Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 211 - 220 of 1517 results for "Save"

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... percentage of the population while impacting a disproportionate share of superannuation savings. While these measures would save the budget a few billion in taxation subsidies, the political fight they could ignite might not be worth it, he added. Industry ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... uninsured products. Trustees of self-insured super funds must be aware of the risks associated with ignoring longevity risk to save costs and ensure that they have the necessary expertise to model them, he said. Failing to disclose how much a customer's ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... million paid in remediation, with the ANZ Advice fee for no service program being finalised. Overall, cost cutting saw Insignia save 7% in operating expenses, coming in at $518 million. In terms of further simplification, Insignia said it is targeting ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... generations to come." Insignia Financial chief executive Renato Mota commented: "Australians need security and confidence as they save for retirement, and we welcome the government's proposal to legislate the objective of superannuation. "Superannuation ...

Advisers put on notice: HLB Mann Judd

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... hesitation for new entrants to engage in tax planning upfront but flagged investing in tax advice - which is tax deductible - will save time and money. "A voluntary disclosure can mitigate against substantial penalties, time, cost and angst of a protracted ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... ongoing advice provides a disincentive for Australians to seek financial advice which will assist them to actively plan, save and secure their financial future," the FPA explained. "It also acts as a further barrier for Australians who have not previously ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... its top priority. Most HESTA members are low and middle-income working women and are therefore less likely to be able to save outside their super and are more likely to have lower account balances when they retire compared to their male counterparts. ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... investment returns and puts all employers on a level playing field. "Out on the street people know that super is money that you save for your retirement, and it is this simple notion that should be reflected in any laws designed to protect their financial ...

Insignia saves thousands of hours with AI

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
Implementing an artificial intelligence solution has saved Insignia Financial tens of thousands of working hours, it says. The financial services company rolled out its first digital worker called Optimus in 2019 and has since steadily increased its ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... retirement confidence. Respondents were also worried about the rising costs of mortgage and rent as well as their ability to save for retirement. "There's clearly much work to be done, by both industry and government, in simplifying, explaining and ...