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Showing 41 - 50 of 225 results for "Saver"

Hejaz Financial Services partners with outsource Financial

CHLOE WALKER  |  FRIDAY, 11 MAR 2022
The partnership will enable Hejaz to provide Australian Muslims with better access to its range of Sharia-compliant services and products. In recent research, Hejaz found that 36% of Australian Muslims do not have a savings account and 46% reluctantly ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
While Australians believe they are well prepared for retirement, many are worried about the political risks they face once they are retired, research suggests. Illness remains the biggest worry Aussies face in their later years, but regulatory changes ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
Senator Jane Hume has slammed superannuation funds for creating rainy day funds that pay for potential penalties because of misconduct. Hume points to a recent trend in which several super funds applied to the courts seeking permission to charge members ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... the maximum amount of voluntary contributions that people are able to release from their super under the First Home Super Saver Scheme will increase from $30,000 to $50,000, empowering more Australians to save effectively for their first home deposit. ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The UK pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... predecessor. The removal of the $450 income threshold, lower age for downsizer contributions and changes to the First Home Saver Super Scheme were the big changes in the budget. The work test is also proposed to be abolished for those aged between 67 ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... mechanism to allow members to divert their super savings into a deposit on a first home. They might have expanded the First Home Saver Super Scheme, almost doubling its capacity to release funds into a first home from $30,000 to $50,000, but as this ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... a new home or purchase a newly built home able to do so with a deposit of as little as 5%. Finally, the First Home Super Saver Scheme will increase the maximum amount of voluntary contributions that can be released to first home buyers from their super ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions that can be released under the FHSS from ...

New Islamic advice group launches, hires from MSC

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
A new Sydney dealer group focused on Muslim clients is looking to hire up to 50 financial advisers in the next 12 months, as it nabs MSC Group's chief operating officer to lead the business. Hejaz Financial Services will build a network of both specialist ...