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Showing 521 - 530 of 4043 results for "Savings"

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... switch funds. An overwhelming number of members are goaded into leaving their incumbent super fund and investing their savings in high-risk property schemes, it found. These are either via platform super products offered by APRA-regulated funds or a ...

Prime Super finds new chief executive

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... Super. "The board looks forward to working with Raelene as we continue to grow and protect the hard-earned retirement savings of our 140,000 members," he said.

Count upgrades synergy benefits after Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... cost synergy benefits expected to be achieved following the acquisition of Diverger. It said annualised expected cost savings had been upgraded to approximately $4 million by FY25, which is an increase from the initial $3 million it expected at the time ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... over the longer term. "GLXD's lower management fee of just 0.15% has the potential to translate into significant cost savings for these investors over long time horizons," Metcalf said. "This resilience presents a promising opportunity for investors. ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to own their own home, but this idea won't achieve that - it would just make ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings accounts they hold. From July 1, the percentage fee will apply to the first $500,000. As a result, administration fees ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... pension product and a home-finance offering. Additionally, a range of products including SMSF property finance, a Hajj savings fund, an educational fund for schools, and a Janazah (funeral) fund are scheduled for release in the latter half of 2024. Crescent ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... or spikes in inflation," he said. "Today, many retirees are underspending due to the fear they will outlive retirement savings. We, as an industry, have a responsibility to empower confidence to spend in retirement, provide assurance that income will ...

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... Invest's digital investing accounts for an undisclosed figure. Goldman Sachs, however, will retain Marcus Invest's online savings accounts that holds about US$100 billion for three million customers. Betterment has US$45 billion in assets under ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... with the Spaceship transfer, members of Engineering Super, Professional Super and Student Super will also see immediate savings on administration fees and costs that will outweigh an increase in investment fees. They will continue to pay a flat dollar-based ...