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

Search Results

Showing 651 - 660 of 1702 results for "Retirement savings"

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... balances increased 1.1% in the quarter, reversing some of the damage that has been done by those who removed their retirement savings through the early release of super scheme. Average household wealth increased 1.6% (up $6850) to $441,649 per person ...

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... involves facilitating, monitoring and regulating trustees who have made the conscious choice to manage their own retirement savings." Micale said he was pleased to have spent the year working with the SMSF sector and provide support for trustees and ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... period of their working life and minimal personal contributions, many gig economy workers risk accruing low retirement savings," the Actuaries Institute said. "These gig economy workers are more likely to be reliant on the government-funded Age Pension ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... helping those Australians who have withdrawn super consider how to rebuild their balances so they close any retirement savings shortfall and help improve their quality of life in later years," AMP general manager workplace super engagement Stephen Owen ...

Household capital a retirement solution: Research

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... said. "There is a place for equity release products in Australia's retirement policy mix, particularly as the retirement savings gap is expected to rise markedly in the near future." The RIR found accessing household capital as a plausible option as ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... Narrabri project and in a broader sense to start putting plans in place to withdraw super fund members' retirement savings from companies like Santos." Despite Santos now having its own net-zero ambition, van de Pol does not think the company can ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... million. Pension schemes, otherwise known as a 401(k), are defined contribution plans that are the primary form of retirement savings in the US. The lawsuit was filed in the district court in the western district of North Carolina by several law firms ...

Home ownership shouldn't be at expense of super

ELIZA BAVIN  |  FRIDAY, 27 NOV 2020
... of brand, advocacy and product Robbie Campo, who agreed with the notion that allowing young people to access retirement savings for housing deposits will only inflate the real estate market. "Housing affordability isn't about a lack of money its about ...

Zurich to pay super on parental leave

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... component. "The introduction of superannuation contributions on unpaid leave supports our commitment to reducing the retirement savings 'super gap' most often experienced by women. These contributions will help drive more equitable outcomes of retirement ...

Which longevity product yields the highest income?

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... insurance may make aged care costs more affordable for people and give them the confidence to draw down their retirement savings," the report reads. "If arrangements stay the same, more information and guidance about the likely costs of aged care, and ...