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

Search Results

Showing 611 - 620 of 4050 results for "Savings"

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... Portfolio Services (IDPS) set for a 2024 launch, and operational transformation review that's expected to yield cost savings. Praemium expects a considerable uptick in underlying EBITDA from its strategic initiatives, with most benefits projected ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... with UK firm Engine by Starling to launch the technology platform to house small business owners' transaction and savings accounts. "AMP Bank's near-term performance will continue to be affected by current market conditions. Current market conditions ...

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... is a great responsibility and opportunity to build a powerful voice for those 10 million Australians who entrust their savings with profit-to-member super funds," Schubert said. "I thank the SMC Board for their confidence and am excited to help write ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... Insignia, M3 contributed approximately $6.3 million of net revenue and made a pre-tax loss of $2.3 million in FY23. The cost savings from the divestment are included in the $175 to 190 million of annualised benefits announced in July 2023. The group ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... October 20. In total, it will add 63,700 to ART's existing 2.3 million members, bringing $12.3 billion in retirement savings with them. This bumps ART's total funds under management to about $272 billion. As previously flagged, the merger is ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday, defines the objective of super as "to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... firmly committed to addressing non-compliance with SG obligations. "Super belongs to employees for their future retirement savings and we do everything we can to ensure Australia's hard-working employees are receiving their lawful entitlements from their ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... the superannuation sector, could face comparable risks. "No Australian would want their taxpayer dollars or retirement savings to be inadvertently funding national security threats to our country or supporting companies facilitating serious human rights ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... of our members," he said. "We have a track record of strong investment performance and delivering value by passing on savings to members where possible and investing in high-quality, personalised member services and innovative products." Symons also ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
NGS Super has launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives. Easy Default can be established on either the NGS Income Account or the Transition to Retirement Account. When the ...