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Showing 1081 - 1090 of 7410 results for "Retirement"

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... Justice Lisa Hespe agreed the contraventions were serious and that there was a concern about the effect on members' retirement savings. "I will make it clear that I am very concerned that this conduct is serious. It is serious, not just for the consequences ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... political narrative than they are in ensuring every day and younger Australians can continue to aspire to fully self-funded retirement," Tink asserted. Meanwhile, SMSF Association (SMSFA) is now urging the Senate to reject the legislation of a "deeply ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... important to develop more advisers to connect those "clients who had lost their planners or were entering their pre-retirement years." "The landscape of the financial services industry has changed significantly over the past five years, particularly ...

AustralianSuper expands US footprint, names executives

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... great strategic importance to the fund and its members". "To help members achieve their best financial position in retirement we need to have an on-the-ground presence in global financial centres to access the best quality investment opportunities," ...

'Alarming' figure in retirement research

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
Only a third (32%) of Australians believe they would be able to save for their retirement without compulsory superannuation, according to a new survey from AustralianSuper. A third of Millennials (33%) and Gen X'ers (32%), as well as nearly one-in-five ...

Choice products continue to overshadow MySuper: APRA

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... across choice products. Of the 812 choice products 463 were accumulation products ($755 billion), 124 were transition to retirement products ($14 billion), and 225 were retirement products ($442 billion). This compares to the more than $1 trillion allocated ...

Moneysoft acquired by MUFG Pension & Market Services

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2024
... Market Services has acquired 100% of financial software Moneysoft, with plans to integrate the technology into its retirement product portfolio. Moneysoft has become part of the Retirement Solutions business at MUFG Pension & Market Services, formerly ...

Trust in advisers reaches new high: Survey

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... Overall, clients said their advisers add value in three core areas: helping build a realistic plan for a comfortable retirement, getting the most out of a financial situation, and reducing financial stress. Russell Investments estimates that financial ...

GSFM welcomes new chair

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
Following the retirement of its founder and executive chair Andrew McKinnon, GSFM has appointed his successor to its board. Robert Johanson has joined GFSM as the new chair, effective October 1. Commenting on the appointment, GSFM chief executive Damien ...