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Showing 491 - 500 of 4043 results for "Savings"

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... has since picked up investment exposure to Whitehaven. "Vision Super must explain to its members why their retirement savings are once again invested in Whitehaven Coal, one of Australia's worst climate wreckers," Market Forces superannuation funds campaigner ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... Australians. "Otivo's recent modelling shows just how much starting extra super contributions early can boost your retirement savings. Consistent contributions over time can really enhance your financial security when you retire," he said. "... our ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... APRA statistics show that AustralianSuper had more than 3.4 million members at the end of March with $335.3 billion in savings. ART members of 2.4 million had $286.3 billion in assets while Aware Super's 1.2 million account holders had $175.4 billion. ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
Senator Andrew Bragg requested a costing analysis on savings in Commonwealth Rent Assistance (CRA) anticipated from the Coalition's proposed super for housing policy. This policy would allow individuals to withdraw up to $50,000, up to a maximum 40% ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... increasing the likelihood of retirees resorting to suboptimal self-insurance measures, such as frugality, to stretch their savings." Aboud said one of the biggest fears retirees have is running out of money, either because they outlive their savings ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... retirement. We tend to presume we'll be homeowners and mortgage free - but having unresolved debt or needing to drawdown on savings to pay rent is likely to be a big financial burden for many, especially if full-time paid work is no longer an option," ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... asset class which is in high demand yet difficult to access and make it available to anyone who is looking to have their savings work for them. "The TermPlus platform itself is totally unique and offers investors a great range of account features." Pengana ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... impacted consumers by about 7% and it is likely to impact many thousands of super fund members and their long-term retirement savings, Scotchbrook added. The SMSFA warns of other costs associated with changing systems and fee disclosure documentations. ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... more likely to be $4.9 trillion based on CoreData Research. This excludes $3.7 trillion of superannuation and money in savings accounts that aren't easily quantifiable. "It's the biggest financial change in the history of Australia and what that ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... payable and the effects of elevated inflation have weighed on household purchasing power. And the tailwind of pent-up savings on consumer spending has largely run its course." Aird said data shows that Australians have been spending more than was previously ...