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Showing 1191 - 1200 of 6133 results for "Australians"

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
... employers," Casey said. "I'm excited to be joining one of Australia's oldest superannuation funds, equipping Australians for retirement for more than 90 years. It's a pivotal time to be part of Equipsuper as we look to build on the work of ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
Within the decade, retirees will own more than half of all superannuation funds under management (FUM), Rainmaker Information forecasts. Last year, super fund members aged 65 or older owned 40% of Australia's $3.3 trillion in superannuation assets. ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... is unmatched," he said. "His generosity and ability to explain the economy in clear and simple terms has meant that Australians from all walks of life have benefited from his considerable knowledge and insight. King added he is pleased to keep Evans ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
The super fund delivered 10.7% to members sitting in its default MySuper Lifecycle option, with investment chief Damian Graham saying a pivot away from certain unlisted asset sectors proved the right call. Aware's default MySuper option is a lifecycle ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... $500 billion in the next four to five years. AustralianSuper is currently receiving a daily influx of around 1200 Australians, amassing an annual net inflow of members' retirement savings exceeding $20 billion in the past year.

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... award wage decision only impacted 20 to 25% of the workforce there is a big signaling effect," she said. With some Australians up for 7% wage increases, others demanded the same and that was reflected somewhat in the figures. While not everyone will ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
The recent surge in equities should see MySuper products return an average of about 9% for FY23, according to Rainmaker Information - a finding supported by those funds that already released figures. Modelling by Rainmaker shows superannuation returns ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... cripple the economy? "This is where market economists just don't live in the real world." Conroy remarked that Australians have taken a huge pay cut. "When wages go here and inflation goes here, that's when Australians take a wage cut and [RBA ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... J.P. Morgan and as a director of Household Capital, a financial services firm providing longevity income to senior Australians. Marsh McLennan Pacific chief executive David Bryant noted that as the firm continues to progress its strategic growth agenda ...