Search ResultsShowing 1 - 10 of 100+ results for "Retirement"
Beware the retirement trap
ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... undesirable outcomes for some retirees, forcing them to ensure they have at least $600,000 squirrelled away ahead of retirement. BetaShares senior investment specialist Roger Cohen's analysis shows that for Australians at retirement age with savings ...
AMP adds competitors to platform
ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... increases choice for advisers and clients, further strengthening AMP's wrap platform offer," AMP managing director super, retirement and platforms Lara Bourguignon said. "The changes follow a year of significant investment and enhancements to our flagship ...
Statewide dumps executives
HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... continuing. "We take our responsibilities as trustee of your superannuation seriously and you can rest assured your retirement savings, data and privacy have never been at risk," the fund said. "We, as always, place you at the forefront of everything ...
Your Super, Your Choice debate heats up
ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... workplace agreements." Meanwhile, the AIST said members in the choice segment are at risk of having materially lower retirement incomes. "Choice must only be provided in a way that does not leave consumers worse off and must operate in an environment ...
Class action accuses CFS of dodgy insurance fees
ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... superannuation," Shine class actions practice leader Rebecca Jancauskas said. "Many of these people are approaching retirement and now their nest egg has shrunk as a result of the conduct of Colonial First State Investments Limited." Shine client and ...
AustralianSuper ups admin fees
JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... total annual fees and costs payable on a $50,000 balance to $437. It will not apply to Choice Income or Transition to Retirement Income accounts. The new fee is in addition to the fund's existing administration fee of $2.25 per week and investment ...
Aberdeen Standard, HUB24 partner
KANIKA SOOD  |  TUESDAY, 21 JAN 2020
Aberdeen Standard Investments is set to launch retirement income products, managed portfolios and a "bionic" advice solution for advisers and employers in partnership with HUB24. The new set of "bionic" advice solutions will kick off with a tool for ...
Opt-out super to hit workers: ISA
HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... year. With wages taxed at a higher rate than super contributions, ISA said workers would end up raiding their own retirement savings only to end up paying more tax. Labelling the idea a "tax grab in disguise", ISA said the plans - floated by backbench ...
What people really think about life commissions
ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... for, 54% were said they were driven to pay by the desire to build up investments. That was followed by saving for retirement at 50%. However, advisers offering life cover may have a bit of a harder time - only 46% were driven to pay a fee to their adviser ...
ISA slams ANU research as SG debate rears its head again
HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... attack on research undertaken by the ANU - and included as part of the university's submission to the government's retirement income review - which claims the appropriate level of SG can "differ substantially across members". In the new paper - The 'Right' ...
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