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Showing 211 - 220 of 4041 results for "Savings"

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 ...

NGS Super moves to make admin fees more equitable

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
About 80% of NGS Super members will benefit from fee savings when it transfers its administration function to Grow Inc. next month. As reported by Financial Standard, after a lengthy delay NGS Super is getting ready to transfer administrators. The move ...

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 ...

Brighter Super to add 68k new members

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... policies held under superannuation in OneCare Super, pre-OneCare Super (Leading Life, Renewable Term Insurance), (ex ANZ) Savings Plan - Superannuation, Personal Retirement Plan (Plus Range), Whole of Life, Endowment, Flexible Retirement Pension, and ...

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
... comes in second place with $333.7 billion managed on behalf of 2.4 million members. Aware Super has $198.6 billion in savings and 1.2 million members, while in fourth place, UniSuper has $145.2 billion and 704,000 members. Hostplus is in fifth place ...

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 ...

ASIC, APRA outline regulatory reform opportunities

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
... balance the costs and benefits," Lonsdale said. "While the performance test has had a significant positive impact from fee savings to members, some stakeholders raised potential concerns about the possible impact of the test on productivity." Lonsdale ...

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... that underpin it. "The job of super funds is to deploy capital into productive investments to bolster members' retirement savings," he said. "Those two competencies can and should be mutually reinforcing: building the businesses the nation needs, done ...