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Showing 321 - 330 of 1513 results for "Save"

Active funds quell passive flows

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
Active fund managers still have a stronghold of the funds management landscape over passive strategies, overseeing US$2 out of every US$3, a new report finds. Calastone's latest research found that in Australia, inflows to active funds surged in ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
Allowing Australians to use their superannuation savings to buy property will push up house prices and worsen affordability for low-income earners, says ASFA. Liberal member of parliament Tim Wilson is currently campaigning to let Australians use their ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... ramifications, some wish to use the Retirement Income Review's findings to cut super for millions who otherwise wouldn't save enough for retirement." "This would be a terrible outcome as a more realistic working life pattern shows the current super rate ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ...

IOOF to spend big on BOLR

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services. At its half year results yesterday, IOOF reported an expected BOLR spend ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... ownership, which are experienced for around 50 years - during both your working life and retirement," Wilson said. "You can save for retirement after you own a home, you can't save for a home in retirement. That's why it should be home first ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... underperforming funds will be stapled to those funds," she said. A Financial Services Council analysis found stapling can save consumers up to $1.8 billion in fees in the first three years after implementation, chief executive Sally Loane said, but is ...

PADUA launches client fact find

ANNABELLE DICKSON  |  MONDAY, 15 FEB 2021
... relevant sections in stages, and offers a custom-branded solution for each practice. The initial beta testing found advisers save around 20 minutes during the fact find process and led to higher client engagement as the adviser can tailor the fact find ...

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... 2024," MYEFO stated. As such, to Titus Maccius Plautus' quote, "You must spend money to make money", we must add, "to save money", or in the MYEFO Budget revision... to spend less money. "The underlying cash balance is now expected to be a deficit ...