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Showing 801 - 810 of 4082 results for "Savings"

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... Association of Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender gap using the tax revenue generated by the proposed $3 million cap on superannuation. ASFA senior policy advisor Helena ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... said: "As we seek to invest more than $240 billion on behalf of 2.2 million members who trust us with their retirement savings, these new appointments bring a wealth of experience in investment markets, and in critical areas of focus and opportunity." ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... MySuper products declined in line with the overall asset pool, dropping 3.1%to $917.3 billion. Australians' retirement savings shrank 3% at the end of last year to $3.4 trillion in total, APRA said, pointing to market volatility largely driven by global ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... as previously reported by Financial Standard, the government released a draft objective for superannuation to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The proposed ...

What "wealthy" means to Australians: AMP

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... pursuing desired lifestyles; and more individuals are seeking to attain this freedom through liquid forms of wealth like savings, equities, and managed investments. "We've traded off that [homeownership] in order to get superannuation or to provide ...

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... nickel, LNG and rare earths." McAuley added: "Australia has a large, well capitalised finance sector and extremely large savings pool in the form on $3.3 trillion in superannuation."

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... superannuation to deliver sustainable retirement income. The proposed objective, which is open for consultation, is to preserve savings to deliver income for a dignified retirement, with government support, in an equitable and sustainable way.

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... is well placed to face challenges to fiscal sustainability, due in large part to high levels of private superannuation savings helping to reduce government pension spending." But ASFA report emphasised that the sustainability of Australia's retirement ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
Plans to allow access to offenders' superannuation savings as a means of recourse for victims and survivors of child sex abuse should be extended and made applicable to all major and violent crimes, associations say. In a joint submission to Treasury ...