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Showing 821 - 830 of 6227 results for "Money"

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... push to transform retirement savings into retirement income. "We've got to move from a system that's about saving money to ensuring that we provide the retirement income that people need," Jones said. "I don't think anyone can argue that ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... upgrades from higher commodity prices," he said. "Also, trimming spending where we think that we can get better value for money elsewhere. We did that in the October budget, and we'll be doing it again in May." When pushed further, Chalmers reinforced ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... is that there's strong consumer demand for super funds to actively demonstrate they're looking after people's money." "We agree that poorly performing products should be disqualified from the system, and commend the Federal Government for ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... are Abrdn head of retirement and digital innovation Jason Nyilas, Advice Intelligence chief executive Jacqui Henderson, Money GPS founder George Haramis and Ignition Advice global head of strategy and corporate services Andrew Baker. Speaking to Financial ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... contributions could mean an extra $10,800 at retirement or $17,500 after five years of work. "Not only would this extra money improve the quality of life for individuals at retirement it would reduce the burden on the age pension," ISA said. The federal ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
The Australian Institute of Superannuation Trustees (AIST) says the proposed changes to the Your Future, Your Super regime don't go far enough. AIST chief executive Eva Scheerlinck said that while some measures align with AIST's views, others fall short. ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... Currently, Australian CPI is 6.8% - down slightly from its record high of 7.3%. According to Lowe, preserving the value of money is the chief task of any central bank, and interest rates are the enabling tool. However, he also noted that alternative ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
... which has ultimately led to redemptions. For many active managers, such as Magellan, it equates to investors pulling out money, leading to a drop in FUM drops and profitability. In January, Magellan chief executive and chief investment officer David ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... Financial Professionals. All four were banned from providing financial services for five years in November 2019. Much of the money was allegedly used by Linchpin to make loans to itself and then-subsidiary Beacon Financial Group. Daly received loans ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... pandemic could now be $80,000 worse off at retirement, it found. "Australians know the whole purpose of super is to generate money that's preserved for their life in retirement, so it's good to see the government moving to embed this in the law," ...