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Showing 71 - 80 of 267 results for "Super Savings"

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... young Australians, who under his scheme, will be staring down the barrel of hugely inflated mortgages without any super savings to fall back on." Wilson has been grilling the nation's superannuation funds as part of the economics committee's ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
New Rainmaker research has found being a member of a typical lifecycle MySuper product could reduce a person's retirement savings by up to 23% by age 70. The research found that if a member were to stay in a typical lifecycle MySuper product for their ...

Superhero to launch super fund

KARREN VERGARA  |  MONDAY, 14 DEC 2020
... come across investors who don't have a lot of disposable income to start building their wealth but have their super savings - which they are disconnected with. He saw a gap and asked: "How do we engage with their super to start their wealth creation ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... hundreds of thousands of women left behind." ISA claims more than 1.2 million Australians would see a boost in their super savings by increasing the LISTO to cover workers earning up to $45,000. It said the changes would benefit 705,000 women who would ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
... blame. This includes the 'Protecting Your Super' legislation, which came into effect on 1 July 2019 (to protect super savings from unnecessary erosion by fees and insurance costs) and the 'Putting Member's Interests First' legislation, which came into ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... the average was 1.12%. Not-for-profits came out on top as the lowest cost strategies. Responsible for 52% of total super savings, fees paid by NFP fund members account for the same amount in fee revenue. In contrast, retail fund members are paying 29% ...

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... these days without one commentator or another suggesting that Australians should be allowed to tap into mandatory super savings to buy their first home," Scheerlinck said "Aside from the negative impact this would have people's retirement incomes; it ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... occur over the next two decades include the increased dominance of the not-for-profit super sector and the amount of super savings attributable to retirees continuing to rise. "The contracting role of retail offerings in proportional terms is a transition ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... Originally, the program was set to end on 24 September 2020. Now, people will be able to apply for up to $10,000 of their super savings until 31 December 2020. In a press conference, Treasurer Josh Frydenberg confirmed the extension would go ahead. The ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... pension systems of other advanced economies. Touching on recent arguments surrounding the hit taken by Australia's super savings during COVID-19, ASFA reinforces the long-term nature of super, saying that while the ASX S&P200 fell 37% in the four weeks ...