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Showing 891 - 900 of 7185 results for "Retirement"

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... accumulation members, headline admin fees will be halved from 0.30% to 0.15% per annum. Meantime, administration fees on Plum Retirement Income and MLC MasterKey Pension Fundamentals will drop from a maximum of 0.30% to 0.10%. The annual fee cap applied ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Most Australians anticipate they will fund only 12% of their retirement income with the Age Pension, but the reality is retirees currently need nearly double that amount, a new study from Investment Trends finds. A survey of more than 5600 participants ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... Superannuation Trustees (AIST) estimated menopause is costing Australian women about $17 billion lost earnings and retirement savings. "A woman retiring at the average age for a man would accrue an additional 7.4 years of income and superannuation which ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
For the first time since the 1970s, China will begin "gradually raising" the national retirement age from next year as it looks to stretch a dwindling pension budget further to sustain its ageing population. The country has approved proposals to raise ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... Australia (ASFA) shows that while super balances are largely growing, there's still plenty to be done to ensure positive retirement outcomes for all. ASFA's An update on superannuation account balances reveals that strong investment performance has boosted ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation Calculators and Retirement Estimates) Instrument 2022/603. This will affect those who provide superannuation calculators and retirement estimates. ...

BUSSQ board members removed

ANDREW MCKEAN  |  FRIDAY, 13 SEP 2024
... Michael and Jacqui have provided outstanding service to the members of BUSSQ. Their dedication to looking after the retirement savings of our members has always been evident and their input will be missed. On behalf of the board, chief executive, and ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... he said. "I have watched with interest as the group has expanded into alternative assets, including dairy farms and retirement villages, showing that its active boutique approach translates successfully across different asset classes. "The beauty of ...

Apollo, State Street plot private markets ETF

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... private fixed income and equity strategies as they seek to build resilient and diversified portfolios to serve their retirement and investment needs. We are confident our relationship with State Street will help accelerate this trend as we leverage our ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
The complexity of retirement income decisions has left many feeling ill-equipped to manage their superannuation savings and generate an income that will deliver a comfortable lifestyle later in life, according to GBST research. The wealth management ...