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Showing 391 - 400 of 4075 results for "Savings"

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... Charter Hall entity to manage HPI and HPI's assets. The bidders have said that this will depend on potential costs savings and whether HPI has sufficient resources to perform the management function." The REIT's portfolio of 58 pubs nationwide ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... Sweeney found victims made a net loss of $54 million while he benefited about $12 million. "As well as the loss of life savings and family homes, the harm went beyond financial losses to breakdowns of marriages and family relationships, emotional, physical ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... to APRA figures, at June end Superhero Super - which was launched in May 2021 - was home to $584 million in retirement savings on behalf of 12,860 members. This will be bolstered when it takes on Slate Super's $584.2 million and Simple Choice's ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... July 31, almost 50 years on from its creation. The Nissan Superannuation Plan was created in 1977 to house the retirement savings of the car manufacturer's employees. The fund went through several mergers including the combination of the Nissan Executive ...

ISPT joins IFM: Names new leaders

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... ownership, and purpose will strengthen its capabilities, investment offering, and capacity to deliver for the retirement savings of millions of working people. "Over 30 years ISPT has developed a robust portfolio and strategic approach to investing in ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... 200,000 cases of non-payment of super in the 2021-22 financial year, amounting to over $5 billion in lost retirements savings - which notably, disproportionately affects lower-income earners, women, and casual workers. Payday super would lead to almost ...

IFM urges investment in housing, hires former Dexus chief

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... the steps governments could take to boost investment to deliver appropriate risk-adjusted returns to workers' retirement savings and deliver housing at scale. The key recommendation in the report - aimed at doubling the Housing Australia Future Fund ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... that shouldn't come as any surprise as "having a punt on bitcoin" or any other cryptocurrency isn't what life savings should be invested in. However, Shelley said AMP doesn't believe this is a speculative investment. "We have conducted extensive ...

Cost-of-living worries drain retirement confidence: MFS

KARREN VERGARA  |  TUESDAY, 17 DEC 2024
... bright side, confidence was higher among retirees drawing down on their super. About 38% are very confident that their savings and assets will provide sufficient cash flow throughout retirement. Among the Millennials surveyed, many turn to their super ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... customers," Court added. "We know scammers are constantly looking for new ways to exploit people. Customers can lose their life savings in an instant. Scammers do not discriminate." Responding, HSBC Australia said it has acknowledged the claim commenced ...