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Showing 671 - 680 of 4048 results for "Savings"

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... for sellers, buyers, and builders," Toth said. Signs of financial strains are evident in Australians dipping into their savings. RFI Global calculates Aussies have $60,000 in savings on average, which includes term deposits, offsets, mortgage redraw ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... feedback. It was expected to occur in 1H24 and will now likely take place in 2H24. Having committed to finding $150 million in savings following the MLC acquisition and achieving this within 18 months, Insignia said it has identified as much as $190 ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... transaction further reinforces the breadth of retirement income needs that Challenger can support. "With the Australian savings market now very focused on retirement, the opportunity for Challenger to support the industry with guaranteed income solutions ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... genuine long-term investors, we continue to look for unique opportunities that help our members grow their retirement savings." The news comes as UniSuper achieved double-digit returns for FY23.

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... IOOF policyholders," Kerr said. The life and superannuation unit offers investment bonds, funeral bonds, and education savings plans. It had $2.3 billion in FUM as at 30 June 2022.

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... of our new investment team and our ongoing commitment to be Australia's first choice for retirement and investment savings." A spokesperson for CFS attributed the investment manager's partnership with BlackRock in helping boost performance outcomes ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
... "That's who we're doing it for, because they are ultimately who we're here for." While the added scale means savings of some kind for most members, others will see theirs increase. Administration fees paid by Equip members have decreased ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... their superannuation balance at retirement by $123,000. KPMG economic analysis revealed that such a boost in retirement savings could be attained for a budgetary cost of $45,500. KPMG Australia head of superannuation Linda Elkins said: "Not only would ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... reinvest in their business. "There are opportunities for the industry to become more efficient and pass back some of these savings to customers," he said, adding that uncertainty of claims costs for disability products, both income protection and TPD ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... Australian market, this can lead to potential inflation problems. Also, the fact that consumers still have too much excess savings, is leading to excessive consumer spending, suggesting that the Reserve Bank of Australia (RBA) probably needs to hike ...