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Showing 151 - 160 of 238 results for "EGG"

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN | MONDAY, 20 APR 2015

... regulated funds". Failure to improve the system's efficiency could cost future retirees 5% or $40,000 of their potential nest egg, explained the report. To drive down costs, the report re-stated its 2014 recommendation that there should be default fund ...

Super funds turning to passive to tackle high fees

MARK SMITH | MONDAY, 9 MAR 2015

... high fees don't necessarily guarantee higher returns and in fact can leave a significant hole in a client's retirement nest egg," ING Direct head of third party distribution Mark Woolnough said. "Ultimately it comes down to value, and with the rise of ...

Hockey contemplates first home buyer access to super

LAURA MILLAN | MONDAY, 9 MAR 2015

... housing prices, eroding any positive impact on housing affordability," chief executive Pauline Vamos said. "Raiding the nest egg early to pay for a home deposit or other purposes is likely to dramatically reduce people's final benefits," ASFA chief executive ...

A little tweet told me

BENJAMIN ONG | THURSDAY, 26 FEB 2015

"Profit is sweet, even if it comes from deception." -Sophocles Breakfast wasn't nice for me yesterday. Nah, Virginia, it wasn't because the toast was burnt or the bacon and eggs semi-cooked. It's because I was eating my own words with my foot in my ...

Super only 35% of retirement nest egg

LAURA MILLAN | WEDNESDAY, 18 FEB 2015

... provide adequately for their retirement and expect that it will contribute a little more than one third of their retirement nest egg, ING Direct research revealed. Superannuation is expected to represent 35.8% of the retirement nest egg, while the government ...

ASFA outlines spending needs of nonagenarians

MARK SMITH | WEDNESDAY, 14 JAN 2015

... expenditure required each year for a single person to live comfortably in retirement for a long time. Building your own private nest egg is the best way of ensuring you are able to live your retirement free from major financial worries," Vamos concluded. ...

Sunsuper taps FPA adviser network

MARK SMITH | WEDNESDAY, 19 NOV 2014

Sunsuper and the Financial Planning Association of Australia (FPA) have partnered to form a national advice referral program which connects the fund's members with FPA practices across the country. The partnership sees the fund develop direct relationships ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH | FRIDAY, 3 OCT 2014

The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...

Give MySuper time to work, says AIST

JAMES FERNYHOUGH | WEDNESDAY, 27 AUG 2014

MySuper and SuperStream must be given time to work before the government considers any further changes to the system, the Australian Institute of Superannuation Trustees (AIST) has said. In its submission in response to the Financial System Inquiry ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH | THURSDAY, 24 JUL 2014

The Fair Work Commission (FWC) review of default superannuation will cost $400 million and throw the superannuation of 2.25 million Australians into "turmoil", the Financial Services Council (FSC) has claimed. The FSC's claims come on the back of a ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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