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Showing 2131 - 2140 of 6134 results for "Australians"

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... Income Review did not model the impacts to the Federal Budget or the retirement adequacy impacts of the three million Australians withdrawing super early. But it cautioned against early release-style schemes because they lead to a significant decrease ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... director David Orford said. "At Optimum Pensions we started the journey to develop better retirement income options for Australians and this solution will allow the growing number of retirees to have more confidence to manage their finances, so that ...

MySuper eyes growth asset returns

KARREN VERGARA  |  MONDAY, 18 JAN 2021
MySuper products are achieving near growth-like returns yet incurring investment risk closer to that of balanced products on average, new research shows. Rainmaker's latest RMetrics report found the 55 MySuper funds analysed delivered three-year ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with a rise in investment scams and government impersonation ...

Ignition Advice expands team

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... and ING. "I have for a considerable period of time believed that digital advice is a key ingredient to helping more Australians access safe, compliant and affordable advice," Coulter said. "I believe that there is a real convergence of purpose with industry ...

Bad year for super funds

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Three in four superannuation funds reported negative net earnings last year, after accounting for all expenses and income. About 109 superannuation funds had a negative year, while only 33 had a positive year, according to APRA's fund-level data for ...

CSC announces new partnership

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
Commonwealth Superannuation Corporation (CSC) has announced a new partnership, designed to support Australians suffering with mental ill-health. The $50 billion super fund for government employees has partnered with Lifeline Australia. The three-year ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... with only a 0.1% total cases of infection per million heads and only 0.004% deaths (based on worldometers.info data), Australians could afford to wait for the jab. Latest Australian Prudential Regulation Authority (APRA) figures indicate that there's ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... citing its small size. Lifecyle MySuper products first hit the shelves about seven years ago. They aimed to solve Australians' low engagement with their superannuation savings by automatically de-risking members' investment portfolio progressively as ...