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Showing 211 - 220 of 270 results for "Super Savings"

Westpac gives employees 12 months super pay

COMPANY RELEASE  |  TUESDAY, 29 JUN 2010
... year. Westpac's initiative comes at a time when increased calls are made to the government to pay attention to the super savings of Australians during parental leave. Earlier this year, the Investment and Financial Services Association urged the government ...

Super savings run out well before retirement: survey

ALEX DUNNIN  |  WEDNESDAY, 16 JUN 2010
The average retiree lives 17 years and their savings are expected to run out after only five, a new survey shows, proving yet again how most retirees are unprepared for life post-work, regardless of regulatory reforms. Analysis of the 2007 HILDA survey ...

SG lift costs super $700bn

MICHELLE BALTAZAR  |  FRIDAY, 11 JUN 2010
... superannuation balances. The long term impact is that following the original Henry proposals would have boosted aggregate super savings by an extra 20 per cent above what they would otherwise have been, they said. The government opting for the less attractive ...

Raising SG could impact regional companies

COMPANY RELEASE  |  FRIDAY, 14 MAY 2010
... Lachlan Baird, Prime Super chief executive. "While we believe that these changes will do their part to increase the super savings of Australians and thereby reduce reliance on our welfare system, we do have some concerns about the time frame over which ...

SG jump twice as bad as mining tax slug

ALEX DUNNIN  |  TUESDAY, 4 MAY 2010
... recommended contributions taxes be abolished and fund earnings be halved to 7.5 per cent. This would have boosted super savings more than the lift in SG and the impacts would have been immediate rather than take a decade to phase in. Analysis by Rainmaker ...

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
... advice. It would, however, transform the lives of many Generation X and Yers with at least $70,000 added to their super savings if the proposals become law. For example, a female worker earning the average weekly income today will get an additional $78,000 ...

Savings up, but not enough

RUTH LIEW  |  FRIDAY, 30 APR 2010
... report -- they save around $620 per year compared to $150 for a typical woman. Higher average incomes and compulsory super savings for men in their 30s to 50s would see them save $2,000 a year more than women in these age groups. There is also a wide ...

Single-issue advice soars 59pc: ESI Super

COMPANY RELEASE  |  WEDNESDAY, 28 APR 2010
Contrary to popular belief that Gen Yers are indifferent to their super savings, one super fund has recorded a 59 per cent jump in members seeking limited advice in the past three months. The fund recorded an increase in formal statements of advice ...

Astarra pain spreads to super funds

MICHELLE BALTAZAR  |  MONDAY, 19 APR 2010
... ongoing fraud investigation, which effectively means the affected fund members won't have access to their previous super savings (in the minute chance they can recover some or all of it). Who's accountable? Superannuation experts said that the NSW TAB ...

Super too complex to handle

MICHELLE BALTAZAR IS A MEDIA GUEST AT THE SECURITY ANNUAL CONFERENCE IN ADELAIDE  |  THURSDAY, 15 APR 2010
... industry body IFSA and researcher Core Data two months ago, that spoke volumes about investor behaviour toward their super savings. On the question regarding what the respondents would do if the government reduces a person's aged pension for every extra ...