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Showing 91 - 100 of 245 results for "EGG"

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... members' capital and income in their later years, which on average is a 52-year-old female school teacher with a nest egg of up to $300,000. The account-based pension was recognised as a product of innovation by the Australian Business Awards. Drew ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
Industry super funds have announced a $33 billion pipeline to stimulate business activity and help restore the economy, according to Industry Super Australia. ISA said the capital expenditure was identified as part of a survey of industry super funds ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... arguing the "community can see that from a mile away". "How else do politicians think people are going to rebuild their nest egg and avoid working until they drop?" Dean said. For a 30 year old with a median income, drawing down the full $20,000 through ...

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
The Australian Federal Police have charged three people with allegedly submitting false claims to gain early access to superannuation under the new COVID-19 measures. AFP Taskforce Iris has charged seven people in total with submitting false early release ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
... banks trying to strike a balance between unemployment and inflation - the coronavirus presents policymakers a chicken and egg dilemma. Health before wealth or vice-versa. Wealth before health. This is underscored by Australian Industry Group's (AiG) ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... live with, and which is now, some six to seven years later, being cleaned up. But not before they extracted one last golden egg out of the goose," Yazbeck said. "Vested interests trumped clients' interests. Revenue streams were protected. Planners were ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
" You're simply the best Better than all the rest Better than anyone Anyone I've ever met..." A great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
The majority of Australians believed their super fund would protect their retirement savings in the event of a market downturn, according to new research coming out of Russell Investments. Surveying more than 3000 Australians in January this year, the ...

SISFA relaunches membership to SMSF trustees

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
Self-managed Independent Superannuation Funds Association (SISFA) has redesigned and is relaunching its membership offering for SMSF trustees. SISFA said through existing communication channels and those of new associated partners and sponsors, up to ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... request has been $7200 which suggests people are using their money for specific debts while trying to preserve their nest egg." However, she added that on average members are drawing down about half of their account balance. This is in line with what ...