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Showing 681 - 690 of 4048 results for "Savings"

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... Treasury has announced plans to consolidate the nation's pension fund sector and unlock £75 billion in retirement savings to back high-growth companies. Yesterday, Chancellor Jeremy Hunt delivered the Mansion House reforms and cited plans to stimulate ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... APRA-regulated funds is 26% or about $1.8 trillion by 2032. Currently, they own about $625 billion. "If superannuation savings double to almost $7 trillion within 10 years, APRA-regulated funds themselves could hold $1.8 trillion in retiree assets - ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... it's unfair and the law needs to be modernised." "Locking thousands of teen workers out of our world class retirement savings system is not giving them the super start to work they deserve. How can we explain that young workers don't get super while ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... value products". "We now want to see that progress accelerate. We are also increasingly seeing customers switching their savings products to those with higher rates. We continue to urge savers to shop around to make sure they're getting the best deal," ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... report found 25% of members who had recently engaged with their super fund are at a high risk of taking their retirement savings elsewhere. This is up from 23% last year. At the highest risk are members under 55 years of age, members who have been in ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... and maintain a patient, long-term approach designed to provide the best possible outcomes for our members' retirement savings and help them face the future confidently." Aside from the balanced growth option, HESTA's diversified investment options have ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... is currently receiving a daily influx of around 1200 Australians, amassing an annual net inflow of members' retirement savings exceeding $20 billion in the past year.

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... "Maybe the economy will prove to be very resilient to interest rate increases, and maybe the consumer has accumulated savings that provide a good buffer to mortgage debt. "Maybe inflation will come down a bit faster, so the RBA won't need to raise ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million members are invested in, benefitted from equity markets rebounding, which ...

Cbus informs members of premium changes

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2023
... members, we've been able to negotiate a decrease for most members," Cbus said. All members aged 15 to 49 years will see savings, no matter the occupational category they're in. The biggest saving to be had is on TPD cover provided to 15-24-year-olds ...