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Showing 1 - 10 of 4142 results for "Savings"

ATO helps return over $1bn in super

MATTHEW WAI  |  FRIDAY, 13 NOV 2026
... Ben Kelly highlighted more frequent payments will provide employees with greater flexibility to manage their retirement savings. "Employees also have greater visibility of their super entitlements, helping them better understand and track contributions ...

ASIC sues CBA over alleged $8.5m in undisclosed fees

VINNY VUCAGO  |  THURSDAY, 12 NOV 2026
... following a $14 million penalty with Macquarie Bank for promoting misleading interest rates on its Welcome Rate for its Savings Accounts.

Longer lives challenge Australia's retirement model

VINNY VUCAGO  |  WEDNESDAY, 11 NOV 2026
... additional years without employment income, while those living into their nineties will need to draw on their retirement savings for longer. The research also highlights the growing scale of Australia's aging population, with about 300,000 Australians ...

Macquarie Bank fined $14m for savings rate blunder

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2026
Macquarie Bank has been slapped with a $14 million penalty for promoting misleading interest rates on a savings account that confused customers on how much interest they would earn. Macquarie admitted to breaching the law in a case brought by ASIC in ...

Retirement confidence lowest in a decade: Report

MATTHEW WAI  |  TUESDAY, 10 NOV 2026
... ends meet more than tripled, from 4% to 13%. Additionally, the share of those extremely concerned about outliving their savings tripled from 6% to 18%. The number of retirees just covering the basics or struggling more than doubled, from 14% to 30%. ...

ASIC issues serious and final warning on lead generation

VINNY VUCAGO  |  MONDAY, 9 NOV 2026
... 35% of all new clients. More than $678 million was switched or invested, around 90% of which came from superannuation savings. Advice businesses also received $9.8 million in initial fees, alongside commitments to a further $4.5 million in ongoing fees. ...

IFM Investors appoints global product strategy head

VINNY VUCAGO  |  TUESDAY, 3 NOV 2026
... was drawn to the organisation's long-term focus and its commitment to investing, protecting and growing the retirement savings of working people," he said. The appointment follows a broader period of change within IFM's global leadership, including the ...

ASIC issues 'wake-up call' to trustees on member complaints

RIDDHIMA TALWANI  |  MONDAY, 2 NOV 2026
... the consequences can be serious. These are not abstract governance issues; they affect people's lives and the retirement savings they have worked hard to build." Constant said ASIC will continue to focus on member service concerns and where trustees ...

Aware Super expands Challenger partnership for lifetime income solution

VINNY VUCAGO  |  MONDAY, 2 NOV 2026
... partnership with annuity provider Challenger, as superannuation funds face growing pressure to help members turn accumulated savings into sustainable income. The $250 billion fund has signed an agreement with Challenger to develop a lifetime income solution ...

ASIC takes action on Falcon Capital directors

KARREN VERGARA  |  MONDAY, 2 NOV 2026
... conflicts of interest and weak oversight, and the consequences these can have for Australians' investments and retirement savings. "ASIC has now commenced proceedings against key former officeholders of both Shield and First Guardian, and we will continue ...
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