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Showing 841 - 850 of 4088 results for "Savings"

Super system shields against macro storm: Fundie

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... generated a fair degree of social harmony in a relative sense," he said. "If you work hard here, you're going to have a savings pool at the end of the day because you have 10% or 12% of your salary put into super. In a lot of countries, if you don't ...

ASIC hands out more interim stop orders

CHLOE WALKER  |  MONDAY, 5 DEC 2022
... or needs, the corporate regulator has placed interim stop orders on both Australian Fiduciaries Limited (AFL) and APS Savings Limited (APS Savings). To date, ASIC has issued 21 interim stop orders under the design and distribution obligations (DDO) including ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... costs, design plans that match the preferences of their employees and implement behavioural strategies to increase employee savings," the outlook stated. Nonetheless, some employers, particularly small ones, may be unwilling to establish pension plans ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... Household Capital Advisory Board chair Deborah Ralston concluded: "Home equity is a large part of a retiree's overall savings; the integrated platform that Josh, Paul and the team have created is an innovative way to access the third pillar of retirement ...

UK regulator looks to simplify advice

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... advice through perceived high charges. Our expectation is therefore that more consumers will move some of their excess cash savings into investments within S&S ISA wrappers," the FCA said. In the UK, the average adviser charges between 1% to 3% of the ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
... privilege to serve as the chair of the Rest board for the past nine years. "Protecting and growing our members' retirement savings has remained my light on the hill as has the diverse and changing needs of our members," he said. "I'm proud that in my ...

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
... of greater size and scale, supporting an increasing number of Australians who have entrusted us with their retirement savings. Maritime Super's heritage and strong ties with the maritime industry will add to the diversity of the membership and evolution ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... the respondents who feel financially stressed, 33% said the main concern stems from not having enough superannuation or savings for retirement. Around 41% attributed it to not being able to afford what they want to do, 54% said its difficulties juggling ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... that faith-based carve outs undermine the YFYS reforms, which were carefully devised to ensure super funds invest members savings according to the best financial interest duty. Earlier this week, a spokesperson for assistant treasurer and minister for ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... to shift the superannuation systems focus towards making consumers more confident when drawing down on their retirement savings to provide higher consumption throughout retirement. It will also improve access to retirement specific advice and member ...