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Search ResultsShowing 1 - 10 of 36 results for "MoneySmart"
ASIC slammed over SMSF data
ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
... "The challenge I have as chair of this committee and as a parliamentarian holding ASIC to account is if you go to the MoneySmart website, it still has today that the average cost of running SMSF is $14,879. That misinformation is still out there," he ...
ISA, ME Bank issued please explain
ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... that an early withdrawal of $20,000 by a 30-year-old could mean missing out on $97,214 in retirement. Meanwhile, ASIC MoneySmart said $20,000 for a 30-year-old might amount to $43,000 by retirement and Super Consumers Australia put the figure at just ...
Intra-fund advice must improve: Rice Warner
HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... calculator on their public website. "Of the funds that do, about one fifth of those redirect the member to ASIC's MoneySmart calculator instead, losing the opportunity to engage their members," Rice Warner said. It warned the next 12 months pose ...
Grattan SG claims slammed by industry bodies
HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... better off in retirement. "This will boost retirement income from $38,900 a year to $40,950 a year according to ASIC's Moneysmart calculator, an increase of 5.3%," ASFA said. Industry Super Australia also hit out at Grattan, and said the institute had ...
Super calculators to align with MoneySmart
HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... to require providers to adjust for inflation in their estimates by using the same inflation rate used by ASIC's own MoneySmart calculators. The requirement will see providers use either the default interest rate - as set by MoneySmart - or an alternative ...
Regulators unite for life insurance transparency
HARRISON WORLEY  |  FRIDAY, 29 MAR 2019
... According to the data, 92% of overall claims are paid in the first instance. At the same time, ASIC released a new MoneySmart life insurance claims comparison tool, to help consumers "make more informed decisions," by outlining the claim acceptance rates ...
ASIC offers fee relief to drought-affected farmers
HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... free financial counselling was available to farmers and related small businesses struggling with debt, through ASIC's MoneySmart website. ASIC added anybody struggling with debt could also call the free National Debt Hotline on 1800 007 007. Meanwhile ...
Industry bodies respond to RG97 review
KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... establishing web-based facilities to help consumers compare products and investment options easily. A database, such as ASIC's MoneySmart website, run by a government agency would be ideal, he said. The Australian Institute of Superannuation Trustees ...
Government renews calls for financial literacy support
JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... The Government has invited state and territory governments to participate in a new agreement that would see the ASIC MoneySmart Teaching program remain in place for a further four years and also expand to more schools and students. More than 32,000 teachers ...
In-house education key to super success
JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... schools incorporating financial literacy into their curriculum, and plenty of valuable online resources like ASIC's MoneySmart, young Australians are better equipped than ever to be smart about their super, but we know their most influential source of ...
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