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Showing 981 - 990 of 5908 results for "Rates"

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... contribute to low confidence include uncertainty about the levels of return on their retirement savings and the drawdown rates at retirement. Almost one-third rely on their super fund to help them make retirement contribution and planning decisions ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... Commission predicts between 2020 and 2050, an even bigger inheritance will pass onto the next generation. "Falling fertility rates - a long term trend evident in Australia since the late 1950s - means that people who die will have fewer children to leave ...

Top investment products, super fund revealed

STAFF WRITER  |  THURSDAY, 2 DEC 2021
... In terms of the best-value flexible home loans, G&C Mutual, Macquarie Bank and Freedom Lend provide the most competitive rates. G&C Mutual Bank offers 2.21% with no establishment fee and a 100% offset account, redraw and unlimited extra repayments. Macquarie ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... to charge fees on deregistered company accounts; and selling on credit card and flexi-loan debt with incorrect interest rates. Westpac reached an agreement with ASIC to resolve all six matters, has admitted the allegations in each of the proceedings ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... generally been adopted as a rule of thumb by pension fund providers. Given the current state of the market and low interest rates, Morningstar found that retirees need to create a little wiggle room. "The 4% rule is based on a static withdrawal, and ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... to charge fees on deregistered company accounts; and selling on credit card and flexi-loan debt with incorrect interest rates. This is the first time ASIC has filed multiple proceedings against one entity at the same time. Announcing the filings today ...

Industry fund cuts premiums

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
A $2 billion industry fund has reduced its insurance premiums by more than 17%. REI Super informed members premium rates will decrease by 17.5% for income protection and 3.3% for death and total and permanent disability (TPD) insurance. "We continuously ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... interest rate hikes. If anything, the Reserve Bank of New Zealand's (RBNZ) has already jumped the gun. The RBNZ raised interest rates by 25 basis points to 0.5% in October - ahead of the other central banks' (mentioned above) their policy adjustments ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... correct premiums would be charged, they did need to elect to have the quantum of premiums be determined by the occupational rates. According to the documents, if a member had taken that action, they would have been charged premiums between 30% and 40% ...

Morningstar launches retirement strategy tool

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... produce returns to meet their spending aspirations," Murphy said. "In a low rate environment, relatively static withdrawal rates and static asset allocations will likely not be as effective going forward." The tool uses sophisticated cash flow management ...