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Showing 1581 - 1590 of 7203 results for "Retirement"

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Australian Retirement Trust (ART) has made several high-profile appointments to its board and investment committee. Former Future Fund managing director Mark Burgess will join ART as a board director and member of the investment committee in mid-2023. ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... share of super savings, representing 13% of all assets in the market. Not-profit super funds, including Australian Retirement Trust, UniSuper, Commonwealth Super Scheme, and BT Super, have the most affluent members across all ages among APRA-regulated ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... Meanwhile, MySuper products declined in line with the overall asset pool, dropping 3.1%to $917.3 billion. Australians' retirement savings shrank 3% at the end of last year to $3.4 trillion in total, APRA said, pointing to market volatility largely driven ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... the government released a draft objective for superannuation to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The proposed objective garnered mostly positive reactions ...

What "wealthy" means to Australians: AMP

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... Statistics, life expectancy in Australia has increased from 69 in 1950 to 84 in 2023, adding 15 more years to the post-retirement phase of life. As a result, the need for saving for retirement or provisioning for this extended period has become increasingly ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... Instead, they are adding value in areas such as budgeting and cashflow management, debt, superannuation, tax, Centrelink, retirement planning, estate planning and aged care, Desktop Broker found. Additionally, advisers are increasing the provision of ...

HESTA hires from MLC Super for GM role

ELIZABETH FRY  |  MONDAY, 27 FEB 2023
... transformation capabilities, helping the Fund deliver key strategic initiatives that can deliver better experiences and retirement outcomes for our members." "I'm delighted to join such a high-performing Fund and team, added Forster-Smith. "What ...

HUB24 tops platform rankings

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... introduced new integrations with third-party ESG ratings and said this was a key growth area. The report also said retirement income has been at the centre of a range of initiatives by many platforms. "This has translated into a material step up in the ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... wants advice on the best investment option. Where it becomes more complicated, however, is when members transition to retirement. "That's an area where vertical integration is being proposed as cross-subsidising a piece of advice that we wouldn't ...