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Showing 271 - 280 of 4036 results for "Savings"

Middle Australia on track for 'comfortable retirement': ASFA

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... the SG rate will rise from 11.5% to 12%, which, according to ASFA, is expected to bolster a median wage earner's super savings by an estimated $20,000 over their lifetime. "With the super guarantee increase to 12%, we are seeing super fulfill its objective ...

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... wealth. "It's [the strategic relationship] a shared commitment to help individual investors manage their investments and savings, ultimately for their retirement," he said. Benefits to individual investors aside, it's a "win-win," he said, as ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... using personal details and passwords available on the dark web, with a select number of members having their retirement savings stolen. In a letter to super fund chairs, APRA deputy chair Margaret Cole said that although it "has consistently emphasised ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... viability of the superannuation tax, which will potentially see a 15% increase in taxes applied to the proportion of super savings exceeding the $3 million threshold. Canavan argued that the taxing of unrealised gains is incredibly unfair, and people ...

Super needs customised, personalised approach: FSC

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... engage with those aged 35 to 49 by looking at their evolving personal circumstance and provide guidance on understanding savings and contributions behaviour and product selection. NMG Consulting partner Lachlan Reardon told the FSC panel discussing the ...

Retirement confidence highest since 2020: SSGA

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... retirement or embracing partial retirement," Shead shared "Additionally, many Australians plan to increase their short-term savings in the next six months, likely due to the market volatility we are seeing."

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... average performance of the option over the past 10 years was better than it was." The information was provided via the Super Savings Product Dashboard on the fund's website. As a result, the fund was handed an infringement notice to the tune of $18,780. ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... actions. "This is about justice for ordinary Australians. These are people who trusted AMP to safeguard their retirement savings - and instead lost thousands of dollars." Meantime, Maurice Blackburn's national head of class actions Rebecca Gilsenan said ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... threshold is leaving young tradies, apprentices, and women in construction, without support that would give their retirement savings a boost. Cbus said the number of its members receiving LISTO has declined over the past five years because the income ...

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
... the five years to March 2025. It calculated that 14.5 million MySuper accounts would've achieved an average retirement savings uplift of 6.6% over the period if their investments had been aligned to their age. Russell Investments head of Asia Pacific ...