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

Search Results

Showing 41 - 50 of 4490 results for "Saving"

UniSuper halves admin fees for 42,000 members

RIDDHIMA TALWANI  |  TUESDAY, 21 APR 2026
UniSuper will halve its asset-based administration fee for the Flexi Pension retirement product starting July 1. More than 42,000 retired members in the product will pay a fee of 0.08% from the current rate of 0.16%. "Our ability to offer this significant ...

Government, super funds to increase UK collaborations

MATTHEW WAI  |  MONDAY, 20 APR 2026
Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment, which will help to secure more "two-way" investment in jobs and industries, as well as strong returns for investors for both ...

Actuaries Institute proposes pre-set pension for retirees

RIDDHIMA TALWANI  |  THURSDAY, 16 APR 2026
Actuaries Institute has proposed a three-part package to tackle Australians missing out on tax-free income by not transitioning their superannuation to the retirement phase when eligible. Under the proposal, all APRA-regulated super funds would be required ...

AMP sees strong platform growth, AUM hit by volatility

ELIZA BAVIN  |  THURSDAY, 16 APR 2026
AMP has reported its 1Q26 results, showing 45% growth in Platforms net cash flows, increasing to $1.1 billion. However net cash outflows continued for the Superannuation and Investments business, seeing $80 million in outflows - albeit this was a 26% ...

FSC ups expectations on platform trustees' governance

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
A new standard from the Financial Services Council aims to strengthen governance practices across superannuation platforms, including limiting unadvised members to simpler investments, enhancing due diligence of options, and greater oversight of advisers ...

SMC calls for guaranteed super for domestic workers

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2026
The Super Members Council (SMC) has called on the government to scrap laws which deny domestic workers in private homes - cleaners, housekeepers and nannies - guaranteed superannuation. SMC said these workers are primarily women and the laws are "outdated ...

Future Fund targets $15m in savings, reviews staffing

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
Future Fund will cut costs by $10 to $15 million in FY27, in a bid to ensure costs and staffing levels remain appropriate for the years ahead. It expects further savings in subsequent years. Australia's sovereign wealth fund said it will achieve ...

UK's Nest to invest $860m in private companies

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2026
The UK's largest pension scheme by members has selected a manager to oversee a significant new open-ended mandate. Crescent Capital Group will manage a direct lending mandate for Nest to the tune of $858.5 million (£450m). The money is to be deployed ...

Aussies remain 'positive' about retirement: Challenger

MATTHEW WAI  |  MONDAY, 13 APR 2026
... financial security for life, but access and awareness remain key barriers." This comes as the cohort continue to prioritise saving enough money for retirement (72%), covering health and aged care costs (65%), and maintaining their lifestyle (53%). But ...

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
Financial services consultant Ben Walsh has called out concerns with Treasury's super switching consultation, saying parts of it miss the mark. Walsh said the consultation focuses on "the 'switch' as the point of failure" while ignoring a "massive 'user ...