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Showing 341 - 350 of 4036 results for "Savings"

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... superannuation tax is also political trickery at its crudest, designed to hit only those with over $3 million in retirement savings - rich boomers - because after all, who could object to that...? Whilst the incidence of the tax, who it will actually ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... back against ASIC saying the regulator ignored the significant steps the sector has taken to effectively protect super savings. "ASIC's letter to superannuation trustees, released first to the media, seemingly ignores the super sector's proactive measures ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... Super Members Council (SMC) shows close to one million older Australians are paying more in tax by leaving their super savings in accumulation products. The SMC said 700,000 Australians aged over 65 and no longer working full-time have yet to transition ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
Super Consumers Australia (SCA) has unveiled new savings targets to help Australians work out how much they'll need to save for a lengthy retirement, provided they own their home outright. For single retirees aged 65 planning to spend at a "mid-level" ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... is committed to supporting the more than 50 million everyday investors and retirement savers who entrust us with their savings. We're pleased to have reached this settlement and look forward to continuing to serve our investors with world-class investment ...

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... Australians find the superannuation system and retirement planning frustrating and few retirees draw down on their retirement savings as intended, making it a "massive inheritance scheme" tilted in favour of the wealthy.

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
... "Together these transformational programs will deliver the strengthened business platform, improved efficiencies and unit cost savings that will underpin our continued growth, and further future profit and operating leverage improvement in the medium ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... implement the 'best-in-show' list of funds to help simplify a "complex" system and allow retirees to spend their savings with confidence. The new report, Simpler super: Taking the stress out of retirement, suggests reforms that could help Australians ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... getting workers to raid what's left for more expensive houses. "It's clear that working people's wages and retirement savings are at risk under Peter Dutton."

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... and pension services landscape". MUFG Retirement Solutions has some 12.5 million members and $865 billion in retirement savings. TCS country head for Australia and New Zealand Vikram Singh said the collaboration will strengthen the firm's work in ...