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| | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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. ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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," ... |
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