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Showing 1161 - 1170 of 6133 results for "Australians"

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... outcomes." "Our vision is to fundamentally change what is possible in providing retirement education, help and advice to Australians through the trusted source that is their super fund. We can do this through an integrated suite of digital-first, human-supported ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... Superannuation Tax Offset (LISTO) is a superannuation payment for workers on low incomes to ensure that they are not the only Australians paying more tax on their super than on their take home pay. Some 63% of all low-income workers receiving the LISTO ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... Mirae's investment is a "resounding validation of Stockspot's vision to make investment advice accessible to all Australians and enable individuals to achieve their financial dreams." "With Mirae Asset Global Investments' support, we are ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... benefitting from a supportive market environment, rising demand for guaranteed lifetime income and a growing number of Australians entering retirement. During the period, Hamilton said deepening relationships with institutional investors was a key focus. ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
Australians paid an estimated $13 billion in death and TPD premiums last year, more than half of which through superannuation funds, Rainmaker Information says. While the amount paid was up 5.5% per annum over the last decade, this rate of growth has ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside IFM Investors and senior financier ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... Nations Foundation chief executive Phil Usher says superannuation is inadequate for meeting the needs of all Indigenous Australians, adding that change is needed to ensure better future outcomes. Going into detail, Usher said the system's architecture ...

ASX-listed firms partner for financial education

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... costs and compliance have taken this option away from many people." According to ASIC estimates, some 33% of young Australians listen to finfluencers for financial advice. "We need new ways of educating Australians to improve their financial literacy ...

AustralianSuper bungle underpays some Choice members

KARREN VERGARA  |  THURSDAY, 10 AUG 2023
A calculation error has forced AustralianSuper to remediate some of its members invested in its Australian Shares option about $2 million. The "credit rating error" affected members who are invested in the Australian Shares option only. "Between 2 June ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the ...