Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 851 - 860 of 7185 results for "Retirement"

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
Australia no longer has the top ranking retirement system in Asia Pacific and has also slid down the ranks globally, with experts saying it's the result of a lack of focus. According to the 16 th annual Mercer CFA Institute Global Pension Index ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... managing director Daniel Shrimski believes Australians would be shocked to learn how much is being drained from their retirement savings through super fund fees. New research commissioned by Vanguard, conducted by CT Group, found 61% of Australians are ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... (ASFA) chief executive Mary Delahunty said single and divorced women are already most at risk of persistent poverty in retirement and allowing them to raid their super early risks entrenching them in poverty. "Why do we expect women, especially marginalised ...

Nest plans retirement income play

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... largest defined contribution workplace pension scheme by members, will work with WTW and Hymans Robertson to develop a retirement offering. It's estimated that in the coming years one in three UK workers will have pension savings with Nest, with the ...

Super Members Council names deputy chief

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2024
... funds, my excellent team and SMC colleagues to advocate for a stronger, fairer super system that delivers the very best retirement for Australians."

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... Justice Lisa Hespe agreed the contraventions were serious and that there was a concern about the effect on members' retirement savings. "I will make it clear that I am very concerned that this conduct is serious. It is serious, not just for the consequences ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... political narrative than they are in ensuring every day and younger Australians can continue to aspire to fully self-funded retirement," Tink asserted. Meanwhile, SMSF Association (SMSFA) is now urging the Senate to reject the legislation of a "deeply ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... important to develop more advisers to connect those "clients who had lost their planners or were entering their pre-retirement years." "The landscape of the financial services industry has changed significantly over the past five years, particularly ...

AustralianSuper expands US footprint, names executives

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... great strategic importance to the fund and its members". "To help members achieve their best financial position in retirement we need to have an on-the-ground presence in global financial centres to access the best quality investment opportunities," ...