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Showing 871 - 880 of 7185 results for "Retirement"

AustralianSuper appoints first chief liquidity officer

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... in the fund's operations and the broader Australian economy." Delaney said as more AustralianSuper members approach retirement with larger balances, liquidity management was a key focus for the fund's operations. "A big part of Chandu's role will be ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... capitalisation of the Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper, Hostplus, Cbus, Rest, and HESTA, which command over half of all APRA-regulated superannuation ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... Grice said. The research also found that most Australians over 50 believe the Age Pension will not be enough to fund retirement, even for homeowners. Of the 4700 Australians surveyed, nine in 10 said the Age Pension is "insufficient" for a basic lifestyle ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially thought. ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
A local fintech, backed by Australian Retirement Trust and Perennial Partners, has completed a $60 million capital raise. InDebted, a fintech that provides 'personal' debt collection services underpinned by artificial intelligence and machine learning ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs than other product types, APRA said in its newly released ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... rising at a faster rate than superannuation assets, people who take advantage of this scheme will have lower income in retirement after housing costs than would otherwise be the case," Eslake said. "In other words, it would fundamentally undermine the ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... Australia (ASFA) shows only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes (DBFO) could help. The survey found only 51% of adults have ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... fees annually on balances of $500,000, according to SuperRatings, while the mean sits at $4600 p.a. ESSSuper said its Retirement Income Stream account will charge $3400 p.a. based on this balance, which is still ahead of most super funds. ESSSuper recently ...

More financially secure women seek advice: Survey

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
Financially secure women in the second half of their lives prioritise living comfortably in retirement and travelling as their key goals and seek financial advice to maintain a level of prosperity, a new survey from Perpetual Private found. Canvassing ...