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Showing 351 - 360 of 4054 results for "Savings"

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... this shifted to a net positive +4 after respondents were informed of the opposition's commitment to protect retirement savings from "unfair new taxes." FSC chief executive Blake Briggs said Labor's perseverance in raising taxes is eroding Australian's ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... consumers before passing them onto advisers. These advisers then recommend that consumers withdraw their superannuation savings from a regulated fund and invest them, sometimes via an SMSF (self-managed super fund), into a high-risk property scheme or ...

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... systems in the 2025 Global Pension Assets Study. The US has the biggest market with US$38 trillion ($60.6tn) in retirement savings, followed by Japan and Canada with US$3.3 trillion ($5.3tn) respectively, and the UK with US$3.1 trillion ($5tn). While ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... likely to get worse. Declining rates of homeownership among low-income Australians, together with the lower retirement savings of many women, increase the risk that more older women, in particular, will face homelessness as they approach retirement," ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... provide unpaid care - for their children or loved ones. HESTA modelling found unpaid care decreases members' superannuation savings at retirement by around 16%. In the next five years, around 14% of HESTA members are expected to retire. Blakey noted ...

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... and provide simple guidance and advice to help our members maximise the retirement income they generate from the super savings they've worked hard to build. We want to give our members greater control and financial confidence in retirement, and help ...

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... internalisation has delivered strong results for members, including contributing to an overall saving of investment fee and cost savings of more than $1 billion since 2018," added Gavin. "We will continue to look at ways we can bring further strategies ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
The UK National Employment Savings Trust (Nest) will take a 10% stake in Industry Super Holdings, the parent company of IFM Investors. Nest said it would primarily invest in IFM's alternate asset investments. An IFM spokesperson told Financial Standard ...

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 ...