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Showing 491 - 500 of 1702 results for "Retirement savings"

Super members switching options amid uncertainty

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... that 11% have switched to a more conservative risk profile in the past six months in a bid to safeguard their retirement savings. In total, this year has seen almost 20% of super members make a change to their risk profile, 11% of them taking a more ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... risks with their portfolio to make up the ground they've already lost. Both will make it hard to preserve retirement savings and make it harder to attain a secure retirement." A separate survey recently conducted by Natixis IM found that 49% of advisers ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... members' fees through multiple sets of fees and ensuring that members weren't getting the full value of their retirement savings, but we understood that there were going to be some consequences to the way the former government set stapling up ...

Affordable housing super's Achilles' heel: Weaven

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
... Rubin said that if she were re-designing the superannuation system today, she would address the lower levels of retirement savings for women. "The system was designed for full-time permanent workers, and we can see now when we look at the retirement ...

IFM Investors appoints chief strategy officer

CHLOE WALKER  |  MONDAY, 5 SEP 2022
... ESG and sustainability, which we believe helps us deliver on our purpose to protect and grow the long-term retirement savings of working people," Neal said. "She will lead IFM's global strategy to continue to meet the needs of our investors and their ...

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... 10% rely on pension alone. Women were more likely than men to take the minimum drawdown only. A profile of retirement savings and investments revealed 8.5% have more than $1.5 million while 16.9% have $200,000 - $500,000. Data also found 81% owned their ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... of the result. Combined, the failed products are home to about 600,000 members and close to $28 billion in retirement savings. Those that failed for a second time have until September 28 to notify their members. They can now not take on any new members ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... international shares option fell (0.44% to 0.4%), and fees on cash remain unchanged (0.06%). "To grow members' retirement savings over the longer term, the fund invests across a range of asset classes. This helps cushion the impact of downturns while ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
Industry Super Australia (ISA) has said that industry super funds' exposure to unlisted assets could lead to its members having more than $130,000 extra at retirement. Today, industry funds have investments of over $1 trillion, including more than ...

Mercer NZ names chief investment officer

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
... Blackrock, JLL and Credit Suisse in London. "It is a huge honour to lead a team entrusted with managing the retirement savings of over 100,000 Kiwis as well as the assets of endowments and foundations which enhance millions of lives throughout New Zealand's ...