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| | | The cost of a comfortable retirement increased by about 1% last quarter, with couples aged 65 now needing $73,337 per year, and singles requiring $52,085, according to the latest data from the Association of Superannuation Funds of Australia (ASFA). ... |
| | | | ... in collaboration with Elemnta, this feature reportedly allows advisers to open new accounts more efficiently - with time-saving pre-population of up to 15 forms and the ability to set up multiple accounts simultaneously - which is all completed via secure ... |
| | | | Super Members Council chief executive Misha Schubert has defended the selection requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear ... |
| | | | Lendlease's financial woes deepened in the 2024 financial year, making a $1.5 billion loss amid overhauling its operations. The ASX-listed firm's losses ballooned from $232 million in FY23 despite reporting 15% growth in EBITDA to $809 million ... |
| | | | A year into its investment scam disruption project, ASIC has taken down more than 7300 phishing and investment scam websites. This includes the removal of 5530 fake investment platform scams since July 2023. It has also seen the closure of 1065 phishing ... |
| | | | Australian Retirement Trust will welcome a new chief financial officer in October. It comes as the fund also adds three new leadership positions to its investments function. Phil Fraser will take over as chief financial officer on October 1, replacing ... |
| | | | Bell Financial Group posted a net profit after tax of $16.6 million for the half year to June 30, a 50% increase on the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management ... |
| | | | ... For a Hostplus Superannuation & Personal Super member with $50,000 invested in the Hostplus Balanced option, this means a saving of $16 p.a." In addition to the removal of the trustee fee, the super fund said it negotiated lower insurance fees for all ... |
| | | | The US regulator has filed charges over a $453 million Ponzi scheme that saw more than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction ... |
| | | | Bravura Solutions returned to profit in the 2024 financial year following a "difficult year" but flags it is not done with its cost-cutting strategies. The ASX-listed firm's total revenue was stable at $250.4 million but managed to haul itself out of ... |
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