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Showing 521 - 530 of 1638 results for "Retirement savings"

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
... officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will retain the Media Super brand for the purpose of communicating with ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing Adequate Retirement Incomes for an Ageing Australia is a policy ...

World Pension Alliance condemns COVID early release

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... financial fragility at the time of retirement." According to WPA, Chile has drained 25% or US$50 billion of retirement savings already after three rounds of withdrawals (for up to 10% of the funds).This has left five million Chileans without any retirement ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... workers holding multiple accounts, accruing necessary fees and failing to optimise the compounding of their retirement savings. This number of accounts slowly declined over the years until 2019 - after the Royal Commission's final report - when the ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... concerns of wider industry stakeholders and the changes made will allow members to achieve better long-term retirement savings outcomes," Fahy said.

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... concerns of wider industry stakeholders and the changes made will allow members to achieve better long-term retirement savings outcomes," Fahy said. The government has extended the consultation period of portfolio holdings disclosure and expects to finalise ...

Vale Murray Wyatt

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... served as chair of CPA Australia's Superannuation Centre of Excellence, was a former member of the National Retirement Savings Centre of Excellence, and was a member of the Superannuation Advisory Committee established by industry and the ATO to ...

ACSI names new president

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
... issues and the positive impact this has on long-term investment value. "Managing ESG issues helps protect the retirement savings of superfund members into the future. Investors and companies must work together to tackle significant long-term investment ...

Aware Super hits $150bn, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
Aware Super has hit a new milestone, passing $150 billion in members' retirement savings. The fund also confirmed a new hire in its ESG team. Celebrating the milestone, the fund said it aimed to pass on the benefits of scale to members - most crucially ...

Eliminating debt prioritised over pension contributions

KARREN VERGARA  |  MONDAY, 19 JUL 2021
... Morgan Asset Management's annual survey found that 65% of employees haven't been able to contribute to their retirement savings because of other financial priorities. The majority of the 1281 participants said they would rather pay off debt (41%) while ...