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Showing 931 - 940 of 7403 results for "Retirement"

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... enhance our sophisticated investment options for everyday UK pension savers, aiming to help them build a more secure retirement." Nest, a public corporation founded in 2008, manages $90 billion (£45.3 billion) in assets for 13.7 million members in its ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... proposed superannuation tax is also political trickery at its crudest, designed to hit only those with over $3 million in retirement savings - rich boomers - because after all, who could object to that...? Whilst the incidence of the tax, who it will ...

ASX taps Westpac NZ chief risk officer

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
... across the Tasman Sea. Westpac New Zealand chief risk officer Dirk McLiesh will join the ASX on March 3 following the retirement of Hamish Treleaven in September last year, as well as the appointment of Leanne McDougall as the interim chief risk officer. ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... consider the impact to employers." The fund is also calling for urgent progress on reforms to financial advice and retirement, as well as a review into the introduction of 'Superannuation Carer Credits' for periods of unpaid caring work. "We are also ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... dust as Cbus, which spent $5 million, made the second-largest outlay. HESTA followed with $2 million and Australian Retirement Trust (ART) with $1.7 million. The newly released APRA data also shows that AustralianSuper, which had $360 billion at the ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... Chow said. Chow explained the increased TBC creates several advice opportunities for clients who are yet to start a retirement phase pension, have not yet exhausted their cap and wish to transfer more into the retirement phase, or receive a transition ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
Labor frontbencher, assistant treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... unique because an individual's money is held in a trust and is preserved and protected until that individual reaches retirement age or meets a condition of release, like release on compassionate grounds." Delahunty said despite ASIC finding that none ...

Franklin Templeton folds Martin Currie into affiliates

KARREN VERGARA  |  WEDNESDAY, 29 JAN 2025
... meeting evolving client needs while reinforcing its commitment to investment excellence," Franklin Templeton said. The retirement of the Martin Currie brand is expected to complete by the end of this year. ClearBridge has US$193 billion in AUM invested ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... SMC said 700,000 Australians aged over 65 and no longer working full-time have yet to transition their super to the retirement-phase. On average, this has them paying about $650 extra in tax per year, it said. Breaking down the numbers, the SMC found ...