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Showing 701 - 710 of 4050 results for "Savings"

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... innovation, and the potential for superior commercial benefits. "This and other future initiatives are expected to deliver cost savings for the business over the medium to long term, enhance the customer experience, and will underpin Australian Ethical's ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... three years it's returned 9.45%. The fund has advised members who are invested in the property option to transfer their savings into the conservative balanced option, while the balanced option best aligns with the infrastructure option, it said. In making ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... behalf of investors. The losses are going to be in the millions of dollars and are likely to impact on the retirement savings of many individuals," Justice Jackson said. Meanwhile, ASIC executive director financial services enforcement Tim Mullaly said ...

Vanguard reduces fees on VAS

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... line with this goal. This robust review process includes a pricing review of our funds with the aim of passing on any savings to investors where possible," Vanguard said. In the last decade, Vanguard said it's delivered over 40 fee reductions across ...

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... explaining that following July 1 the system will change. "Ceasing cheque usage will bring time, environmental, and cost savings, and suppliers will benefit from faster and more efficient payments," it commented. The Australian Banking Association (ABA) ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... risks off the table. Protecting the capital critical to their lifestyle needs is one risk, but so is the risk of outliving savings because of over caution." Sorting through the many diverse views regarding how investors should respond to inflation, the ...

Super funds pursue merger, chief executive chosen

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... administration platform will translate into lower costs, improved member services and innovative technology. We expect to see cost savings and greater economies of scale as time goes on. Those synergies will mean strong benefits to members of both funds," ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships, cost savings afforded by the scale of larger external providers, enhanced performance standards, and lower error rates. "When considered ...

Fraudulent property director charged

CHLOE WALKER  |  TUESDAY, 6 JUN 2023
... Steele has been charged with seven counts of fraud after he misled 14 investors into using their superannuation and other savings to invest a property development. Following an investigation, ASIC is alleging that between May 2016 and February 2017 ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... "These payments are not solely for 'directors fees'," he said. "This is an illegal scheme designed to syphon retirement savings from super funds to the unions. "The lack of enforcement action has become a joke."