Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 1646 results for "Young"

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... launch. Spaceship chief executive Andrew Moore said the company is in an exciting place. "As a company transforming the way young people think about and invest their money, we're often at the forefront of industry change," he said. "We're always ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
AMP has delivered a return of 9.1% for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Bitcoin. The fund will be backed by a network of service providers, including State Street Australia, Automic, Ernst and Young, CF Benchmarks, and Gemini Trust. Last year, Monochrome received ASIC approval to operate spot-based crypto asset ETFs. At ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... that denies Australian adolescents from receiving superannuation contributions to be overturned. ISA said about 375,000 young workers aren't entitled to compulsory super contributions, unless they work over 30 hours weekly with the same employer. This ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
The super fund delivered 10.7% to members sitting in its default MySuper Lifecycle option, with investment chief Damian Graham saying a pivot away from certain unlisted asset sectors proved the right call. Aware's default MySuper option is a lifecycle ...

Technology top threat to company culture: Report

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
... on leadership teams to navigate this going forward. "For example, firms that choose to promote a narrative about having a young and dynamic workforce may make older employees feel excluded," the report said. Mangers will have to close pay attention to ...

Dealer group adopts profit-for-purpose model

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... it will donate 100% of its profits to nominated charity partners, with an objective to improve financial literacy among young Australians. Specifically, it aims to support financial literacy and wellbeing through easy-to-understand products and services ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
As Baby Boomers exit the workforce, all wealth industry participants need to rise to the challenges and opportunities presented by the great intergenerational wealth transfer, AUSIEX chief executive Patrick Salis says. According to AUSIEX's latest research ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
... and they are looking at what is on offer, weighing up their options and it seems robo-advice and AI are coming up on top." Young investors (31%) tend to focus on short-term returns, but the majority (60%) believe long-term investments are more important ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... claims paid in 2018-19. Consequently, super funds are now providing average standard insurance cover of up to $201,000 for young members, which decreases to $56,000 for individuals nearing retirement.