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Showing 741 - 750 of 4082 results for "Savings"

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."

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... direction," he said. "I know it's painful to people, but it's working." Lowe added that the government's recent decision to make savings in the budget, rather than recycle the money back into the economy, will further assist the goal to lower inflation. ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... "Super is for everyone, and we need to ensure that all workers benefit fairly and equitably from our world-class retirement savings system," she said. As part of its proposal, HESTA made three recommendations aimed at addressing the challenges faced ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... flagged cost pressures associated with its diminishing size. HESF was established in 1999 as a home for the retirement savings of employees and former employees of GM Holden, but it was closed to new members not long after in September 2003, with new ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... the Otivo Superannuation report confirms that we need to be equipped with the ability to make informed decisions about savings, debt, mortgage, and rental stresses, investments and retirement planning," he said. Otivo chair Ian Knox said that legislative ...

'Kick down the road' mentality fuels retirement insecurity: Study

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... road' mentality to retirement. But when the time eventually comes, they're faced with the reality that their existing savings and superannuation balance are insufficient in this economic climate." The ASFA Retirement Standard suggests that retirees need ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... planning business, I knew that there was enough work for everyone," he says. Adele Martin, founder of My Money Buddy and The Savings Squad Podcast, points to Molly Benjamin, founder of the Ladies Finance Club, who joined forces with a financial adviser ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... the government's economic and fiscal strategy. "Our responsible budget management means lower deficits, less debt and savings on interest costs. Across our first two budgets, we are returning 87% of tax upgrades to the bottom line," he said. "This is ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... the success of our previous five-year strategy that saw 38% of asset management brought in-house, total investment fee savings of $512 million achieved for members through activities such as internal strategies, external manager renegotiations, and asset ...