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Showing 361 - 370 of 789 results for "Younger"

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... claims experience, into account. For some members it means the cost of cover will increase," it said. "Typically, our younger members who are just starting out are less likely to need as much insurance, so we've reduced the standard cover for these members." ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
... reforms are meant to be sending a strong signal to the super industry that they need to do more to protect the savings of younger and lower-balance members," Verwey says. "Yet, Future Super seems to be one of the very few super funds who are responding ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
... meant to be sending a strong signal to the superannuation industry that they need to do more to protect the savings of younger and lower balance members," Verwey told Financial Standard. "Yet, Future Super seems to be one of the very few super funds ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... Rainmaker found MySuper lifecycle strategies underperformed the single strategy index in the older age cohorts. But for younger members aged 35 and under, lifecycle strategies outperformed the single strategies. In terms of retail versus not-for-profit ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... example. "Bumping the member fee to $150 or $200 - as a few industry funds are now doing - skyrockets the fees for these younger members into the stratosphere," he said. "Given most of super's tax subsidies and benefits go to older, wealthier Australians ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... of incomes, [meaning] that Australians buying homes have had to borrow more relative to their incomes." "Increasingly, younger Australians are delaying their first purchase and not becoming homeowners until later in life, so they've got shorter working ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
The $6.5 billion superannuation fund is "substantially" reducing premiums for younger members at the expense of members aged 50 and over. LUCRF Super is changing death and TPD, and death insurance cover from July 1 as part of the new Protecting Your ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... The report also shows that while the average age of people establishing self-managed funds is 48.9, women are typically younger when starting their self-managed super journey, establishing SMSFs at 48.4, on average a year earlier than men. With debate ...

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... continue robbing workers of their super entitlement means these workers are going to end up worse off at retirement." Younger workers in part-time, casual work and blue-collar jobs are more likely to be exploited by rogue employers. One-in-two young ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
... its members to fund their insurance premiums through their accumulation super fund account. According to PPS Mutual,its younger members in the medical, legal, accounting and engineering fields have specifically requested the option to pay for their life ...