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Showing 11 - 20 of 1350 results for "Retirement savings"

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to own their own home, but this idea won't achieve that - it would just make ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... or spikes in inflation," he said. "Today, many retirees are underspending due to the fear they will outlive retirement savings. We, as an industry, have a responsibility to empower confidence to spend in retirement, provide assurance that income will ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... She also noted the importance of continuing to include fees in the performance test because of its impact on retirement savings. "Fee transparency not only allows members to assess and compare costs between funds, but also drives competition across the ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... aligns both with the nature of the investments and with UniSuper's members many of whom would be investing their retirement savings for many years to come. UniSuper said the move comes as it continues to work towards its objective to achieve net zero ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
... 30. Remaining members have until June 14 to notify the trustee which alternative super fund they'd like their retirement savings to be directed to. To assist members in doing so, MFMRF will provide up to $2000 to each member to receive financial advice ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... savings is a growing concern among older Australians. Providing retirees with the confidence to convert their retirement savings into a regular income can materially improve their quality of life, supporting better retirement outcomes as well as benefiting ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... which would bridge an understanding gap that has led to policy uncertainty, misguided proposals, and reduced retirement savings, ultimately placing a greater burden on taxpayers. "The Objective of Superannuation will importantly benefit and support superannuation ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... account balance. "As every little bit counts, we think that this move will provide a welcome boost to your retirement savings over the long term," TelstraSuper said. The super fund said this is the third time it had reduced its percentage-based admin ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... from the Association of Superannuation Funds of Australia (ASFA) shows. The association said that "raiding" retirement savings to enter the property market would exacerbate the current state of inaccessibility and unaffordability for many. Since 2000 ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... track of their superannuation," the report said. Meanwhile, retiring members need guidance to manage their retirement savings. They'll need to balance not drawing down too quickly and risking outliving their savings with not drawing down too slowly and ...