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Showing 631 - 640 of 8313 results for "Retire"

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
Aware Super is shaving up to 25% off administration fees for its retiree membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of ...

Challenger adds to board director lineup

MATTHEW WAI  |  MONDAY, 26 MAY 2025
Challenger has appointed two independent non-executive directors, while JoAnne Stephenson will retire on June 30. John Somerville and David Whittle have been added to the board of Challenger and Challenger Life Company, collectively bringing over 55 ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
ANZ Staff Superannuation's investment chief Ruwanie Dias has stepped down after nine months in the role, prompting fresh questions about the $7 billion fund's strategic direction. Dias, who was responsible for the fund's entire investment ...

New gigs for Qantas Super execs

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
Three Qantas Super executives have landed in new roles following the merger of the fund with Australian Retirement Trust in March. This is in addition to the appointment of Qantas Super boss Michael Clancy to the top investment job at REST Super. Clancy ...

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
Australians in default investment options could collectively be $46 billion better off with age-based personalised strategies, according to analysis from Russell Investments. Russell Investments, the operator of the Russell Investments Master Trust ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... many of whom are decades from retirement. Investing with such a long-term horizon and thinking about the world they will retire into is fundamental to our approach," Doyle said. "We aspire to grow our membership and funds under management to deliver ...

MLC Expand reduces fees

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The wrap platform has reduced fees for around 65% of all platform clients across Expand Essential and Expand Extra from June 1. The change will see the account keeping fee for Expand Essential drop from $90 to $78 per annum, while the administration ...