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Showing 41 - 50 of 4041 results for "Savings"

QIC faces heat over aviation firefighting asset privatisation

RIDDHIMA TALWANI  |  TUESDAY, 5 MAY 2026
... called on major industry superannuation funds and their affiliated unions to scrutinise whether members' retirement savings could be funding the deal. The likes of Australian Retirement Trust, Brighter Super, Hostplus and HESTA have member money ...

Unpaid super costs workers $24.4bn: SMC

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... four workers were underpaid super between 2018 and 2023, equating to almost $6 billion a year being lost in retirement savings. State-by-state data highlights the uneven impact of unpaid super across the country. While New South Wales recorded the highest ...

Trump building 'better' super system than Australia

ELIZA BAVIN  |  FRIDAY, 1 MAY 2026
US President Donald Trump has unveiled his new retirement savings plan, inspired by Australia's superannuation system. US Treasury Secretary Scott Bessent said the government designed a plan "that's something pretty close or in the direction of the ...

Major UK pension reforms passed

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
... pots will also be enabled. It is expected the changes could see the average worker retire with as much as $55,000 more in savings. Further consolidation is also being sought via a measure that would see the creation of multi-employer defined contribution ...

Canada launches first sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 29 APR 2026
... retail investment product will be launched to ensure Canadians can share in the returns by investing some of their own savings into the fund. The government will consult on the exact design of this product, but the aim is to give Canadians a direct stake ...

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
... advised the government that spending has blown out by $13 billion over the next four years. The changes are expected to net savings of about $15 billion a year by the end of the decade; the scheme is currently estimated to cost $70 billion by 2030. The ...

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
... technology division that made several jobs redundant and is on track to save $9 million in salary expenses. This includes cost savings from the closure of the Armenian operations, which is expected to take place in the June quarter. In the quarterly ...

UniSuper halves admin fees for 42,000 members

RIDDHIMA TALWANI  |  TUESDAY, 21 APR 2026
... Chun said. UniSuper said the change will help Flexi Pension members save $496 per year on an average. For some members, savings can go up to $625 in a year. For Flexi Pension account balance of $500,000 members will pay total fees and costs of $2696 ...

Government, super funds to increase UK collaborations

MATTHEW WAI  |  MONDAY, 20 APR 2026
... millions of Australians access to some of the largest markets around the world - along with deals that grow their retirement savings, IFM Investors said. Super funds have already been investing over many years in French and UK infrastructure assets ...

Actuaries Institute proposes pre-set pension for retirees

RIDDHIMA TALWANI  |  THURSDAY, 16 APR 2026
... outcomes for their members." The proposal estimated this package will potentially deliver higher retirement incomes and tax savings. It will allow assets to move from accumulation phase, where investment earnings are typically taxed at 15%, to pension ...