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

Search Results

Showing 91 - 100 of 164 results for %22Aged Care Act%22

Industry funds must renew aged care investment focus

EMMA RAPAPORT  |  FRIDAY, 10 NOV 2017
... national lobby groups for older Australians has called for more involvement from industry superannuation funds in the aged care sector. At a roundtable hosted by Industry Super Australia and over 50s consumer group Council on the Ageing (COTA Australia) ...

Technical Services Forum tackles super challenges

ALEX BURKE  |  FRIDAY, 15 SEP 2017
... Standard Technical Services Forum addressed two key concerns around superannuation reform: death benefits and the cost of aged care. Speaking on the former, Colonial First State senior technical manager Yvonne Chu described the Government reforms as ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... manage retirement income products and structures with the onset of cognitive decline, and the need to interact with aged care," he said. Medcraft added this was a critical area faced by Australia's ageing population and hopes to release a discussion ...

Pre-retirees risk significant shortfalls: MLC

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
... falling short of what is required for a 'comfortable retirement', according to research from MLC. More than half of those aged between 50 and 70 are on course to fall beneath the ASFA standard ($545,000 for a single, $640,000 for a couple who own their ...

Industry fund makes social impact investment

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
... by Social Ventures Australia, and will see the super fund enter into a partnership with Glenview - a not-for-profit aged care provider, and the Commonwealth Government. HESTA chief executive Debby Blakey said the investment represents a fantastic example ...

Association launches retirement savings research hub

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2017
... a range of topics including the design of retirement incomes policies, behavioural economics and investment markets, aged care and mental capacity. SMSFA chief executive John Maroney said the centre will focus on all social, economic and community issues ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... 4% the government underestimated in last year's budget. A new report from SMSF software company Class found Baby Boomers aged 49 and over will be the hardest hit as they make on average $34,100 in annual concessional contributions, which already breaches ...

Top trends reshaping Aussie superannuation

EMMA RAPAPORT  |  TUESDAY, 16 MAY 2017
... bigger picture Spotlight on post-retirement - transforming Australia's underdeveloped post-retirement space Health and aged care - a new realm for superannuation Hyper personalisation - the pursuit of true member centricity Big data and analytics - the ...

Infratil sells $237m aged care stake to investment bank

ALEX BURKE  |  FRIDAY, 7 APR 2017
Infratil disposed of its 19.91% stake in a leading provider of New Zealand aged care facilities, netting $237.93 million via an off-market block trade. The stake in Metlifecare, sold to New Zealand-based investment bank Forsyth Barr for $5.61 per share ...

Collective power: What's next for profit-to-member funds?

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... identified a number of key areas in which industry superannuation funds can work together on solving problems including aged care, housing affordability, ethical investing, and internal fund work culture. Australian Council of Trade Unions (ACTU) president ...