Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 238 results for "EGG"

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... questions the industry should focus on rather than increasing the contribution rate, he added. Bragg recently released a book, Bad Egg: How to Fix Super, outlining many of these points, one of which is allowing members, especially those who earn lower ...

Robo advice solution set to launch

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... Fusion, would help service the low balance market and build relationships with clients from the very beginning of their nest egg building journey. "Arrow has been looking to provide a digital offering to our clients for a while now, as we are seeing ...

Fees should reflect investor skill: AB

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
Active managers should only charge fees in line with the returns generated from the investment manager's skills, according to Sharon Fay, chief responsibility officer at AllianceBernstein. Speaking at the JANA Annual Conference, Fay said not all active ...

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... members' capital and income in their later years, which on average is a 52-year-old female school teacher with a nest egg of up to $300,000. The account-based pension was recognised as a product of innovation by the Australian Business Awards. Drew ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
Industry super funds have announced a $33 billion pipeline to stimulate business activity and help restore the economy, according to Industry Super Australia. ISA said the capital expenditure was identified as part of a survey of industry super funds ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... arguing the "community can see that from a mile away". "How else do politicians think people are going to rebuild their nest egg and avoid working until they drop?" Dean said. For a 30 year old with a median income, drawing down the full $20,000 through ...

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
The Australian Federal Police have charged three people with allegedly submitting false claims to gain early access to superannuation under the new COVID-19 measures. AFP Taskforce Iris has charged seven people in total with submitting false early release ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
... banks trying to strike a balance between unemployment and inflation - the coronavirus presents policymakers a chicken and egg dilemma. Health before wealth or vice-versa. Wealth before health. This is underscored by Australian Industry Group's (AiG) ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... live with, and which is now, some six to seven years later, being cleaned up. But not before they extracted one last golden egg out of the goose," Yazbeck said. "Vested interests trumped clients' interests. Revenue streams were protected. Planners were ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
" You're simply the best Better than all the rest Better than anyone Anyone I've ever met..." A great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor ...