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Showing 71 - 80 of 126 results for "average Australian"

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income but has been sidetracked by a disproportionate emphasis on wealth accumulation. Speaking at this morning's annual policy conference for the Committee for Economic ...

Compliance costs Aussie advisers $15k versus global peers

MARK SMITH  |  TUESDAY, 4 MAR 2014
... Turnbull said. Comparing the two adviser types, aligned advisers spend more time than independent advisers and the average Australian adviser on compliance (16.7%, 11.0% and 14.3% respectively), while independent advisers are more burdened by administration ...

FEATURE: The cost of cash

MARK SMITH  |  FRIDAY, 14 FEB 2014
... weaken to help prop up the troubled resources sector and other export led industries. What this means for the average Australian, however, is that things like overseas holidays, internet shopping and fashionable European cars are going to cost more. ...

Rice Warner warns of massive TPD underinsurance

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
... while income protection cost $247 million. The report, entitled 'Underinsurance in Australia', found that an average Australian couple aged 40 with children required life insurance cover of approximately 10 times annual earnings just to repay debts and ...

ASMA dismayed by proposed super hikes

MARK SMITH  |  THURSDAY, 4 APR 2013
... superannuation system as it stands today is not in crisis. It is starting to deliver real money in retirement for the average Australian," Vamos said. "It is saving the Government billions in the Age Pension and today, the use of the system and the benefits ...

Asset allocation shifts as EM turns strategic: MFS

ALICE URIBE  |  MONDAY, 25 MAR 2013
... about 6.3% of their assets allocated to emerging markets in fixed income and equity. Melendez said that the average Australian superannuation fund had around 20-30% exposure in both direct and indirect exposure. After visiting with superannuation fund ...

Life-cycle funds boost retirement income: Mercer

MARK SMITH  |  TUESDAY, 4 DEC 2012
... have highlighted the urgent need for wider adoption of age-based products. "Today's default products mean the average Australian is in danger of an inadequate income in retirement due to an unnecessary exposure to the possibility of a dramatic drop in ...

ANZ launches low-cost super fund

MARK SMITH  |  THURSDAY, 22 NOV 2012
... a $50,000 balance would save an average of $220 a year when compared to industry funds and $416 versus the average Australian superannuation fund. Assuming continued contributions the bank calculates savings of $29,000 and $55,000 over 20 years respectively. ...

New MLC product protects retirees from volatility

LINDA HAUSKEN  |  THURSDAY, 20 SEP 2012
MLC has outlined plans to launch a new MasterKey Investment Protection product to help Australians protect their retirement savings from ongoing volatility in equity markets. MLC's new retirement product offers two forms of protection, protected capital ...

Climate change already an insurance risk

ALEX DUNNIN  |  FRIDAY, 13 JUL 2012
... prepared by the IAG Natural Hazards Research unit is to be believed because it found that a one degree increase in average Australian summer temperatures could increase the risk of bushfires by 17-28%. Increases in average rainfall can have profound ...