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Showing 1 - 10 of 98 results for "Retirement funds"

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 ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
... work so tirelessly in," Caddie said. The Queensland-based Club Super currently manages around $600 million in retirement funds on behalf of more than 22,000 members, while Hostplus takes care of around $45 billion for more than 1.2 million members. Despite ...

Retiree savings won't last: World Economic Forum

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... outliving their retirement savings," Yik said. "As people are living longer, they must ensure they have enough retirement funds to last them through their longer lives. This requires investing with a long-term mindset earlier in life to increase total ...

Superannuation gender gap hits women early

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... accumulation. This would help women, at least to some extent, become more on par with men as they access their retirement funds."

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
Seeking diversification, self-managed superannuation funds are pushing more retirement funds into assets such as marina berths and indigenous artworks. Latest research from SuperConcepts reveals the big ticket items held within SMSFs. Gold and silver ...
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