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

Search Results

Showing 271 - 280 of 1517 results for "Save"

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Voluntary member contributions helped push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. ...

Clients want more communication from advisers: Research

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
... their adviser," he said. Most clients engage with an adviser for either life insurance cover or accumulation products to save for retirement. While a 70- to 75-year-old client no longer has a need for accumulation-related superannuation and insurance ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... increases for retirees are outstripping those for employees and retirees haven't been able to simply switch what they buy to save. While health costs are largely subsidised, out of pocket expenses remain substantial for items such as dental treatment ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... have not taught financial education at school. The survey also reported that students would like to learn more about how to save money and plan for the future, however 41% indicated they have low levels of knowledge about money and finance. "Young people ...

Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... restrictions, clients are telling Tribeca Financial senior adviser Stevie-Jade Turner that they've found it very easy to save money. "The biggest concern that I've been seeing working with new clients over the last 12 months, is that they now have significant ...

Australians plough record cash into managed funds

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
Australian investors put almost three times as much cash into managed equity funds in 2021 as they did in 2020, according to the latest Fund Flow Index from Calastone. Fund inflows rose to $35.7 billion across all assets in 2021, up from $13.6 billion ...

Advice firm rebrands, scores own AFSL

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... and in some cases fees have nearly tripled. Schonafinger said the firm, with a total of 13 staff members, has been able to save about $100,000 by going solo. But it's not just about the fees, he said, pointing out that a major advantage has been the ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... billionaires have had a terrific pandemic," she said. "Central banks have pumped trillions of dollars into financial markets to save the economy, yet much of that has ended up lining the pockets of billionaires riding a stock market boom." Morgain said ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... February 11. Members have been requested to inform the fund of a new super product to which their balances will be transferred, save having the funds transferred to the ATO. According to APRA data, in June 2020 CUBS Superannuation was home to just 1200 ...

Hejaz hires three senior leaders

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... at FNZ Group, Sunsuper, Commonwealth Bank, and Innovation Group Australia. About 1.2 million Muslims in Australia want to save, invest and buy houses just like other Aussies, Hejaz chief executive and founder Hakan Ozyon said. Hejaz's ambition is ...