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Showing 561 - 570 of 7181 results for "Retirement"

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... in domestic investment and could give pension beneficiaries each a $12,500 (£6000) boost to their pension assets at retirement, according to the Treasury. The Treasury also estimated that consolidation will reduce $2.1 billion (£1bn) per year in costs ...

Quality over quantity: CareSuper on mergers

JAMIE WILLIAMSON  |  THURSDAY, 29 MAY 2025
... confirmed the merger would go ahead, citing their shared member-first heritage and the value members place on strong retirement outcomes, service, and personalised care. While he's looking forward to welcoming MIESF's members in "just a few months" ...

Coalition names shadow treasurer, financial services minister

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... ministry "to ensure superannuation continued to deliver on its promise of providing dignity and financial security in retirement, alongside being a pillar of economic stability..." Likewise, Financial Advice Association of Australia chief executive Sarah ...

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
APRA's quarterly superannuation statistics have lifted the lid on the ongoing battle for Australia's retirement assets; industry funds charged forward, retail funds made gains without breaking into a sprint, while corporate funds retreated further. ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... rules and regulations, administration, taxes, choosing what to invest in, and then personal considerations such as retirement income needs and estate planning," Smith said. The research found that advised SMSFs are more likely to report advice gaps around ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... (Personal) AMP Flexible Lifetime - Allocated Pension AMP Flexible Lifetime - Term Pension AMP Flexible Lifetime (Super and Retirement) AMP Flexible Super - Super AMP Flexible Super - Retirement Eligible Rollover Fund (ERF) Simple Super Simple Super Rollover ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... administration fees for its retiree membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of a member's balance to 0.17%. At the same ...

Challenger adds to board director lineup

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... includes designing and implementing governance and risk structures, will be an asset as we continue to grow our leading retirement and income franchise. "David brings a strong focus on customer and digital innovation, which will be highly valuable as ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... income threshold is leaving young tradies, apprentices, and women in construction, without support that would give their retirement savings a boost. Cbus said the number of its members receiving LISTO has declined over the past five years because the ...