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Showing 1271 - 1280 of 6133 results for "Australians"

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... underpayment," budget documents said. This change is forecast to improve retirement outcomes for around 8.9 million Australians, including for young and low-income workers who are most likely to have unpaid super. It will also increase tax revenue by ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... Authority will also ensure workers are supported as they transition to new opportunities and support First Nations Australians to meaningfully participate," Chalmers added. This year's federal budget also highlighted the gravity of investment scams ...

Work, retirement redefined: Vanguard study

CHLOE WALKER  |  MONDAY, 8 MAY 2023
According to Vanguard's inaugural How Australia Retires report, many working-age Australians are not only changing their expectations of life before retirement, but also reshaping expectations of what retirement means to them. Vanguard's survey of more ...

BlackRock to list low-cost property and infrastructure ETFs

CHLOE WALKER  |  MONDAY, 8 MAY 2023
... and granular ETF exposures which may be appropriate in the current investment environment. "BlackRock believes more Australians would benefit from access to financial advice, and today's move by iShares further reduces the input cost in investing ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
AustralianSuper's head of allocation and research is the latest executive to relocate to the asset owner's burgeoning London office. After eight years working at the $250 billion super fund, Carl Astorri has been appointed head of investments ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... boomer generation reaches retirement age, with over half having reached 65 by 2020, APRA predicts that 3.6 million Australians will retire in 10 years from 2021. These retirees will face challenges such as investment risk, inflation, and longevity. To ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
Industry funds have solidified their dominance with a remarkable increase in market share, largely at the expense of public sector funds, according to a KPMG report. The KPMG report revealed a "massive" market share increase for industry funds, growing ...

Superhero to launch adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 3 MAY 2023
... 16,000 financial advisers," said Winters. He added that financial advice has become increasingly inaccessible for many Australians in recent years. "Ultimately we want to create a platform that can help advisers deliver more seamless, affordable and ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility of further rate hikes throughout the year. AMP chief economist Shane Oliver said: "Inflation ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... super to be paid at the same time as wages. ISA said moving super payments to align with wages could give millions of Australians $50,000 more at retirement and drastically curb Australia's "unpaid super scourge" which has cost workers $33 billion ...