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Showing 691 - 700 of 4142 results for "Savings"

IFM Investors appoints diversified credit leads

ELIZABETH FRY  |  FRIDAY, 15 DEC 2023
... capabilities, which have been an important part of IFM's overall growth as we seek to invest, protect and grow the retirement savings of working people," said Nunez. Wanigasekera added: "It's great to be co-leading a team focused on delivering ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... suggested that this may be attributed to the escalated cost of living, prompting retirees to seek ways to boost their savings of increase cash flow. Another potential reason is this strategy has become accessible to more Australians, with the eligibility ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... improvement of $12.8 billion from earlier projections. Since the last election, the government has identified $49.6 billion in savings, leading to a cumulative improvement of $211.4 billion in the underlying cash balance over the next five years. Minister ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... iteration of the PDS, the Socially Responsible Investment - Balanced product would cost a member with $50,000 in retirement savings approximately $363.49. This was made up of investment fees and costs charged at 0.30%, performance fees charged at 0.11% ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
Young Australians are missing out on higher superannuation returns by parking their retirement savings in default MySuper products, instead of exploring other investment options. Analysis of APRA data by Innova Asset Management revealed that an all-equities ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... little concern. A study commissioned by AMP has found that fewer than one in 10 Australians expect they will have enough savings for retirement, and one in three are not confident that their nest egg will provide for an adequate lifestyle. A key finding ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... requirements. "We've reviewed our processes and acted to further strengthen the protection of our members' data and retirement savings. We've had multifactor authentication for a very long time and have now implemented enhanced cyber controls across ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... recommends the government expand the three pillars of retirement funding: Age Pension, compulsory superannuation, and voluntary savings. They explained this will better promote additional income sources retirees can draw on, such as salaries and wages ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... timely information to members about superannuation fees," she said. "Members should be confident that their retirement savings are not reduced over time by superannuation trustees making deductions from their accounts they are not entitled to make." ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... continues within the Future Group structure." Verve Super has close to 7000 members with about $271 million in retirement savings, equating to an average balance of about $40,000. Its objective since launch has been to narrow the gender savings gap in ...