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Showing 421 - 430 of 4075 results for "Savings"

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 was hitting their retirement savings. Some notable moves came from AustralianSuper - which cut the value of its unlisted assets to the tune of 7.5% on average ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... employs as few as 60,000 people nationwide at any given time; as a closed fund, it also cannot take on the retirement savings of those working via labour hire companies. In 2022, APRA sustainability metrics showed MIESF had a total account growth rate ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
... experiencing menopause and are seeing it impact their career, employment and earnings capacity are behind on their retirement savings; 36% are significantly behind. In 2023, modelling by the Australian Institute of Superannuation Trustees - now part ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... 2025. For one, ASIC will add a new priority in 2025 which it describes broadly as "misconduct exploiting superannuation savings". "We see this as an emerging and concerning area of vigilance and we are calling on superannuants and super trustees to exercise ...

Insignia Financial eyes 'most efficient' title by 2030

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2024
... Financial wants to be the "portfolio constructor of choice" by 2030. In all, Insignia Financial is targeting net cost savings of $200 million per annum while also driving double digit earnings growth. "We want to shift our focus from building capability ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... thanks to the magic of compound returns, a dollar invested early in life in super has the most power to grow our retirement savings exponentially over our lives." SMC research shows the majority (85%) of Australians believe anyone that does paid work ...

Prime Super names investments lead

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
... involved in successfully delivering the merger with Cbus in April 2022 and overseeing the transfer of members' retirement savings. Before that, he held several senior positions, including head of investment strategy at LUCRF Super, now part of AustralianSuper ...

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... the preservation of our members' capital with sufficient and curated risk exposure to opportunities that can grow their savings above inflation, for more consistent and dependable outcomes at and beyond retirement." She also noted that the fund's choice ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... that offered the same portfolios being available. The SEC said JPMS and its representatives failed to consider the cost savings and had no reason to believe their recommendations were in the best interests of the clients. On the back of JPMS's recommendations ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
... Kristian Fok noted Dean's experience and strong record of advocating for the interests of working people's retirement savings. "We look forward to Cbus benefitting from his strategic insights as our member-centric fund moves into its next phase," ...