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Showing 31 - 40 of 71 results for "Super Consumers Australia"

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN | THURSDAY, 2 MAR 2023

... dropping in real terms and affecting many, many more Australians." Meanwhile, industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN | WEDNESDAY, 1 MAR 2023

... subsidies, the political fight they could ignite might not be worth it, he added. Industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON | THURSDAY, 9 FEB 2023

... proposals create a two-tier system whereby poorer Australians will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran said the regulatory framework proposed by review chair Michelle Levy will result in independent ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN | FRIDAY, 16 DEC 2022

... raise that it's not the right benchmark as it's not aligned with improving member outcomes. Super Consumers Australia director Xavier O'Halloran commented eight million members are now experiencing lower fees because of the greater focus ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON | FRIDAY, 9 DEC 2022

... some trustees were also failing to adequately record complaints received. In response to the report, Super Consumers Australia director Xavier O'Halloran said: "Consumers have been left on hold for too long, it's time for super funds to stop talking ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN | TUESDAY, 8 NOV 2022

... as previously reported by Financial Standard, ASFA's Retirement Standard was labelled too high by Super Consumers Australia. The consumer body said a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000. ...

Members stick with dud super funds

ANDREW MCKEAN | FRIDAY, 21 OCT 2022

... because for too long there had been multiple accounts eroding members' fees. Meanwhile, new research from Super Consumers Australia (SCA) has found that products which failed the annual super performance test have on average cut their fees by 20%. SCA ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON | WEDNESDAY, 31 AUG 2022

... continue to explore ways to improve the efficiency of their MySuper products." Commenting on the results, Super Consumers Australia director Xavier O'Halloran said they mark a clear sign that the tail of underperforming super funds is being cleaned ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON | TUESDAY, 19 JUL 2022

New retirement targets released by Super Consumers Australia suggest the ASFA Retirement Standard needs a rethink, saying a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000 in retirement. The consumer ...

Chorus of self-interest in financial advice: SCA

JAMIE WILLIAMSON | WEDNESDAY, 6 JUL 2022

Super Consumers Australia believes we should look to the UK for inspiration when it comes to providing access to conflict-free financial advice, saying lessons of the Royal Commission have been forgotten and "a chorus of self-interest has emerged". ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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