Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1471 - 1480 of 4513 results for "Saving"

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... without. Of this, about $35 billion can be attributed to those in the lowest income quintile. "Although estimates of net saving vary, most point to a sizable positive effect. Broadly speaking, studies have found that for each dollar of saving via compulsory ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
Industry Super Australia has labeled a band of MPs "out of touch", after they called for increases to the super guarantee to be put on ice or scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
New research has revealed the extent of the economic impact of the COVID-19 pandemic on the nation's retirees, with many now fearful for the future. In a survey of 1007 current and prospective retirees nationwide, Allianz Retire+ found that four ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
The $52 billion industry super fund says its younger members have "virtually drained" their retirement savings during COVID-19 and is asking the Retirement Income Review to urgently consider ERS's impact on women's retirement outcomes. About ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... ability to deliver a diversified portfolio, and demonstrate tangible time and cost savings to customers. So far, micro-saving services such as those offered by Raiz - with its 200,000 customers - have led the way for robo offerings locally, ensuring ...

IFM adds to leadership

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
IFM Investors strengthened its leadership by appointing a former politician as an executive director in its UK business. The industry super-owned global asset manager appointed former British Labour MP and Shadow Minister of State for Pensions Gregg ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

Platform prototypes compliance capability

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... told Financial Standard the tool would allow the licensee to be more proactive in the supervision and monitoring of risk - saving Fortnum Financial time, energy and money. "Assessing a certain type of risk would normally involve checking a whole host ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
The buyers of Sargon's operating businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
Rio Tinto got a talking to from AustralianSuper in relation to it blowing up a 40,000 year old Aboriginal heritage site, but the fund won't be selling down its $1 billion dollar stake. AustralianSuper chief investment officer and deputy chief executive ...