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Showing 71 - 80 of 4525 results for "Saving"

Trump building 'better' super system than Australia

ELIZA BAVIN  |  FRIDAY, 1 MAY 2026
US President Donald Trump has unveiled his new retirement savings plan, inspired by Australia's superannuation system. US Treasury Secretary Scott Bessent said the government designed a plan "that's something pretty close or in the direction of the ...

Major UK pension reforms passed

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
The UK has passed legislation requiring pension schemes to prove they're delivering value for money or face consolidation and enables automatic merging of multiple pension pots. The Pension Schemes Bill was passed into law on Wednesday, which will kickstart ...

Canada launches first sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 29 APR 2026
The Canada Strong Fund will invest in nation-building projects, with a seed investment from the Canadian government of $25 billion. It will also launch a retail investment product. Canadian Prime Minister Mark Carney announced the launch of the Canada ...

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
Speaking at the National Press Club on Wednesday, minister for health and ageing Mark Butler said he will soon introduce a bill to ensure the sustainability of the National Disability Insurance Scheme (NDIS), seeing about 160,000 recipients' entitlements ...

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
Turbocharging its workforce automation, Praemium has finalised restructuring the local information technology division that made several jobs redundant and is on track to save $9 million in salary expenses. This includes cost savings from the closure ...

UniSuper halves admin fees for 42,000 members

RIDDHIMA TALWANI  |  TUESDAY, 21 APR 2026
UniSuper will halve its asset-based administration fee for the Flexi Pension retirement product starting July 1. More than 42,000 retired members in the product will pay a fee of 0.08% from the current rate of 0.16%. "Our ability to offer this significant ...

Government, super funds to increase UK collaborations

MATTHEW WAI  |  MONDAY, 20 APR 2026
Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment, which will help to secure more "two-way" investment in jobs and industries, as well as strong returns for investors for both ...

Actuaries Institute proposes pre-set pension for retirees

RIDDHIMA TALWANI  |  THURSDAY, 16 APR 2026
Actuaries Institute has proposed a three-part package to tackle Australians missing out on tax-free income by not transitioning their superannuation to the retirement phase when eligible. Under the proposal, all APRA-regulated super funds would be required ...

AMP sees strong platform growth, AUM hit by volatility

ELIZA BAVIN  |  THURSDAY, 16 APR 2026
AMP has reported its 1Q26 results, showing 45% growth in Platforms net cash flows, increasing to $1.1 billion. However net cash outflows continued for the Superannuation and Investments business, seeing $80 million in outflows - albeit this was a 26% ...

FSC ups expectations on platform trustees' governance

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
A new standard from the Financial Services Council aims to strengthen governance practices across superannuation platforms, including limiting unadvised members to simpler investments, enhancing due diligence of options, and greater oversight of advisers ...