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Showing 481 - 490 of 1702 results for "Retirement savings"

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... Financial Review (AFR) Super and Wealth Summit, super fund chiefs agreed that the tax concessions on bloated retirement savings accounts should be trimmed. The panel on the strategic directions for super consisted of Mercer Australia chief executive ...

Complacency the biggest risk to retirement: Forum

CASSANDRA BALDINI  |  THURSDAY, 10 NOV 2022
... take a while before you actually see these big drawdowns. He said there are a few options to remedy this. "Retirement savings strategy is multifaceted, you have to think holistically," he said. "So, there are three important points to be mindful of. ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
... 1617 individuals who already have accumulated $1 million or more in investment. Those surveyed reported median retirement savings of $625,000, which equates to 2.5 times the $250,000 median retirement savings of the overall survey population. While an ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... person. SMSFs are subject to annual audits to support the integrity of the system and protect members' retirement savings, the TPB said. ATO SMSF Regulatory Branch assistant commissioner Justin Micale welcomed the TPB decisions as an important outcome ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... below the threshold. This modelled outcome is expected to raise approximately $1.04 billion per year but reduce retirement savings by up to 36% for affected individuals. Measure two reduced the tax concession on pre-tax contributions, reducing the $27,500 ...

IFM Investors adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... and global strategy, which will help us continue to deliver on our purpose to protect and grow the long-term retirement savings of working people," IFM said. Commenting on her appointment, Long said: "IFM's heritage and purpose is distinct in the global ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... he's not bothered by the increasing intensity of regulatory scrutiny. "Those who look after other people's retirement savings should be scrutinised," he says. Despite the performance test and heatmaps, First Super has remained true to its conviction ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... claims and more importantly a key consideration was the impact of insurance costs and the reduction on members' retirement savings over time. "Overall, we're confident that our new insurance costs are competitive with other super funds and typically ...

ART chair steps down

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... confidence of my fellow trustee directors and I very much look forward to continuing to work to grow and guard the retirement savings of the two million Australians who entrust us with their superannuation," he said. "Don's contribution to Australian ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... possibly can to ensure that we don't have any gaps in that area." As for Canberra's suggestion that retirement savings could be invested in social and affordable housing, Taylor is clear that any deal must be in the financial interests of its ...