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Showing 1 - 10 of 3528 results for "Savings"

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
The tentacles of inflation are taking a toll on retirees' savings as the diminished value of their money is their biggest financial worry over healthcare costs, according to a Schroders survey. An overwhelming number of participants in the 2024 ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... monitoring fees and deductions from their members' super." "It is a super fund's job to protect people's retirement savings from rip-off fees and services, but ASIC found that three of the funds they looked at were failing to even do basic ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... the policy would not lift home ownership rates but would only make housing affordability worse while eroding retirement savings and leaving all Australians a tax bill. "It's economically reckless. It sets a policy trap for young Australians because it ...

Stockspot plots entry into superannuation space

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
Stockspot is preparing to launch a superannuation offering that would see members' retirement savings invested exclusively in ETFs. The trading platform is planning to launch Stockspot Super later this year, first bringing an accumulation product to ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... and reinforced again that the outage is not related to a data breach, assuring members their information and retirement savings are safe. He also told members that Google Cloud is not the only cloud service provider used by the fund, saying this has ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... switch funds. An overwhelming number of members are goaded into leaving their incumbent super fund and investing their savings in high-risk property schemes, it found. These are either via platform super products offered by APRA-regulated funds or a ...

Prime Super finds new chief executive

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... Super. "The board looks forward to working with Raelene as we continue to grow and protect the hard-earned retirement savings of our 140,000 members," he said.

Count upgrades synergy benefits after Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... cost synergy benefits expected to be achieved following the acquisition of Diverger. It said annualised expected cost savings had been upgraded to approximately $4 million by FY25, which is an increase from the initial $3 million it expected at the time ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... over the longer term. "GLXD's lower management fee of just 0.15% has the potential to translate into significant cost savings for these investors over long time horizons," Metcalf said. "This resilience presents a promising opportunity for investors. ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to own their own home, but this idea won't achieve that - it would just make ...
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