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Showing 2171 - 2180 of 7415 results for "Retirement"

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... The Australian Tax Office reports women's median superannuation account balances are 20.5% less than those of men at retirement age. The Association of Super Funds of Australia (ASFA) says the gap is larger, with their numbers indicating women retire ...

Funds need retirement income strategy by July

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
Writing to super fund trustees, ASIC and APRA have confirmed that under the Retirement Income Covenant funds will need a strategy in place by July 2022. Outlining the timeline for implementing the covenant, ASIC and APRA said by 1 July 2022 funds are ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... including Media Super confirming fees will rise following its merger with Cbus next month, and the newly created Australian Retirement Trust anticipating fee cuts in the coming months. Meanwhile, AMG Super has also appointed a new group insurer ahead ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... alignment with international sanctions. The first fund to formally respond yesterday was the newly formed Australian Retirement Trust (the merged QSuper and Sunsuper), which confirmed it would divest Russian holdings. "Australian Retirement Trust has ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... consultation attempting to calculate exactly how much Australians need to retire in comfort. One of the findings of the Retirement Income Review was that retirees do not confidently spend their retirement savings due to the fear of running out of money ...

EQT buys Stockland Retirement Living for $987m

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
... finalise in the coming months. Under the terms of the agreement, EQT will acquire Stockland's portfolio of 58 established Retirement Living villages, 10 development projects underway and in planning, along with the associated management platform. "I ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
Australian Retirement Trust (ART), the entity created by the merger of QSuper and Sunsuper, has announced its next merger partner. The Australia Post Superannuation Scheme (APSS) has formally agreed to merge with ART. The APSS trustee's independent ...

Link Group hires general manager for transformation

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
Link Group appointed a general manager of services and transformation for its retirement and superannuation division. Jane Morwick takes on the new role at the ASX-listed firm, responsible for delivering retirement and superannuation solutions for Link's ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... go on parental leave combined with paying super during their time off could address the significant gap between the retirement savings of men and women. According to numbers from the Association of Super Funds of Australia (ASFA), women retire with an ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... merger between two super funds has seen the $130 billion QSuper and $97 billion Sunsuper merge to create Australian Retirement Trust. Australian Retirement Trust (ART) now has $230 billion in funds under management, making it the second largest super ...