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Showing 241 - 250 of 1629 results for "Retirement savings"

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... Leave Pay is very welcome - but its bid to make it optional undermines the whole policy intent of boosting the retirement savings of new mums. It said the cash-out proposal sends a worrying message to mums that they should sacrifice their future financial ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... Parliament must adequately consider changes. "The objective embeds the principle of preservation - ensuring that the retirement savings of Australians are protected from the whims of ideology and providing certainty to people who have worked so hard ...

Hostplus launches digital advice platform

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... operating model, which aims to support Hostplus members to understand and navigate key decisions around their retirement savings," Gervasoni said. "The ability to deliver personalised education and personal advice to eligible members at scale through ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of 2023, which addresses ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... entitlements in just one year, with the average worker losing $1800 - a loss that could result in over $30,000 less in retirement savings. The SMC said that this issue of unpaid super, driven by the misalignment between super and wage payment, creates ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... generation is seeing first-hand how important super is to long-term financial security and the power of growing retirement savings over time." Adversely, more than half (51%) told HESTA that they did not alter their retirement plans, while 6% have been ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... findings. The fund said that the industry should be well-regulated to ensure members have confidence that their retirement savings are well cared for, but if APRA deems further review is necessary, it should exercise its own regulatory powers rather ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... after being convicted of fraud in 2019 has once again been found guilty of misleading clients to invest their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser and director of Growth Plus Financial Group (in ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... options. Some of these options include a lifetime annuity which is designed to address the risk of outliving retirement savings. The fund partnered with Challenger to offer these blended solutions which are intended to help provide customers with security ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... entitlements." According to advocacy group The Parenthood, as much as $30,000 could be added to a family's retirement savings per child under the move. ​"The reality is that today in Australia there are so many financial hurdles to having a family ...