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Showing 2711 - 2720 of 6136 results for "Australians"

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
Shine Lawyers today filed a class action against Colonial First State alleging that hundreds of thousands of Australians were charged excessive insurance premiums. The action alleges CFS, as Commonwealth Bank's superannuation provider, put members into ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... sunshine (Wow!) I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) And don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne Institute consumer ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes. Effective April 1, AustralianSuper's members will start paying the 'Administration fee - Protecting Your ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... mismanagement in the superannuation sector. The whole point of the MySuper reforms was to make sure that millions of everyday Australians who hadn't made an active decision about their super were not losing money on higher fees and unnecessary or unused ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... investment committee for Atrium Investment Management. Elevate is targeting socially-aware millennials with its pitch. "Australians, particularly younger Australians, tend to view super as an unimportant and ineffective asset," Kwan said in a press release. ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... financial advice. HIUB24 director of strategic development Jason Entwistle said the new advice solution targets the 41% of Australians who intend to get financial advice but are put off by the perceived barriers. "No product solution to date has been ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... $533,000, with an additional $113,000 in tax over their working life. ISA said the proposal would see roughly 4.3 million Australians rely more heavily on the aged pension, which would eventually hit the nation's bottom line. "This dangerous proposal ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... Gaurav Khemka, Yifu Tang and Geoff Warren examined how different levels of SG impact on the welfare of individual Australians under current super, tax and pension eligibility rules. According to the research, the optimal SG varies "substantially" depending ...

NAB hires to improve governance

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... stability and essential services to consumers and businesses, while at the same time employing tens of thousands of Australians and providing substantial community support," McKeon said. "In recent years there organisations including NAB have been subjected ...

Wealth giants shrink advertising budgets

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
Australia's largest superannuation funds and wealth companies have largely cut back on their advertising spends over the past five years, documents from the Standing Committee on Economics show. Colonial First State, which is currently facing two ...