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Showing 51 - 60 of 247 results for "NEST"

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... the risk of running out of money. Addressing this fear is crucial for shifting the emphasis from accumulating a retirement "nest egg" to drawing down on capital. "My focus is on adequacy, giving people the confidence to spend their own money, but to ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... joined the chief executives of many of our largest DC pension schemes - namely Aviva, Scottish Widows, L&G, Aegon, Phoenix, Nest, Smart Pension, M&G & Mercer - for the formal signing of the Mansion House Compact." Under "The Compact", around two-thirds ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... saving $253,548 and $213,247 respectively. Workers in Victoria come second; men had $197,431 and women saved $156,192 in their nest egg. Workers in New South Wales sit in third spot with men and women holding $193,448 and $155,940 respectively. A high ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... the universal saving system. "Being a gig worker shouldn't mean you miss out on the opportunity to save for a decent nest egg at retirement," he said.

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... lower paid Australians unfairly deprived the super they've earned and will give them a better shot at building a good nest egg for retirement." "The government should be commended for listening and then taking the necessary steps to end the huge ...

UK's Nest switches investment chief

CHLOE WALKER  |  FRIDAY, 21 APR 2023
... has been promoted to chief investment officer of the pension fund, taking up the mantle from Mark Fawcett. Having joined Nest in 2020 and made deputy chief investment officer in 2021, Fernando brings with her 25 years' worth of investment experience. ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... Super Australia (ISA). The ISA analysis suggests the average gig worker could have up to $29,000 more in their retirement nest egg if super was paid to the workforce. The gig economy, which spans across 275,00 Australian workers, includes delivery drivers ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... underpayments. ISA analysis reveals that one in five women are underpaid super, costing them up to $40,000 from their retirement nest egg, which equates to nearly 10% of their total savings. This "super swindle" has cost women a staggering $10.8 billion ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... could grow to $28,000, will then go towards housing and education. "Imagine right now what you may have done with a $28,000 nest egg to get you started in life... And imagine what that will mean for your children," he probed. "As they go on to invest ...

Complacency the biggest risk to retirement: Forum

CASSANDRA BALDINI  |  THURSDAY, 10 NOV 2022
... sense of security and applying the same strategy in a high inflationary environment can be detrimental to a retiree's nest egg. "If history has taught us anything, once every 10 years a big defining moment comes along," he explained. "The GFC was ...