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Showing 121 - 130 of 1623 results for "Retirement savings"

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
... abuse, citing coercive control, exploitation and systemic gaps in protection as active threats against their retirement savings from those closest to them. SMC's submission calls for stronger, trauma-informed complaint handling and dispute resolution ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global Diversified Alpha Fund, Global Multi-Strategy Fund and Global All Seasons Fund. Matthew Charles Hudson and ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... of Australian housing." This comes after Bragg was a staunch advocate for allowing Australians to use their retirement savings to purchase a home. In May last year the Senate Economics Committee - of which Bragg was chair - handed down its interim report ...

Allow couples tax-free super splitting: Hume

JAMIE WILLIAMSON  |  FRIDAY, 5 SEP 2025
... recognition of the sacrifices made within Australian families." Under the bill, spouses would be able to split their retirement savings via rollover - the spouse with the higher balance would roll an amount into the account of the spouse with the lower ...

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... that underpin it. "The job of super funds is to deploy capital into productive investments to bolster members' retirement savings," he said. "Those two competencies can and should be mutually reinforcing: building the businesses the nation needs, done ...

Using super as 'piggybank' would be a 'disaster': Schroder

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... executive Paul Schroder has used his speech at the National Press Club to warn the government that Australians' retirement savings should not be treated as a "piggybank". Schroder said it would be a "disaster" for members if governments told super funds ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... time in June, APRA began examining more than 200 retirement products that hold $490 billion in members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic advised clients to set up a self-managed superannuation fund ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... temptation of illegal early access schemes. The consequences can include additional tax, penalties, loss of retirement savings and disqualification as an SMSF trustee which goes on the public record," she said. In the 2021-22 financial year, the ATO ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... next 12 months, ASIC will put more pressure on superannuation trustees to be more accountable for Australians' retirement savings. "In late 2024 and early 2025, ASIC initiated court proceedings against two super funds over their claims handling practices. ...