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Showing 111 - 120 of 1513 results for "Save"

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... scrutiny and competition. FCA executive director of markets and international Sarah Pritchard noted that 16 million people save for their retirement into defined contribution schemes and said the regulator wants to see a focus on "long-term value, not ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
... denied Keybridge's case, leading to an appeal being lodged in the Federal Court which was also denied. Now, WAM is calling to save in-person AGMs. Speaking to Financial Standard, Wilson said the 2022 AGM was different as COVID restrictions were still ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The UK government plans to introduce a 'value for money' test for workplace pension schemes and mandate them to offer retirement products, as it looks to ensure Brits retire with more. A new Pension Schemes Bill, announced in a speech by King ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... self-employed, has entered voluntary liquidation. GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement. It partnered with the likes of Deliveroo, whose Australian operations collapsed in 2022. In ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
As AustralianSuper, Australian Retirement Trust (ART), and Aware Super continue to dominate the superannuation sector in terms of total assets, the smaller players are becoming serious contenders. New APRA statistics show that AustralianSuper had more ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... Generation X's fears about retirement. Nearly seven out of 10 (69%) Gen X investors said inflation has hurt their ability to save for retirement, and more than half (55%) reported saving less due to higher everyday costs. The burden of public debt was ...

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... ensuring the 'client story' remains viable and consistent throughout the entire advice process. This capability can save advisers significant time in verifying and correcting client data. "Within investment management, AI can be used for portfolio ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... future living expenses. "With rising costs in all aspects of our lives, many Australians are already thinking they'll need to save more to afford a comfortable retirement," Shrimski said. The survey also found that Australians are increasingly worried ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
Innova Asset Management has entered the super and housing debate, saying allowing the use of leverage in superannuation it could help younger Australians who are locked out of the property market build wealth. Innova said millennials are firmly locked ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... important in the digital financial age. "Disruptions to financial services can have a major impact on people who rely on them to save, spend, recover from financial loss or support themselves in retirement," he said. "CPS 230 is designed to ensure entities ...