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Showing 21 - 30 of 267 results for "Super Savings"

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... risk, supporting the economy by channeling savings into investments, it added. "Australia's $2 trillion pool of super savings in profit-to-member super funds has not only improved the lives of working people but also generated national prosperity," ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... including seeking out financial advice. "As women approach retirement, transitioning from a regular income to relying on super savings raises new questions and concerns - particularly as they deal with daily cost-of-living pressures and rising medical ...

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 ...

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 ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... this year, which he said will automatically result in young people retiring with more than $20,000 in additional super savings.

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... them the best chance at a great life after work," Furlan said. "The two biggest factors that can limit members' super savings is not taking on enough investment risk while they're younger and then conversely not adequately de-risking as they ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... five months in prison. The Morrison government at the height of COIVD-19 allowed the withdrawal of $10,000 from super savings over two financial years if members lost a job or 20% of their income. Between 20 April 2020 and 31 December 2020, the ATO received ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings accounts they hold. From July 1, the percentage fee will apply to the first $500,000. As a result, administration fees ...