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Showing 551 - 560 of 1702 results for "Retirement savings"

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... $853 billion in total member benefits as at June end. "Superannuation members deserve confidence that their retirement savings are being well-looked after, regardless of what type of fund or product their money is invested in," APRA member Margaret Cole ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... heatmaps as delivering sub-standard member outcomes. "Superannuation members deserve confidence that their retirement savings are being well-looked after, regardless of what type of fund or product their money is invested in," Cole said. "Although there ...

Super for home deposits could ignite new boom

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... are desperate for a little calm. "Super-for-housing would mean first-home buyers handing their hard-earned retirement savings to existing property owners when they would be better off investing them in super. "Young Australians need their retirement ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... investment in Australian infrastructure projects provides an opportunity for partnerships that will grow members' retirement savings while helping the economy," Dean said. On the topic of the $450 threshold, he added: "While the government deserves credit ...

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... track. Factors that also contribute to low confidence include uncertainty about the levels of return on their retirement savings and the drawdown rates at retirement. Almost one-third rely on their super fund to help them make retirement contribution ...

Industry super funds launch fresh campaign

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
... mean they are unknowingly lumped in a poor performing fund, which could cost them six figures from their final retirement savings." It also follows the Your Future, Your Super performance test which two of the collective's funds failed. Industry ...

The dark side of super switching: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... options. These switches were often poor choices in terms of financial wellbeing and the growth of members' retirement savings. The research identified a 50% increase in poor superannuation switching decisions as the pandemic progressed, with 'bad' switches ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... Trends' 2021 Retirement income report. "For the first time in five years, one in two retirees expect their retirement savings will outlast their years in retirement. As of September 2021, pre-retirees expect their savings to last on average 22 years ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... the definition of 'retail clients' should be applied to general insurance products, superannuation products, retirement savings account products, and traditional trustee company services. While the federal government has yet to release the terms of reference ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... such funds. "And let's not kid ourselves as to what this really is; taking member's money out of their retirement savings to set up a pool of funds - owned by the trustee - to ensure they can pay for penalties due to their own misconduct," she ...