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Showing 1 - 10 of 1679 results for "Retirement savings"

'Beyond warnings': ASIC to come down heavy on private credit

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
... unpaid, homebuyers face the distressing prospect of losing their deposits, and superannuation members find their retirement savings locked away. The damage also falls on investors," she said. Constant said ASIC is worried the sector's engagement might ...

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
... the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement savings. The proceedings have been brought on behalf of representative plaintiff Rachelle Dessent and approximately 2800 account holders ...

Shield investors launch Macquarie class action

VINNY VUCAGO  |  FRIDAY, 18 SEP 2026
... the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement savings. The proceedings have been brought through on behalf of representative plaintiff Rachelle Dessent and approximately 2800 account ...

ART leads retirement product race, others wrestle with covenant

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2026
... services sales for Australia and New Zealand Stephen Jani said the industry's transition from building retirement savings to supporting Australians through retirement is one of the defining challenges of our time. "This year's report brings together ...

Regulatory reform omnibus bill passage trims CSLR levy disallowance period, payouts

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
... "For victims, this is a really important step. People have already waited far too long. They've lost their retirement savings, spent months or even years going through AFCA, and then after finally getting a determination in their favour, they can ...

SMSFs lure $14bn from retail, industry super funds

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
Self-managed super funds (SMSFs) scored nearly $14 billion in retirement savings at the expense of industry and retail funds over recent years, a new report from Class shows. An analysis of Class SMSF clients in its Annual Benchmark Report revealed ...

Tribunal affirms InterPrac, FSGA adviser bans

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
... Its role is to support their quality of life in retirement. Advisers recommending that clients switch their retirement savings must exercise particular care and ensure the advice is genuinely in the client's best interests." He said ASIC will continue ...

Retiree super spending injects $121bn into Aussie economy

RIDDHIMA TALWANI  |  WEDNESDAY, 9 SEP 2026
... paid more than twice as much in super retirement benefits as they received through the Age Pension. "And their retirement savings - invested and compounded over decades - are now flowing back into the whole economy through super-enabled retiree spending ...

Shorter CSLR payout timeframe awaits major bill passage

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
... than waiting until the pressure is already there," she said. "At the end of the day, these are people's retirement savings. Every month we can take out of the waiting process is a month that matters." Financial services minister Daniel Mulino introduced ...

Industry, economist blasts One Nation's super agenda

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
... would be more than $50,000 worse off. "It is unfair to ask everyday working Australians to sacrifice their retirement savings to fix policy problems they didn't cause, like inflation and the housing crisis," Delahunty said. "These problems need real ...
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