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Showing 2081 - 2090 of 6134 results for "Australians"

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... identified this morning in submissions, it being an unlikely prospect," he said. According to ASIC, around 390,000 Australians became members of Essential Super as a result of the distribution agreement, which ASIC believes amounts to a contravention ...

Investor population rises for global equities

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
Young Australians have flocked to trade listed investments for the first time, having set their sights on global equities, new research shows. Investment Trends 2020 2H Online Investing Report found that 435,000 Australians placed their first trade ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... AFCA resolved disputes totalling $294 million. Earlier this year, the ATO found the early release of super scams cost Australians over $6 million. Untersteiner noted that superannuation funds worked with AFCA to resolve consumer concerns over the ERS. ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... investment specialist Anthony Doyle said while the Reserve Bank of Australia appears to have successfully incentivised Australians to borrow and spend - with the housing market, in Sydney especially, running hot - monetary policy globally will force ...

Women don't own fair share of super

ELIZABETH MCARTHUR  |  TUESDAY, 9 MAR 2021
New research from Rainmaker Information has highlighted the stark gender gap in superannuation savings. Despite making up half of the population, women only own roughly 40% of the funds under management in super - equating to approximately $1.2 trillion. ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
New research shows superannuation funds with females holding an executive position continue to outperform male counterparts. Of the 50 super funds analysed in Rainmaker's annual W-Index, one-third of leadership roles such as chairs of the board ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... that through a sensible investment strategy, a little now multiplies over the years into much more." Anderson said Australians should be looking to their funds for education and support to get insight into how the super and retirement systems work. "The ...

Cost of living eroding super: ASFA

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... had to pay more for health insurance premiums, which increased from 1 October 2020 by around 3%. About 2.2 million Australians aged over 65 have private health insurance, up from two million just three years earlier. "COVID-19 impacted on just about ...

AMP launches new intra-fund advice offer

ELIZABETH MCARTHUR  |  THURSDAY, 4 MAR 2021
... up some issues around retirement goals and options. AMP said its own financial wellness research indicates 44% of Australians are concerned about not having enough money to retire and one in three are worried about how market events could impact their ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... not perfect. High fees, persistently underperforming funds and too many duplicate accounts are a drag on the system. Australians can be reassured that the Morrison government is determined to continue our arc of reform ensuring the superannuation system ...