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Showing 1801 - 1810 of 6134 results for "Australians"

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
The majority of Australians are unaware of the effects of the Your Future, Your Super (YFYS) reforms and could potentially be stapled to an underperforming fund for good. The YFYS stapling requirement comes into effect today and will see around one ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
... would need a near-tertiary level of education to understand what they're reading. For context, just 1.2% of adult Australians read at a tertiary education level, the researcher said. The document with the best grade level was QSuper's privacy policy ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... and online access, handling all the trading, reporting and administration, whilst charging zero ASX brokerage fees. "Australians historically tend to put their savings into property and a few well-known stocks, but retail investors are increasingly looking ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... release from their super under the First Home Super Saver Scheme will increase from $30,000 to $50,000, empowering more Australians to save effectively for their first home deposit. The eligibility age to make downsizer contributions into superannuation ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
The cost of running the Future Fund has increased significantly during the 2021 financial year to 2.49%. According to Rainmaker analysis, the cost has jumped from 1.13% in FY20 and 1.57% in FY18. These figures comprise operating costs and look-through ...

Crypto mining ETF launches

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
... exchange such as Chi-X, it means investors do not have to directly hold cryptocurrencies and, importantly, provides Australians with the ability to access the potential upside of the next wave of financial market innovation." Chi-X chief executive Vic ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... managing director Robert Francis said: "eToro has been a pioneer in the crypto markets and we are excited to observe more Australians dipping their toes into this emerging asset class." "The crypto ecosystem is expanding with the emergence of new altcoins ...

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... is something our customers are very interested in, and it has always been our priority to provide one platform for Australians to manage their wealth." In July, it launched Superhero Super, which gives members control over their superannuation investments ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... than investment returns," he said. "If the Treasurer wants to nationalise super, he'll need to explain to millions of Australians why he shoehorned them into a dud fund that could leave them $126,000 worse off at retirement." This is based on the assumption ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... services Angus Sullivan said. "For 90 years, the Commonwealth Bank has been supporting the financial wellbeing of young Australians and we are committed to continuing to provide the programs and services they need." CBA will shift its school financial ...