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Showing 11 - 20 of 1623 results for "Retirement savings"

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... moved her superannuation into First Guardian. Kee recently told Financial Standard she lost $380,000 of her retirement savings following the collapse of First Guardian and has been advocating for other victims of First Guardian as well as Shield. AFCA ...

Law blocking abusers hiding super assets passes parliament

VINNY VUCAGO  |  FRIDAY, 15 MAY 2026
... has been strongly backed by the superannuation sector, which said the changes reinforce the integrity of the retirement savings system. Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said convicted perpetrators ...

Adviser ban stretched to 2028 in ASIC deterrence win

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... known, that the model operated as a scheme designed to induce vulnerable individuals to invest their entire retirement savings in a way that primarily benefited UGC and its associated entities, while exposing those investors to significant risk. "Despite ...

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
... efforts to target unlicensed conduct and protect consumers from financial harm, particularly in areas involving retirement savings and SMSF's. The matter was prosecuted by the Office of the Commonwealth Director of Public Prosecutions following an ASIC ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... retail investors following the collapses of First Guardian and Shield Master Funds, where over $1 billion of retirement savings were lost. The Super Members Council (SMC) welcomed the decision and highlighted the need for more consumer safety in super ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... the ATO, even isolated discrepancies can carry significant consequences for members' tax positions and retirement savings. As the industry prepares for payday super reforms from July 2026, scrutiny around data governance, complaint handling and the ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... partner for Australian funds and it will continue to work closely with the UK Government so Australian workers' retirement savings can help get quality projects off the ground. "It's a familiar market with a deep pipeline in the energy transition and ...

Product showcase: A guaranteed future

THE FINANCIAL STANDARD TEAM  |  MONDAY, 11 MAY 2026
... part, Allianz Retire+ launched Allianz Guaranteed Income for Life (AGILE). AGILE aims to help convert super or retirement savings into a stable, lifelong income stream with the potential to grow and protect against market downturns. For example, a 57-year-old ...

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
New Zealand needs to reform its pension sector, increasing the age at which retirement savings can be accessed and no longer taxing those savings, according to the Organisation for Economic Co-operation and Development (OECD). In its latest report on ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
... tactics to protect members hard earned savings," Fok said. "As long as there are gaps in the system, Australians' retirement savings will be at risk from unscrupulous operators." Longo also highlighted it is important for ASIC to remain transparent on ...