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Showing 931 - 940 of 4088 results for "Savings"

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... legislated and support for policy foundations of preservation and compulsion are the key building blocks to supercharge savings, underpin domestic investment and alleviate pressure on the age pension." The release further noted the government's commitment ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
... maximum - doesn't count towards any of the contribution caps and can still be made even if a person has total super savings greater than $1.7 million. A client's spouse can also make a downsizer contribution to their own super of up to $300,000 ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... not what they appeared to be." "We've seen a number of recent collapses of exchanges where people have lost all of their savings with no ability to get their money back." To illustrate his point, Veyret cited the collapse of Terra Luna which he said ...

ClearView consolidates super, pension plans

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... years later in 1995. The decision by ClearView impacts about 5500 members with approximately $450 million in retirement savings. "The trustee has determined that transferring members via an intra-fund transfer to ClearView WealthFoundations is in the ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... the COVID period when the Liberal government had no control or monitoring plan on who was granted early access to super savings. "This portion of the population will then fall back on public pension which puts additional pressure on Australia's fiscal ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... year," APRA said. "The government's large fiscal stimulus in response to the onset of the COVID pandemic boosted household savings along with a stronger engagement with financial advice." Member contributions totalled $6.3 billion for the quarter and ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... an opportunity to reset and align Australia's economic policies with climate goals that will protect the retirement savings of millions of Australians," the statement said. "The Investor Group on Climate Change and its members, who manage more than ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... ACTU was less accommodating to this viewpoint, the union called this housing policy a shameless attack on the retirement savings of working people and an attempt to shift blame for the housing affordability crisis. "This is not a housing policy - this ...

Government proposes further expansion of downsizer scheme

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... 10 years. In response, UniSuper said it supports any measures aimed at helping people make the most of their retirement savings. "The decision to downsize is one that is often made earlier in life than the current eligibility age. This proposal removes ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... the world, but Byres said it could be better. Having initially praised the national $3.5 trillion pool of superannuation savings as a wonderful asset, Byres later expressed his view that too many trustees continue to underperform. "We still have too ...