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| | | ... wealthier pre-retirees. In 2024-25, 68% of Australians who were switched out of five large, high performing, profit-to-member funds into for-profit platform-based super funds, had under $100,000 in super, and 80% had under $200,000. SMC said a similar ... |
| | | | ... billion in the year ending in December 2025. Employer contributions increased by 8.6% over the year to $156.3 billion. Member contributions increased by 19.2% over the year to $64.5 billion. Benefit payments increased by 12.5% to $139.9 billion in the ... |
| | | | ... continued to use our collective voice to encourage companies to do better. McMurdo also highlighted the transition of its super member base into a single administration platform has improved operational aspects. "Likewise, the continued rollout of the ... |
| | | | ... draw down more than the minimum pension, but this surged to 96% when using Retirement Manager. Aware Super group executive member growth Steven Travis said results from the pilot was evidence the tool proved helpful in effective retirement planning. ... |
| | | | AustralianSuper has made a raft of changes to its Member Direct option, effective March 28. Portfolio administration fees on the 'Term Deposits' and the 'Shares, ETFs and LICs' levels of access will be reduced from $180 p.a. to $150 ... |
| | | | ... of the arcpoint OCIO team include AMP deputy chief economist Diana Mousina, who is an independent investment committee member, and former Madison Financial Group general manager and Clime Private Wealth lead Jaime Johns, serving as non-executive chair. ... |
| | | | Colonial First State (CFS) has ceased its partnership with digital advice technology provider Otivo less than two years after joining forces, opting instead to launch an in-house offering called Super Advice. As of February 23, the Otivo digital advice ... |
| | | | ... combine products and product settings to construct retirement income solutions appropriate for identified cohorts; foster member engagement in retirement to support informed choice and improved retirement outcomes; and review and improve their trustee-designed ... |
| | | | The cost of comfortable retirement for homeowners at age 67 has reached a record high, according to ASFA's latest quarterly Retirement Standard. A comfortable retirement super balance is now $630,000 for singles, up from $595,000. Couples would ... |
| | | | ... in members being misled. The Environmental Defenders Office has made a formal complaint to ASIC on behalf of a UniSuper member, claiming the investment criteria of the GEO option was watered down significantly in March 2025, enabling greater investment ... |
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