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Showing 431 - 440 of 1514 results for "Save"

AustralianSuper SG modelling paints dismal picture

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... low income people that would be potentially totally reliant on the government age pension in retirement if not compelled to save in a mandatory system. A heavy burden on future taxpayers in an ageing population scenario," it said. The results were published ...

T. Rowe Price shutters local fund

KANIKA SOOD  |  MONDAY, 17 FEB 2020
Great returns and a well-regarded portfolio manager were not enough to save the local version of T. Rowe Price's Asian equities ex Japan fund, which is shutting after outflows. The T. Rowe Price Asia ex-Japan fund is managed by Hong Kong-based Anh ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... with a family to support and mortgage commitments to meet." The PDS for AIA Priority Protection says it's possible to save up to 20% on premiums by "making healthy lifestyle choices" with AIA Vitality. The PDS is 204 pages long and does not include ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... outnumbering optimists (below 100 index points) for the sixth straight month in January. Pessimistic consumers will continue to save rather than spend, weakening business confidence as sales and profits decline that, in turn, lead to freezes pay hikes ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... account that when compulsory savings go up, there's some offset in voluntary savings," Lowe said. "So if you have to save more through super, you might save less voluntarily and therefore your consumption doesn't move." RBA assistant governor ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... submission to the government's review of the retirement income system, KPMG highlights how the current system for Australians to save for their retirement exacerbates the economic inequality between men and women. Drawing on a series of proposals put ...

BetaShares calls for universal pension

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... asset test and making the pension available to all Australians. Cohen argues that this policy would encourage Australians to save more, as opposed to the current design where for certain balances additional savings are discouraged due to the effect of ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... from the system by APRA, expanding workplace award coverage and lowering the taper rate to $2 to remove a disincentive to save for middle income earners. It also recommended examining tax concessions, increasing the low income superannuation tax offset ...

Overhaul bites Deutsche Bank bottom line

ALLY SELBY  |  FRIDAY, 31 JAN 2020
... well as severance expenses of €805 million. Chump change, considering the bank made 18,000 people redundant in a bid to save €6 billion by 2022. Deutsche Bank said the losses were in line with expectations. "All these transformation-related effects ...