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| | | ... under the current structure," Chun said. He said a 25 or 30-year-old Aware member would end up with $30,000 higher retirement balance with the new lifestage approach. The new MySuper stages will mean a change in fees. For members whose allocation to ... |
| | | | The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ... |
| | | | ... Gargiulo said. Local authorities have the power and duty to ensure local workers not only have a pension for their retirement, but also a future worth retiring into, she added. "Instead of stubbornly sticking with old systems of investment that worsen ... |
| | | | Trilogy Funds Management has appointed a head of lending and property assets following the retirement of David Hogan last month. Clinton Arentz has been named head of lending and property assets, which encompasses his current role leading Trilogy's ... |
| | | | ... superannuation, and their funds' performance, to a degree that's unusual, especially for those who are nowhere near retirement. And Australians have never been more satisfied," Levine said. |
| | | | ... superannuation plan that will add $860 million of assets to the fold. The $16 billion superannuation fund will manage the retirement savings of Toyota Super's 5000 members. Toyota Super chair Rob Purcell said the move is in the best interests of ... |
| | | | Members of merged superannuation funds are $15,000 better off in retirement, new research shows. An analysis by Super Consumers Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at ... |
| | | | Vanguard has announced it is launching the Vanguard Retirement Income Builder tool for financial advisers. Vanguard Australia head of intermediary Rebecca Pope announced the upcoming launch of the Vanguard Retirement Income Builder at Vanguard's recent ... |
| | | | ... of the funds being deemed too high risk and stopped from registering. "This resulted in an estimated $126 million in retirement savings being stopped from being rolled out of an APRA regulated account and rolled into an SMSF where potentially it could ... |
| | | | A $135 billion industry superannuation fund is to acquire a stake in Lendlease's retirement villages business. Aware Super will gain a 25% stake in Retirement Living, which comprises 75 retirement villages that are home to more than 16,000 residents ... |
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| | KANIKA SOOD IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services. | KARREN VERGARA Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. | | | KARREN VERGARA PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight. | BENJAMIN ONG Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this. |
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