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Showing 431 - 440 of 4042 results for "Savings"

BUSSQ board members removed

ANDREW MCKEAN  |  FRIDAY, 13 SEP 2024
... and Jacqui have provided outstanding service to the members of BUSSQ. Their dedication to looking after the retirement savings of our members has always been evident and their input will be missed. On behalf of the board, chief executive, and team, I ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
The complexity of retirement income decisions has left many feeling ill-equipped to manage their superannuation savings and generate an income that will deliver a comfortable lifestyle later in life, according to GBST research. The wealth management ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
... isn't an option. The current economic climate also has close to one in five (19%) Aussies believing that $1 million of savings is not sufficient to afford retirement. Further, 62% of Australians over 70 years (1.7 million people) do not have any superannuation ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... Leave Pay is very welcome - but its bid to make it optional undermines the whole policy intent of boosting the retirement savings of new mums. It said the cash-out proposal sends a worrying message to mums that they should sacrifice their future financial ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... legislation to define an objective of superannuation. The Superannuation (Objective) Bill enshrines the goal to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way. "The objective ...

Hostplus launches digital advice platform

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... operating model, which aims to support Hostplus members to understand and navigate key decisions around their retirement savings," Gervasoni said. "The ability to deliver personalised education and personal advice to eligible members at scale through ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... continue to invest in our business platform, the completion of these projects is expected to deliver annualised unit-cost savings of approximately $4 million to recurring operating expenses," Australian Ethical said. In selecting State Street, Financial ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of 2023, which addresses ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... entitlements in just one year, with the average worker losing $1800 - a loss that could result in over $30,000 less in retirement savings. The SMC said that this issue of unpaid super, driven by the misalignment between super and wage payment, creates ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... generation is seeing first-hand how important super is to long-term financial security and the power of growing retirement savings over time." Adversely, more than half (51%) told HESTA that they did not alter their retirement plans, while 6% have been ...