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Showing 81 - 90 of 1141 results for %22Retirement Standard%22

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... our members rely on refund of excess franking credits where tax paid exceeds their marginal tax rate to support their retirement including their daily living expenses. We are concerned about the potential impact on retail shareholders who rely on companies ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
... administration fees... This is in line with our 'profit-to-member' ethos and will help to increase members' retirement benefits," the government fund said. The changes apply to accumulation and income stream members. However, only the fee ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... prevents the "worst possible crisis." "A default for the first time in our nation's history, economic recession, retirement accounts devastated, millions of jobs lost. It also protects key priorities and accomplishments and values that Congressional ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... said. "Super is for everyone, and we need to ensure that all workers benefit fairly and equitably from our world-class retirement savings system," she said. As part of its proposal, HESTA made three recommendations aimed at addressing the challenges ...

'Kick down the road' mentality fuels retirement insecurity: Study

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... that their existing savings and superannuation balance are insufficient in this economic climate." The ASFA Retirement Standard suggests that retirees need over $500,000 in their super balance, far exceeding the average Australian super balance for early ...

High super balance tax needs work: Podcast

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... Australian taxpayers will breach the cap in their lifetime. It found some 500,000 individuals currently saving for retirement or already retired could be impacted if the cap remains unindexed. "It's not applied to a huge number of people at the moment," ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
Australian Retirement Trust is reducing fees across a range of its investment options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1 ...

Last chance to vote: MAX Awards

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... Templeton, La Trobe, Allianz Retire+, Betashares, Praemium, MLC Life, Charter Hall, Australian Ethical, AMP, Australian Retirement Trust, Generation Life, Hostplus, Betashares, Vanguard and ClearBridge Investments. Last year's awards attracted over ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
... advisers' prior learning and experience. "We also acknowledge the challenges for older advisers, approaching their retirement, in undertaking an eight-subject graduate diploma," she said. Abood said implementing an appropriately targeted experienced ...

Digitisation, personalisation key for advice firms: BlackRock

CHLOE WALKER  |  WEDNESDAY, 3 MAY 2023
... and the experience they will expect. "In the US today, a typical client is around 62 years old and on the verge of retirement. However, with the huge intergenerational wealth transfer about to take place, the bulk of which is expected go to millennials ...