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Showing 321 - 330 of 4142 results for "Savings"

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... that underpin it. "The job of super funds is to deploy capital into productive investments to bolster members' retirement savings," he said. "Those two competencies can and should be mutually reinforcing: building the businesses the nation needs, done ...

Using super as 'piggybank' would be a 'disaster': Schroder

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... executive Paul Schroder has used his speech at the National Press Club to warn the government that Australians' retirement savings should not be treated as a "piggybank". Schroder said it would be a "disaster" for members if governments told super funds ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... time in June, APRA began examining more than 200 retirement products that hold $490 billion in members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the ...

Legalsuper updates investment, insurance fees

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... portfolios to be resilient in a wide range of market scenarios across a full business cycle and our focus is on growing your savings through competitive returns while carefully managing market risks," the super fund told members. "We constantly review ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic advised clients to set up a self-managed superannuation fund ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... action is the latest part of ongoing enforcement activity to clamp down on misconduct we consider exploits superannuation savings. "This type of conduct doesn't just undermine the integrity of the financial advice and superannuation industries, it ...

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... around still requires ongoing effort. This was accompanied by a broad restructure, delivering over $2 million in annual savings, largely from executive costs, third-party service reductions, and IT renegotiations," he said. Such savings were reinvested ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... the investment management and does not set the strategic asset allocation. MySuper holds the lion's share of member savings with $1.2 trillion. Non-platform TDPs have $432 billion and platform TDPs have nearly $20 billion, while non-platform EDPs ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... temptation of illegal early access schemes. The consequences can include additional tax, penalties, loss of retirement savings and disqualification as an SMSF trustee which goes on the public record," she said. In the 2021-22 financial year, the ATO ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... next 12 months, ASIC will put more pressure on superannuation trustees to be more accountable for Australians' retirement savings. "In late 2024 and early 2025, ASIC initiated court proceedings against two super funds over their claims handling practices. ...