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Showing 771 - 780 of 4142 results for "Savings"

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
... "That's who we're doing it for, because they are ultimately who we're here for." While the added scale means savings of some kind for most members, others will see theirs increase. Administration fees paid by Equip members have decreased ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... their superannuation balance at retirement by $123,000. KPMG economic analysis revealed that such a boost in retirement savings could be attained for a budgetary cost of $45,500. KPMG Australia head of superannuation Linda Elkins said: "Not only would ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... reinvest in their business. "There are opportunities for the industry to become more efficient and pass back some of these savings to customers," he said, adding that uncertainty of claims costs for disability products, both income protection and TPD ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... Australian market, this can lead to potential inflation problems. Also, the fact that consumers still have too much excess savings, is leading to excessive consumer spending, suggesting that the Reserve Bank of Australia (RBA) probably needs to hike ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... Treasury has announced plans to consolidate the nation's pension fund sector and unlock £75 billion in retirement savings to back high-growth companies. Yesterday, Chancellor Jeremy Hunt delivered the Mansion House reforms and cited plans to stimulate ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... APRA-regulated funds is 26% or about $1.8 trillion by 2032. Currently, they own about $625 billion. "If superannuation savings double to almost $7 trillion within 10 years, APRA-regulated funds themselves could hold $1.8 trillion in retiree assets - ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... it's unfair and the law needs to be modernised." "Locking thousands of teen workers out of our world class retirement savings system is not giving them the super start to work they deserve. How can we explain that young workers don't get super while ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... value products". "We now want to see that progress accelerate. We are also increasingly seeing customers switching their savings products to those with higher rates. We continue to urge savers to shop around to make sure they're getting the best deal," ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... report found 25% of members who had recently engaged with their super fund are at a high risk of taking their retirement savings elsewhere. This is up from 23% last year. At the highest risk are members under 55 years of age, members who have been in ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... and maintain a patient, long-term approach designed to provide the best possible outcomes for our members' retirement savings and help them face the future confidently." Aside from the balanced growth option, HESTA's diversified investment options have ...