Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 551 - 560 of 1638 results for "Retirement savings"

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... transfer funds from their existing super fund into a new SMSF. In doing so, consumers are transferring their retirement savings into an unknown bank account held by the scammers. The SMSF rollover scammers pretend to be financial advisers and promise ...

AustralianSuper, Club Plus to merge

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... merger activity in Australia's super sector will likely result in just 12 funds managing close to 80% of all retirement savings. All 12 funds would also have more than $50 billion in funds under management. The research takes into account mergers ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... stakeholders, arguing that those who have experienced domestic violence shouldn't be forced to erode their retirement savings to re-establish themselves. "The government is committed to removing barriers to women leaving family and domestic violence ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... that restrict access to capital and flexibility of drawdowns, preventing them from effectively using their retirement savings for health, aged care, and other large expenses in retirement," budget papers read. Individuals starting a new retirement product ...

Legalsuper adds Law Institute of Victoria chief

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
... standards of professionalism and service delivery - a direct alignment with legalsuper's own role in managing the retirement savings of Australia's legal community," legalsuper chair Kirsten Mander said. He also brings additional strong governance credentials ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
More than half of superannuation members surveyed by MLC reveal they are taking their retirement savings more seriously and are watching the stock markets more closely than ever. About 53% of the 1004 participants that took part in the survey said they ...

HESTA hires former Vanguard head

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... I'm thrilled to be joining HESTA and to have the opportunity to help our members achieve their investment and retirement savings goals," he said.

Vanguard UK upends cost of advice

KARREN VERGARA  |  TUESDAY, 20 APR 2021
... longer and working longer, these costs have the potential to make a considerable dent in their hard-earned retirement savings," he said. Asked if Australia can expect this offering soon, the fund manager said that its current focus on the local market ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... policies are in place to incentivise people to take this option and protect themselves against outliving their retirement savings. "There needs to be a greater balance between comprehensive compliance and giving advisers the freedom to provide advice ...