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Showing 91 - 100 of 208 results for "Comfortable retirement"

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction in average super fees - ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... of Superannuation Funds Australia (ASFA) are not reliable and overstates how much a person needs for a comfortable retirement. "The reliance on the ASFA standards has affected media and public perceptions of what constitutes an adequate retirement income," ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... "realistic." "Although the current 9.5% compulsory rate is not enough to grow superannuation savings for a comfortable retirement, Australia is in a period of low wage growth therefore an increase in the contribution rate is not realistic at this point ...

AustralianSuper SG modelling paints dismal picture

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... The average female member of Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected ...

Industry fund members targeted

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... decision. Having the right super fund is an important decision that can set you up for a long, happy and comfortable retirement," TWUSUPER told members. The issue of insurance, the fund pointed out, was something some members might overlook when under ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... following the Royal Commission. The average Australian's confidence that they will have enough money to enjoy a comfortable retirement is up slightly, though Qantas Super said the figures still indicate poor confidence. Participants were asked to score ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... a year, while singles in SMSFs are on track to achieve lifestyles worth $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous research has shown that many SMSF trustees are hoping to achieve more affluent lifestyles ...

National Seniors partners with retirement funder

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... other, and will leverage their combined strengths to do so. "Our research has found one of the keys to a comfortable retirement is financial flexibility," NSA chief executive and research director John McCallum said. "We look forward to growing our partnership ...

Super working in favour of all members

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... between 60 and 64 are retiring with a median balance of $154,453 - although this is well below ASFA's comfortable retirement standard of $545,000. Women tend to retire with $122,848 compared to males who end up with a median balance of $154,453. ...

New chief at CBA Group Super

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
... these roles he has had a deep focus on improving member outcomes, both in helping them save for and enjoy a comfortable retirement." Durbin has had a long career with CBA, having spent nine years at Colonial First State, working his way up from head ...