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Showing 661 - 670 of 4050 results for "Savings"

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... saved $279,000 by age 65, or $795,000 in order to spend $55,000. Couples who wish to spend $60,000 will need $371,000 in savings, while an $80,000 lifestyle will require $1.05 million. "For most people, the amount you'll need to retire while maintaining ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... executive Matt Linden said. ISA states about half of the nation's newly retired, those aged between 65-69, have enough super savings and private savings that they do not qualify for a pension. "While super is still maturing, it is beginning to live up ...

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... the long-term interests of members are best served by a compelling voice that is focused on protecting and growing their savings," they said. The boards of ISA and AIST are currently working to establish this unified entity. ISA chief executive Bernie ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... impacts their abilities entering the ever-competitive job market," she said. "An education bond allows for a long-term savings plan for families to plan and invest in their future generations educational outcomes, capabilities and reduce financial st ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... First Nations people who are not confident that they're ever going to be able to access or enjoy their retirement savings," he said. While First Nations Foundation remains committed to narrowing the age disparity between Indigenous and non-Indigenous ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... that the term "sovereign wealth fund" carries a questionable connotation, given that the funds are not amassed through savings but are instead financed through borrowings when considered collectively. "This makes them more akin to leveraged-investment ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... stage of their life to achieve their financial goals - from building their wealth all the way through to preserving their savings in retirement. "It's the same philosophy that underpins our Vanguard Super Lifecycle offer; let the market work for you ...

ASIC looking to send message with eToro action

CASSANDRA BALDINI  |  WEDNESDAY, 9 AUG 2023
... insurers. "Anyone who has renewed an insurance policy will be familiar with the various statements about the loyalty-based savings you will receive when you renew your policy," she said. "The savings are usually based on the number of policies you hold ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... behaviours of those currently investing, the report revealed a continued growth in allocation to term deposits or high yielding savings accounts (9% in May 2023, up from 8% in November 2022 and 6% in May 2022). It also found market return expectations ...