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Showing 291 - 300 of 4036 results for "Savings"

Cbus chief investment officer resigns

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... results our more than 920,000 members deserve." Fok said Cbus is preparing to deploy more than $20 billion in members' savings over the next five years, with at least $5 billion into private markets and $10 billion in domestic investment. "Leigh's previous ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... suggested, excessively weighted toward real property. ASIC deputy chair Sarah Court said misconduct exploiting superannuation savings is an enforcement priority. ASIC updated its guidance on conflicted and banned remuneration (RG 246) in December 2020 ...

Advisers seek investment philosophy, performance in managed accounts provider

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... "In addition, managed accounts are demonstrating their value to advice businesses, with 92% of advisers reporting time savings in administrative tasks and 81% expressing overall satisfaction. However, challenges exist to their broader adoption. The migration ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... report said. "These reforms present an opportunity to enhance fairness in the system while preserving long-term retirement savings." In fact, speaking at a media event last week, ASFA chief executive Mary Delahunty justified the sentiment. "ASFA believes ...

Institutional capital returns to retail real estate after hiatus

ANDREW MCKEAN  |  THURSDAY, 17 APR 2025
... global economic risks linked to US President Donald Trump's tariff measures, are also expected to bolster the household savings rate. In turn, the decline in inflation and lower short-term interest rates are predicted to lift disposable income, positively ...

Nearly $9bn leaves Perpetual

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... previously announced, low margin, short-term mandate won in 2024." Perpetual is set to deliver $30 million in annualised cost savings by 30 June 2025 as part of its broader simplification program to deliver $70-$80 million in annualised cost savings ...

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
... "With rising living costs and ongoing market volatility, many retirees today live with the real concern of outliving their savings. Guaranteed lifetime income gives retirees confidence to spend, knowing their income is secure for life, and can be protected ...

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... plan would effectively "nationalise" LMI. "By subsidising all first homebuyers, including those with a good income and savings in the bank, the purpose of the First Home Guarantee scheme is lost, and a functioning private market may be severely and irreversibly ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... seriously, as we should. Australians place enormous trust in the super system and rightly expect that their retirement savings will be safe and protected. When that trust is tested, it must be taken seriously."

Short-term noise reinforces long-term investment thinking: ART

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... coming from global trade tensions and heightened risks of a recession but remain steadfast in how it will position members' savings for the long term. Speaking at a financial adviser roadshow in Sydney, ART chief economist Brian Parker discussed the ...