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Showing 331 - 340 of 1634 results for "Retirement savings"

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... timely information to members about superannuation fees," she said. "Members should be confident that their retirement savings are not reduced over time by superannuation trustees making deductions from their accounts they are not entitled to make." ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... continues within the Future Group structure." Verve Super has close to 7000 members with about $271 million in retirement savings, equating to an average balance of about $40,000. Its objective since launch has been to narrow the gender savings gap in ...

Gender pay gap trends down: WGEA

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
... increase of three percentage points to 86%. "This is a sign that more employers are taking action to ease the retirement savings gap for women," Wooldridge said. Flexible work appears to be more embedded in workplace culture more than ever. Not only ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... October 20. In total, it will add 63,700 to ART's existing 2.3 million members, bringing $12.3 billion in retirement savings with them. This bumps ART's total funds under management to about $272 billion. As previously flagged, the merger is ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... in part-time or casual roles with lower incomes, typically retire with modest savings and rely on a mix of retirement savings, the Age Pension, and other government support. "The objective defined by the government, and the requirement that all future ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... firmly committed to addressing non-compliance with SG obligations. "Super belongs to employees for their future retirement savings and we do everything we can to ensure Australia's hard-working employees are receiving their lawful entitlements from their ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... the superannuation sector, could face comparable risks. "No Australian would want their taxpayer dollars or retirement savings to be inadvertently funding national security threats to our country or supporting companies facilitating serious human rights ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
NGS Super has launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives. Easy Default can be established on either the NGS Income Account or the Transition to Retirement Account. When the ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... the "Retirement Wage" concept. The asset consultant views this as a pivotal move to reshaping the future of retirement savings.

Super member loyalty on the rise: Data

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2023
... Loyalty among superannuation fund members is at a three-year high, with just 18% now intending to take their retirement savings elsewhere. That's according to the latest CSBA FEAL Superannuation CX Benchmarking report, which surveyed more than 7200 ...