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Showing 161 - 170 of 1623 results for "Retirement savings"

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... stop her from being extradited to Australia to face 136 charges related to the alleged theft of clients' retirement savings. Marion Joan Pearson, formerly based in Perth, is accused of having stolen millions of dollars intended for clients' self-managed ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... and sophisticated super system has strongly reduced the financial system instability, while delivering strong retirement savings. In the paper, SMC compared three asset classes: Australian listed equity, international listed equity, and private equity ...

Aware Super appoints UK private equity lead

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... trajectory and help contribute to the Fund's aspiration to be managing over $400 billion of members' retirement savings by 2030. "Together, we are building a global team of passionate, curious and collaborative investment professionals, driven ...

BlackRock takes stake in Generation Life parent company

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
... nation's $4.2 trillion in superannuation assets. Nevertheless, it pointed out that around 84% of Australian retirement savings are in account-based pensions with minimal longevity protection. Generation Life touted that the partnership marks a transformative ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... bottom line. Super Members Council (SMC) said the cash-out proposal undermines the policy intent of boosting the retirement savings of new mums. SMC chief executive Misha Schubert said the proposal sends a message to women that they should sacrifice ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... report said. "These reforms present an opportunity to enhance fairness in the system while preserving long-term retirement savings." In fact, speaking at a media event last week, ASFA chief executive Mary Delahunty justified the sentiment. "ASFA believes ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... seriously, as we should. Australians place enormous trust in the super system and rightly expect that their retirement savings will be safe and protected. When that trust is tested, it must be taken seriously."

Super for housing would benefit 4% of homebuyers: ASFA

MATTHEW WAI  |  TUESDAY, 8 APR 2025
... years now, the Coalition has pushed its 'super for housing' policy, promising first homebuyers access to their retirement savings to assist with purchasing a home. The policy would allow for up to 40% of a balance to be withdrawn, capped at $50,000. ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... attacks is chilling, particularly when "we know" super funds aren't doing enough to protect people's retirement savings. "When something goes wrong, too many people are being left without support, answers, or access to their own money," O'Halloran ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... are highlighting this event to make sure members are alert and take all possible precautions to protect their retirement savings," she said. Financial Standard understands that four AustralianSuper members have lost a combined $500,000 as a result of ...