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Showing 751 - 760 of 4082 results for "Savings"

Cbus, EISS Super finalise merger

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
EISS Super's 17,000 members have combined with Cbus, which now manages more than $80 billion in retirement savings. The completion of the merger comes about 18 months on from the funds signing a Memorandum of Understanding in December 2021. This followed ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... attributable to each member." On the other hand, HESTA chief executive Debby Blakey welcomed the initiative but said that savings should be directed towards helping deliver a fairer and more equitable super system. Aware Super said the budget left low-hanging ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... members who will be retirees. Latest research from Rainmaker reveals that 40% of Australia's $3.5 trillion superannuation savings pool was owned by retirees in June 2022 and this share is projected to approach 70% over the next two decades. This means ...

Mine Super to close Choice option

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... will the option that's part of the fund's Lifecycle strategy. Those invested in the option will see their superannuation savings transferred to the fund's Balanced option if they don't make another selection, the fund said. The recent Choice heatmaps ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... Retirement Trust is reducing fees across a range of its investment options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1, the cost of ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... quality. It's an asset in the portfolio that has been a materially positive contributor to growing our members' retirement savings through the cycle." Lill said the sale will also allow Rest to recycle funds into new private market opportunities, particularly ...

UniSuper spends $1bn on European mobile towers

ANDREW MCKEAN  |  MONDAY, 8 MAY 2023
... As genuine active long-term investors, we continue to look for sizable opportunities that grow our members' retirement savings."

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... younger women who are disproportionately affected by unpaid super. Unpaid super can reduce some women's retirement savings by up to 10%, further exacerbating the existing gender pay gap whereby women typically retire with about 25% less super than ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... portfolios, left the fund following the appointment of Andrew Fisher as head of the investment strategy for both the super savings and QSuper portfolios. Moreover, ART is currently searching for a new chief of retirement and a chief member officer.

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... regulator issued a permanent ban to the director of Melbourne's Skynet Financial Services for stealing his clients' retirement savings to fund a lavish lifestyle and pay personal debts. Between 2013 and 2017, Terence Rio Nugara advised clients to withdraw ...