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Showing 1 - 10 of 102 results for "Retirement funds"

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... obtained orders in 2020 to wind them up. "Investors were encouraged to set up SMSFs so they could access their retirement funds to invest in these property companies. Sadly, these investors were taken advantage of and their funds were used dishonestly," ...

Retirement officer roles critical in super funds

CHLOE WALKER  |  THURSDAY, 23 MAR 2023
... we're required to do, but our business strategies and how we're going to transform the funds into early retirement funds." As JANA's senior consultant, head of retirement strategies, Danielle Bose said it's been great to see many of her ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... important role in our financial wellbeing strategy, through our interactions with looking after people's retirement funds. We think there are other ways we can add value to them." On whether the group is scouting potential merger partners as a means ...

Global fintech Smart expands pension offering to Australia

CASSANDRA BALDINI  |  TUESDAY, 12 JUL 2022
... technology includes apps, web access, Amazon Alexa and Google Home skills, apparently making it as easy to manage retirement funds as it is to shop or bank online. Co-founders of Smart Andrew Evans and Will Wynne commented on the expansion. "We're really ...

Vanguard hit with US class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... Luner filed a class action lawsuit against Vanguard trustees and on behalf of investors in Vanguard's Target Retirement Funds, based in the US. The suit alleges that Vanguard's mismanagement of these funds led to "enormous tax bills (tens of thousands ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... international pension fund counterparts. New Zealand's KiwiSaver averaged 0.90% for the same period, US Public Sector retirement funds charged 0.55%, UK's Nest charged 0.51% while Sweden AP National Funds charged 0.15%. On the brighter side ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Women need to take stock and focus on rebuilding their super after disproportionately withdrawing their retirement funds in comparison to men, according to AMP. AMP said over 80,000 of its women members accessed their superannuation savings, through ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... funds are using members money to invest in build-to-rent schemes while those same members are unable to use their retirement funds to purchase their own home is problematic. "There is no logic to put the benefits of super, which are realised for around ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... out. Jones says the system's ability to help Australians weather the storm through early access to their retirement funds is a result of its design shining through. "For the last 30 years it [universal superannuation] has been quietly building a ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... pay-as-you-go systems, meaning pensioners will be forced to rely on the operating budgets of employers to get their retirement funds. "Collapsing to pay-go status is risky given that sponsoring governments would have to make even bigger contributions ...
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