loss of one of its biggest advocates for female representation and mental health following the former Cbus chief executive's passing this week. Remembered as an astute leader and visionary of the super ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
Media Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger ...

GigSuper folds, administrator takes over

KARREN VERGARA  |  MONDAY, 21 FEB 2022
Startup superannuation fund GigSuper is now in administration less than five years after it launched. DW Advisory was appointed as administrator on 10 December 2021. DW Advisory held a creditors' meeting on January 22 online, detailing the financial ...