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Showing 51 - 60 of 4142 results for "Savings"

Industry, economist blasts One Nation's super agenda

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
... would be more than $50,000 worse off. "It is unfair to ask everyday working Australians to sacrifice their retirement savings to fix policy problems they didn't cause, like inflation and the housing crisis," Delahunty said. "These problems need real ...

CareSuper earns place among pension fund giants, ART breaks into top 20

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
... are helping change the face of the world's major pension funds. ART managed $352 billion (US$234bn) in retirement savings at the time, placing it the 19th spot. AustralianSuper's $361 billion (US$260bn) assets make it the top-ranking Australian ...

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
... of industry funds. APRA's newly released statistics for the year ending June 30 showed Australians' retirement savings reaching another milestone of $4.77 trillion. Industry funds' assets leaped 16% year on year to $1.8 trillion, comprising ...

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA  |  MONDAY, 31 AUG 2026
... business. The latter, however, says otherwise. Hejaz Islamic Super had 2600 members and more than $98 million in retirement savings at the end of March, based on APRA's most recent statistics. On June 12, members' money was moved to cash and ...

MUFG to acquire GROW Inc

ELIZA BAVIN  |  FRIDAY, 28 AUG 2026
... the existing platform remains in place. The proposed change of ownership does not affect members' super, with their savings remaining invested by HESTA as usual. We do not expect an impact to our contact centre or core processes, with contributions ...

APRA hits 12 super options with failed grade

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
... importance of the performance test in providing transparency for members. It does not affect the security of members' savings, and our Balanced Growth MySuper product remains open to new and existing members," he said. BUSSQ has $7.4 billion in assets ...

UniSuper unlocks close to $15k for members moving into retirement

MATTHEW WAI  |  FRIDAY, 28 AUG 2026
... adds to the halved administration fee on Flexi Pension accounts since 1 July 2026 - from 0.16% to 0.08% - representing savings of around $495 per year for a member in retirement, UniSuper said. Commenting, UniSuper chief marketing and growth officer ...

Perpetual weighed down by wealth management business

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
... significant progress on its simplification program during the year, delivering an additional $28.5 million in annualised cost savings. "Our simplification program has delivered more than $70 million in annualised cost savings to date, well ahead of our ...

CBA, Colonial First State settle class action for $249m

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
... 2018 alleges CBA and CFSIs breached the trust of their superannuation fund members by investing members' retirement savings with its parent bank even though the bank didn't offer the best interest rates. The class action targeted three CFS super ...

ART strikes $883m QLD Westfield deal

VINNY VUCAGO  |  TUESDAY, 25 AUG 2026
... estate during FY26, with the fund also committing a further $2.2 billion. ART manages more than $375 billion in retirement savings and holds around $188 billion in Australian-based investments.