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Showing 621 - 630 of 4045 results for "Savings"

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... we do more to provide Australia's growing number of retirees with the financial confidence to spend and enjoy their savings in retirement." Her appointment is part of AMP's recent restructure of its executive line-up after Australian Wealth Management ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... Unity said it has suspended new investor applications and additional contributions including reinvestments or regular savings plans from existing investors, as well as all redemptions. BlackRock's Wholesale Australian Share Fund began the wind-up ...

Cbus appoints new head of infrastructure

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... expanded internal asset management from 9% to 38% as of June 2022 and resulted in $512 million in total investment fee savings. "It's an exciting time at Cbus following the release of our new five-year investment strategy, which continues to focus ...

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 ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
... to do so with "warm hands," yet nearly half of those approaching retirement are uncertain or lack confidence that their savings will sufficiently support their desired lifestyle while transferring wealth to the next generation. Additionally, a major ...

AustralianSuper merges real assets functions

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
... members today to more than $700 billion in just seven years," Peasley said. "As we continue to invest members' retirement savings at increasing scale, we need to reconsider our approach to ensure we can deliver strong long-term returns not just today ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... may have also played a role in slowing the rate at which many households have run down the sizeable stock of additional savings accumulated during the pandemic," Kent said. "This would contribute to slower growth of consumption than otherwise." Economists ...

Multi-asset funds see $1bn exodus

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
... out the doors. Mixed-asset funds used to enjoy steady inflows month in, month out, as investors had them cemented into savings plans, but this no longer seems to be the case." Property funds also had a tough quarter, losing $199 million marked by Calastone ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... government's draft reforms and said that farmers commonly transfer their land assets - often key to their retirement savings - to self-managed super funds (SMSFs) to facilitate stable income post-retirement. However, with the proposed bill taxing ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... compliance actions to recover unpaid SG. It's estimated around 8.9 million Australians will benefit higher retirement savings from receiving the SG contributions earlier and more frequently. For example, by switching to payday super, a 25-year-old ...