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Showing 1 - 10 of 5336 results for "Age"

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
Paul Murray took over as chief investment officer at legalsuper on March 11, succeeding Norman Zhang who departed in December 2023 for a role at Koda Capital. Murray was most recently interim head of alternatives at Future Fund, a role he took on after ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
Daniel Kahneman, the Nobel Prize-winning economist and author, has died aged 90. Kahneman was an Israeli American psychologist whose research into human behaviour upended economics. Kahneman's research demonstrated humans would often abandon logic and ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... modernising, at the very least. He said that the federal government has prioritised maintaining entitlement benefits for people his age (71) even though it might mean that Social Security will struggle to meet its full obligations when younger workers ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... Australia's major capital cities against a 20% deposit placed on a median-priced house and unit. The data shows no-one in this age group in Sydney, whether single or in a couple, could raise enough money for the deposit on an average house or unit by ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... cover in ART. ART's fixed TPD cover tapers or reduces for older members, while its voluntary fixed TPD cover ceases at age 67 and not age 70. AvSuper also told members that its trustee "is satisfied that ART will qualify as a successor fund and has ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Financial advisers in the UK are being asked to examine their processes when providing retirement income advice, following a thematic review that found some "are not even getting the basics right." The Financial Conduct Authority (FCA) undertook the ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
In its March meeting, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35%, as predicted by nearly all economists. HSBC chief economist Paul Bloxham stated that the decision was in line with expectations and that there are risks ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... strategy identified a cohort of members who may benefit from a lifetime income option supplementing an account-based pension and Age Pension. "A lifetime income option not only ensures members, and their partners, are able to have an income as they live ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...
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