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| | | Australians are retiring with more than enough, according to new research from Grattan Institute but ISA and ASFA don't agree. Grattan Institute modelling found that most workers can expect retirement income of at least 91% of their pre-retirement ... |
| | | | ... and that the business model adopted by this group was substantially the same as the cash rebate scheme of the Fuoco Group, save that clients were offered loans instead of cash rebates. ASIC contends that the A3 Group ran into difficulties and, to overcome ... |
| | | | The $142 billion superannuation fund is trimming stocks in its default option, as it moves from a growth outlook to a more neutral one. Speaking at a members' forum in Sydney last night, AustralianSuper chief investment officer Mark Delaney said ... |
| | | | ... discounted fee arrangements with BAF did not sufficiently compensate for the costs of managing it and it is expecting to save more than $1 million per annum from the split. The LIC says the appointment of the new Pinnacle boutique as its manager would ... |
| | | | ... the biggest cash drain is paying rent or a mortgage. Almost a third (32%) of the participants are living with parents to save money, the survey said. Separate research from global asset manager American Century Investments showed millennials are leading ... |
| | | | About $89 million of superannuation has been released on compassionate grounds just three months into the new financial year, according to the ATO. Of the 10,700 early super release applications received between 1 July 2018 and September 30, more than ... |
| | | | The listed investment company, with about $5.5 billion in funds under management, condemned Labor's franking credit policy at its annual general meeting. Holding its AGM this morning, Argo Investments said Labor's policy to remove refundable franking ... |
| | | | ... highly competitive marketplace. If members do even a little shopping around they might be surprised how much money they can save doing something as simple as swapping their super funds." The overall jump in headline fees is largely attributable to fee ... |
| | | | ... disablement insurance, benefitting the majority of its members. The lower premiums, introduced on October 1, will see members save up to 6%, REI Super said. "Lower insurance premiums translate into more money in our members' superannuation savings," ... |
| | | | ... discounted fee arrangements with BAF did not sufficiently compensate for the costs of managing it and it is expecting to save more than $1 million per annum from the split. The LIC says the appointment of the new Pinnacle boutique as its manager will ... |
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