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Showing 1141 - 1150 of 7409 results for "Retirement"

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... clients and shareholders over time." And just a week after announcing Adams would be replaced by former Australian Retirement Trust chief executive Bernard Reilly, the group has now announced Tony D'Aloisio's intention to retire in early 2025 at the ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... September 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of 2023 ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... entitlements in just one year, with the average worker losing $1800 - a loss that could result in over $30,000 less in retirement savings. The SMC said that this issue of unpaid super, driven by the misalignment between super and wage payment, creates ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... APRA's top priorities will include working with ASIC to ensure superannuation trustees meet their requirements under the Retirement Income Covenant. In addition, APRA chair John Lonsdale said the regulator would be taking a close look at the relationship ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... immateriality argument, name me a single AustralianSuper investor you thought that particular risk was acceptable for their retirement goals? Who will be held accountable & when?" he said.

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... deputy chair Sarah Court said Jayaweera's actions betrayed the trust of his clients with some clients at or near retirement age and caused them significant financial harm. "This sentence demonstrates that such behaviour will not be tolerated," she ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... super funds wanting to establish an institutional investment manager. Garry Weaven was inaugural chair of IFM until his retirement in 2018. Greg Combet took over as chair the following year before stepping down to chair the government's Net Zero ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
Close to half of those aged 18 to 39 are taking more action for their retirement in light of heightened cost-of-living pressures, a HESTA study reveals. These actions include salary sacrificing and using online calculators to keep track of their superannuation. ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... adverse findings. The fund said that the industry should be well-regulated to ensure members have confidence that their retirement savings are well cared for, but if APRA deems further review is necessary, it should exercise its own regulatory powers ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... retrial after being convicted of fraud in 2019 has once again been found guilty of misleading clients to invest their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser and director of Growth Plus Financial ...