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| | | MLC Life Insurance has appointed David Stephen as an independent non-executive director on its MLC Limited board. Stephen will also serve as chair of the board risk committee, replacing Andy Cornish who after seven years is retiring. With over 35 years ... |
| | | | If the current high levels of inflation continue for years rather than months, many retirees could be facing some difficult spending choices, says Challenger. A new report, entitled Innovations to manage inflation risks, highlights the need for financial ... |
| | | | ... taking our year-to-date inflows to $250 million," Hackett said. "This is our third biggest half since the commencement of the life company back in 2004." According to Hackett, while there was an increase in withdrawals and maturities due to multiple ... |
| | | | ... that many Australians are ill-prepared for retirement, lacking control in the retirement planning process. Fidelity's New Life Old Life report showed that a third of older Australians who planned their retirement did so earlier than anticipated, mainly ... |
| | | | ... because they don't want to be in client facing or sales roles, preferring "number crunching," or simply enjoy the work/life balance of paraplanning, the survey said. Last year, only 72% said the same. Others paraplanners cited a lack of desire to ... |
| | | | ... interested in receiving financial advice, according to a retirement planning study by Fidelity International. Fidelity's New Life Old Life report shows that 80% of pre-retirees currently receive advice, have received advice or would consider receiving ... |
| | | | ... corresponding period. Meanwhile, the ASX200 price index over the 12-month period to 31 December 2022 was -5.5%. According to Plan for Life data, HUB24 was ranked first for quarterly net inflows and second for annual net inflows. The funds platform's ... |
| | | | Research by Rainmaker Information shows that an industry fund has the best performing personal super investment option, as at 30 November 2022. Hostplus Personal - Balanced option ranked first in Rainmaker's last superannuation performance tables ... |
| | | | The differences between the US and Australian defined contribution workplace superannuation system has been explored at an academic forum in New York. At the Global Committee of the Defined Contribution Institutional Investment Association (DCIIA) forum ... |
| | | | Rainmaker Information has released a list of the best MySuper investment options as at 30 November 2022. Hostplus' Balanced option ranked first in Rainmaker's latest superannuation performance tables with a 6.3% annualised return over a three-year ... |
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