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Showing 121 - 130 of 244 results for "Nest"

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... default super products. A person who stayed in the lowest-performing MySuper option all of their working life would build a nest of $265,000 before they retired, the research found. On the flipside, a person who stayed in the highest-performing MySuper ...

Super a money laundering target: AUSTRAC

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... stung. AUSTRAC released a guidance paper to the superannuation sector, outlining the risks facing the guardians of Australia's nest eggs. The financial intelligence agency is concerned about the potential for super funds to be caught out, as financial ...

Pension lessons from around the world

JAMIE WILLIAMSON  |  THURSDAY, 15 NOV 2018
... "politically unacceptable" compulsion and is proving all the better for it. Addressing delegates at the 2018 ASFA Conference, NEST chief executive Helen Dean said compulsion is intellectually attractive but could potentially prove problematic in the ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... covered by the taxpayer. Many retirees are net savers, and current retirees often leave a legacy almost as large as their nest egg on the day they retired," it said in a statement. Different story for the poorest Despite its positive outlook on retirement ...

Retirement planning gets a recession check

KANIKA SOOD  |  MONDAY, 29 OCT 2018
As talks about a global recession grow louder, financial advisers and investors are repositioning their clients' nest eggs against a market crash or an economic slowdown. In the past fortnight, a JPMorgan quantitative model predicted a 60% chance ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Australian millennials are aiming to retire comfortably at 50 with $5 million in their nest egg, a new survey shows. Trading platform Stake surveyed 506 Australians and those aged between 18 and 34 said investing in US stocks will help make their goals ...

What 1% in fees could do to investments

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
Advisers paying just 1% more for investments could erode their clients' nest eggs by 26% over 30 years, according to new data modelling from InvestSMART. InvestSMART researchers found stark differences in the outcomes for investors paying different ...

Gender super gap closing but still wide

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... narrowed the superannuation gender gap by about 13 percentage points, but they still have only 72% of what men have in their nest eggs. According to Roy Morgan, women had $68,000 on an average in their superannuation balance 10 years ago, which was 59.2% ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
Not-for-profit superannuation funds have an average of 3% less exposure to bank stocks in their equities portfolios than last year, according to recent Rainmaker research. These funds still have a large exposure to bank stocks, owning about $30 billion ...

Drought-hit farmers turn to advice

KANIKA SOOD  |  MONDAY, 3 SEP 2018
This July was the driest in Australia for 16 years. Almost 100% of New South Wales and 57% of Queensland is in drought and financial advisers are dealing first-hand with the impact. The numbers are startling yet they don't come close to measuring ...