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Showing 541 - 550 of 4046 results for "Savings"

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... that began with slashing expenses. Platinum told investors it is targeting at least $25 million in annualised run rate savings which represents a 26% reduction in the company's annualised half year expense base of some $96 million. Such savings will ...

QMV Legal folds, managing partner to launch new firm

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... deepen its ties to the superannuation, wealth management and related technology sectors as Australia's pool of super savings grows, Priest said at the time. Novigi will engage Steffanoni's new firm "on a strategic retainer to support our team and ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... The biggest clue on the direction of consumer health and spending, and therefore the economy, according to Birtles, is savings rate. "Australian consumers had excess savings through Covid, and they had built up quite a big buffer which supported the ...

Funds SA recruits from LGT

JAMIE WILLIAMSON  |  MONDAY, 25 MAR 2024
... recently as head of technology. Prior, Boyley managed the IT services function for NEST, the UK's National Employment Savings Trust for six years. Now, he is returning to Adelaide to lead Funds SA's technology program, with the investment corporation ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... from the Association of Superannuation Funds of Australia (ASFA) shows. The association said that "raiding" retirement savings to enter the property market would exacerbate the current state of inaccessibility and unaffordability for many. Since 2000 ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... option. ART has 19 investment options for accumulation accounts. Its accumulation MySuper default option is called the Super Savings Lifecycle Investment strategy. AvSuper corporate accumulation members, which are charged the same admin costs, will see ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... track of their superannuation," the report said. Meanwhile, retiring members need guidance to manage their retirement savings. They'll need to balance not drawing down too quickly and risking outliving their savings with not drawing down too slowly ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... improvement of $12.8 billion from earlier projections. Since the last election, the government has identified $49.6 billion in savings, leading to a cumulative improvement of $211.4 billion in the underlying cash balance over the next five years. The ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... governance," Fraser said. "Our fund is growing every day, now looking after more than $280 billion worth of retirement savings for our members. Helen and Martin bring exceptional and deep national and international experience to our board, and I look ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... been 10 years since the UK introduced the Pension Freedoms reforms that changed the way consumers access their retirement savings, giving them more choice around what to do with their money. Since then, those aged over 55 could spend their pension how ...