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Showing 41 - 50 of 270 results for "Super Savings"

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... "Australia is being held back from achieving an A grade status because there is no requirement that a portion of super savings be taken as an income stream." "From the Retirement Income Review to the Retirement Income Covenant, and the work to define ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... executive Matt Linden said. ISA states about half of the nation's newly retired, those aged between 65-69, have enough super savings and private savings that they do not qualify for a pension. "While super is still maturing, it is beginning to live up ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million members are invested in, benefitted from equity markets rebounding, which ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... last decade we have only ever applied premium increases twice across the board for the insurance cover provided in Super Savings (previously the insurance cover provided in Sunsuper for life)," it said. In a statement, ART head of product Shane Mather ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... portfolios, left the fund following the appointment of Andrew Fisher as head of the investment strategy for both the super savings and QSuper portfolios. Moreover, ART is currently searching for a new chief of retirement and a chief member officer.

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... are confident about having enough super for retirement, while 43% believe the Age Pension will suffice if their super savings deplete. Delving further into consumer choice and behaviour, the survey indicated that 11% of respondents hadn't switched ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... from now until 2050, the research found, adding that super funds can do more to help retirees confidently use their super savings via higher drawdowns, and find retirement products appropriate to their needs. In 2022, some 81% of super was taken in the ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... annually if superannuation was not geared towards giving high-income earners tax windfalls. The newly released report, Super savings: Practical policies for fairer superannuation and a stronger budget, found that the current system's "excessively ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... proportion of Australians hold $3 million or more in superannuation, they own a disproportionately high share of super savings, representing 13% of all assets in the market. Rainmaker Information executive director Alex Dunnin said introducing superannuation ...

Australian Retirement Trust names investment strategy lead

ELIZABETH FRY  |  FRIDAY, 31 MAR 2023
... 13 years. His departure follows the appointment of Andrew Fisher as head of the investment strategy for both the super savings and QSuper portfolios. The $220 billion superannuation fund said Lillicrap has chosen to pursue other opportunities. ART investment ...