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Showing 641 - 650 of 1702 results for "Retirement savings"

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... Rainmaker research has found being a member of a typical lifecycle MySuper product could reduce a person's retirement savings by up to 23% by age 70. The research found that if a member were to stay in a typical lifecycle MySuper product for their entire ...

IFM to acquire energy company

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
... sustainability attributes, will help IFM Investors deliver on our purpose to protect and grow the long-term retirement savings of working people." QIC head of global infrastructure Ross Israel commented: "Our sector centric, thematic-based investment ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
... the largest infrastructure investment managers globally, IFM's purpose is to protect and grow the long-term retirement savings of working people." IFM added it is committed to environmental sustainability, having recently announced it will reduce carbon ...

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... of ERS of about $5000. AIST chief executive Eva Scheerlinck said while the long-term impacts of COVID on the retirement savings are still uncertain, evidence shows that the financial burden of lost retirement savings will most heavily impact those least ...

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... driving the transition to a clean and sustainable low-carbon economy. Not only will this benefit members' retirement savings, but it will also help make sure we can all keep playing the sports we love into the future."

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... Australia looked at the popularity of the ER S scheme across suburbs and found that 225,000 workers now have no retirement savings. Sydneysiders took out $445 million, followed by those living in the inner west who withdrew $306.7 million. Residents ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... went on for, even small differences in the interest rate adds up and substantially reduces returns on members' retirement savings, shortchanging them potentially thousands of dollars." Morrison said there was no justification for continuing to pay commissions ...

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... people have taken a step back and realised the power that their superannuation has today. Rather than let their retirement savings prop up failing industries, more and more Australians are taking matters into their own hands and investing their superannuation ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... LGIAsuper has $13 billion in assets under management with 75,000 members. Energy Super manages $8 billion in retirement savings for 47,000 members. The two funds will have a combined member base 120,000 and total assets of $20 billion. Upon completion ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... how rough 2020 was going to be began to set in, industry superannuation funds charged with safeguarding the retirement savings of those working in the sectors hardest hit moved to reassure members. Funds with a higher proportion of younger members, such ...