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Showing 171 - 180 of 1679 results for "Retirement savings"

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... APRA statistics from June end, the fund is home to just 420 member accounts and a collective $86 million in retirement savings. The decision was made by the trustee, CCSL, which is a related company of Diversa. In its most recent Member Outcomes Assessment ...

Stockspot reduces fees to increase accessibility

MATTHEW WAI  |  FRIDAY, 19 SEP 2025
... product. The product is designed to be low-cost and flexible for those wanting visibility and control over their retirement savings, Stockspot said.

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... distributions, and "the final distribution may take many years." In all, it's estimated $1.2 billion in retirement savings has disappeared. While many who were defrauded have lodged formal complaints with the Australian Financial Complaints Authority ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... on Australian organisations, with superannuation funds increasingly targeted given the mounting honey pot of retirement savings they oversee. This highlights the urgency of strengthening "basic cyber hygiene" within their operational and management systems. ...

RBA's Hauser warns super funds of $1tn FX risk

ELIZA BAVIN  |  WEDNESDAY, 17 SEP 2025
... decade. Hauser noted Australian super funds are investing an "ever-increasing" amount overseas. "Australian retirement savings are the fourth largest in the world, with assets equivalent to around 150% of Australian GDP, half of which are offshore. And ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... "This settlement is a major step toward justice for millions of Australians who trusted AMP to safeguard their retirement savings," Maurice Blackburn national head of class actions Rebecca Gilsenan said. "The class action alleged that AMP's superannuation ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
... abuse, citing coercive control, exploitation and systemic gaps in protection as active threats against their retirement savings from those closest to them. SMC's submission calls for stronger, trauma-informed complaint handling and dispute resolution ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global Diversified Alpha Fund, Global Multi-Strategy Fund and Global All Seasons Fund. Matthew Charles Hudson and ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... of Australian housing." This comes after Bragg was a staunch advocate for allowing Australians to use their retirement savings to purchase a home. In May last year the Senate Economics Committee - of which Bragg was chair - handed down its interim report ...

Allow couples tax-free super splitting: Hume

JAMIE WILLIAMSON  |  FRIDAY, 5 SEP 2025
... recognition of the sacrifices made within Australian families." Under the bill, spouses would be able to split their retirement savings via rollover - the spouse with the higher balance would roll an amount into the account of the spouse with the lower ...