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Showing 101 - 110 of 6036 results for "Age"

UniSuper halves admin fees for 42,000 members

RIDDHIMA TALWANI  |  TUESDAY, 21 APR 2026
... lump-sum withdrawals. UniSuper said this can be a good option for members who have turned 65 or have reached their preservation age and have retired from work. "We are incredibly proud of our retirement offer to our members - outstanding investments ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
Challenger saw $11.7 billion leave its funds management business in the third quarter, of which $3.4 billion came from negative market movements driven by the Middle East conflict. The lion's share of $8 billion were net outflows while the balance of ...

Future Fund defends itself over staff exits

ELIZA BAVIN  |  MONDAY, 20 APR 2026
Australia's sovereign wealth fund has released a statement after reports alleging chief executive Raphael Arndt's leadership style may be forcing staff out the door. A report in the Australian Financial Review suggested some employees have described ...

Baby boomers look to switch benefactors' advisers: Natixis

RIDDHIMA TALWANI  |  MONDAY, 20 APR 2026
Two-thirds of Australians don't plan to retain their parents' or spouse's financial adviser after they receive an inheritance. According to Natixis Investment Managers' (Natixis IM) Great Wealth Transfer report, baby boomers, Australians aged between ...

Brookfield sells minority La Trobe stake for $3bn

ELIZA BAVIN  |  FRIDAY, 17 APR 2026
Brookfield's private equity business has sold its significant minority stake in La Trobe Financial to Asia-focused private equity investment manager Axight for $3 billion. Brookfield owned La Trobe Financial since May 2022 and will remain the majority ...

Actuaries Institute proposes pre-set pension for retirees

RIDDHIMA TALWANI  |  THURSDAY, 16 APR 2026
... remaining in the accumulation phase be automatically transferred to pension phase at 75, when an income would commence. Knox said age 75 is chosen as members can no longer make voluntary contributions to super from that age. To support this transition ...

Advice book valuations stagnate despite demand

MATTHEW WAI  |  WEDNESDAY, 15 APR 2026
... or those charging SMSF administration fees. The highest multiples are attached to risk books with clients under 55 years of age, at up to 3.2x, while the lowest is for those under 61 years old at 1.8x at most. Meanwhile, the report also indicated a shift ...

Digital advice spurring demand for full personal advice: Report

KARREN VERGARA  |  WEDNESDAY, 15 APR 2026
New research from the Financial Services Council (FSC) reveals digital advice is activating the demand for full personal advice and presents the opportunity for the industry to finally provide regulated digital advice at scale. The role and value of ...

SMC calls for guaranteed super for domestic workers

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2026
... more than $130,000 extra in super, increasing retirement income by around $4500 a year, while also reducing reliance on the Age Pension. SMC has previously advocated for this same law to be scrapped in relation to under-18s, who are also excluded if ...

Future Fund targets $15m in savings, reviews staffing

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
Future Fund will cut costs by $10 to $15 million in FY27, in a bid to ensure costs and staffing levels remain appropriate for the years ahead. It expects further savings in subsequent years. Australia's sovereign wealth fund said it will achieve ...