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Showing 271 - 280 of 4501 results for "Saving"

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Slater and Gordon Lawyers are investigating a potential class action on behalf of investors in First Guardian Master Fund and Shield Master Fund for allegedly operating a Ponzi scheme with thousands of Australians' superannuation savings. Slater and ...

REI Super delivers double-digit returns in FY25

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
REI Super, an industry superannuation fund primarily for real estate professionals, has returned 10.34% in its MySuper option for the year ended 30 June 2025. Over the same period its balanced pension option achieved 11.40%, while the Growth Plus and ...

Prime Super delivers double-digit returns

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Prime Super has delivered 10.82% investment returns to members within its MySuper option marking the third consecutive year of returns above 9% for the fund. The super fund has also dropped transaction costs from 0.2% to 0.06% for those in the MySuper ...

Australian Ethical MySuper returns 10.5%

JAMIE WILLIAMSON  |  TUESDAY, 22 JUL 2025
Australian Ethical's MySuper option achieved 10.5% p.a. after fees in FY25. The super fund said the result demonstrates the strength of the ethical investment approach despite challenging markets. Some of its other options also saw double-digit ...

Adviser exodus puts retirement savings at risk: CPA

KARREN VERGARA  |  THURSDAY, 17 JUL 2025
CPA Australia says the drastic exodus of financial advisers has put Australians' retirement money at risk, possibly leading them to invest in higher-risk schemes. According to the Financial Adviser Register, there are only 15,300 advisers left in the ...

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Industry Fund Services (IFS) has collected more than $226 million of unpaid superannuation in the previous financial year, bringing its total recoveries to over $2 billion to date. Despite the effort, the ability to easily recover super is still a fair ...

MySuper delivers 10.3% in FY25

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
MySuper options are set to deliver 10.3% p.a. on average for the 2025 financial year, according to Rainmaker Information. This is an improvement of 0.9 percentage points compared to the 2024 financial year's return. This also marks the third consecutive ...

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
HUB24's total funds under administration (FUA) reached a record $136.4 billion at the end of June. Net inflows for the 2025 financial year were $19.8 billion, up 25% annually. Excluding the $4 billion of migrations during the period, net inflows ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Zurich Australia is set to take on a major mandate from Australian Retirement Trust (ART) to provide insurance for its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate ...

TelstraSuper Balanced option makes 9.3%

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
TelstraSuper's Balanced option reported 9.3% p.a. for the last financial year, lagging the median of 10.1% p.a. For the TelstraSuper's members in the Personal/Corporate Plus and TTR Income stream, the Balanced option made 6.9% p.a. over a 10-year period. ...