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Showing 131 - 140 of 225 results for "Saver"

Micro-investment app hits 100,000 users in Australia

ALEX BURKE  |  MONDAY, 25 JUL 2016
Over 100,000 users have signed up to micro-investment savings app Acorns following its Australian debut six months ago. The app, which gives users the opportunity to "round up" individual purchases - a $3.50 coffee, for example, becomes $4 - and invest ...

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
Advocacy group Protecting Seniors Wealth has launched a new education program designed to address an increasing trend in financial abuse of the ageing demographic. The program titled "Lead with impact" consists of workshops, presentations, tailored ...

BlackRock's Fink issues stark warning for global economy

MARK SMITH  |  TUESDAY, 19 APR 2016
Shifting energy costs, the waning Chinese construction boom, extraordinary monetary policy and the rise of automation mean the global economy is now more fragile than at any point since the financial crisis, according to the head of the world's largest ...

Gender super gap widest for women at lower income levels

WHITNEY FITZSIMMONS  |  TUESDAY, 5 APR 2016
New data from the Australian Taxation Office (ATO) shows the retirement savings gender gap is highest for women who work part-time and are in the bottom two tax brackets. The gap in super savings is most severe for females on lower taxable incomes ...

UK to introduce lifetime ISAs

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... purpose although the bonus paid on that portion will have to be refunded to the government. Money in the account after the saver reaches age 60 can be used to boost their retirement savings with no penalty. The UK budget papers explain that the government ...

FSC reveals six-point super plan

ALEX BURKE  |  MONDAY, 29 FEB 2016
... Australia's superannuation system more robust. As per the FSC's statement, the first three points are: "Give every Australian saver cast-iron confidence in the system. Take it out of the budget cycle, stop the tinkering"; "Define its purpose and make ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
Borrowers rejoice! Imagine how good it would be to have banks and other lending institutions pay you, I and Irene to take their money for whatever purpose we want to use them for - a facelift, a tummy tuck, education, holidays, a new car, another mortgage ...

ISA says 15pct tax rebate no good

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
Industry Super Australia (ISA) has given further credence to the fact that taxing superannuation contributions with a 15% discount on marginal tax rates would increase government tax receipts. Latest modeling from ISA shows the 15% discount on marginal ...

ANZ pays $13m to saver customers

ALEX BURKE  |  THURSDAY, 12 NOV 2015
ANZ will pay roughly $13 million to 200,000 customers using Progress Saver Accounts (PSAs). The compensation is being paid due to ANZ failing to apply bonus interest to these accounts. PSA customers who satisfy withdrawal and deposit requirements each ...

Multi-sector investments reach $555 billion

DARREN SNYDER  |  TUESDAY, 10 NOV 2015
Australians had more than $555 billion of managed fund assets invested in multi-sector investment trusts, superannuation funds, pensions and insurance bonds as at 31 July 2015, according to Morningstar. The researcher recently completed qualitative ...