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

Search Results

Showing 1241 - 1250 of 6006 results for "Age"

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... Australian Tax Office reports women's median superannuation account balances are 20.5% less than those of men at retirement age. The Association of Super Funds of Australia (ASFA) says the gap is larger, with their numbers indicating women retire with ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... based on what actual retirees are spending in retirement and give people an idea of what they can confidently spend until age 90." O'Halloran said in the research so far it has become apparent that many people have "grossly inflated" ideas of how much ...

EQT buys Stockland Retirement Living for $987m

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
... operate high-quality retirement villages. "With an aging Australian population and increased focus on enabling Australians to age in place, we are excited to have the opportunity to use our significant global experience in the aged care sector to enhance ...

Cbus names deputy chair

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The $68 billion industry super fund has appointed a new deputy chair. Master Builders Australia chief executive Denita Wawn has been named in the role, replacing Dave Noonan who stepped down earlier this year. Wawn has been on the board of Cbus since ...

Online investor numbers continue to climb: Investment Trends

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
An in-depth study of the attitudes and preferences of online equities and ETF investors in Australia reveals that the number of online investors significantly increased in the second half of 2021, albeit at a slower pace than the year prior. Investment ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... having lifecycle strategies in their MySuper options, driven by a belief that risk profile should be adjusted with member age. With new scale, Patrick expects ART will be able to have more influence over private market deals. "On face value, you can ...

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
... relationship for low-income families, it means many women are potentially losing their only income in retirement beyond the Age Pension." Commenting on the initiative, AIST chief executive Eva Scheerlinck said: "Simplifying the process of splitting superannuation ...

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
... 2019/20, the average assets per fund in the year of establishment grew by 5% to $391,000. In terms of demographics, the median age of those who established an SMSF in the 2019/20 financial year was 46. The overall median age of SMSF members is 61, the ...

Clients want more communication from advisers: Research

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
Clients want to hear better communication from financial advisers and more regularly, new research of independent financial advisers reveals. The analysis of 230 IFAs by Business Health in its annual Future Ready report found that only 27% of advice ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
The prudential regulator wants to begin publishing data on all superannuation products and investment options, commencing a new consultation today. Last year APRA undertook phase one of its data transformation which saw super trustees required to provide ...