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Showing 1281 - 1290 of 6006 results for "Age"

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they ...

Prime Minister announces reverse mortgage scheme

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
Prime Minister Scott Morrison has confirmed a reverse mortgage scheme for pensioners. During a radio interview with Spencer Howson, Morrison said the mid-year budget will include a cash access scheme for pensioners. "We've had a pension loan scheme ...

FIRB reappoints Irvine as chair

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
The Morrison government has reappointed David Irvine as the chair of the Foreign Investment Review Board (FIRB) for a further two-year period. The former ambassador to China and high commissioner to Papua New Guinea was first appointed to the FIRB as ...

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
Australians are less optimistic about retiring at their desired age compared to their global counterparts, a new study shows. The latest Global Defined Contribution Participant Survey by MFS Investment Management of 4000 respondents found that only ...

AIOFP blasts 'elitist' young advisers

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
The Association of Independently Owned Financial Professionals (AIOFP) has criticised 'elitist young financial advisers' for opposing Labor's suggestion older financial advisers shouldn't have to complete a university degree. Last week at the AIOFP's ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
Labor promises it will dump educational requirements for financial advisers with over a decade's experience if it comes to power. Shadow minister for financial services Stephen Jones said such advisers with a clean record will not be required to ...

Pensioners could solve skills shortage

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
Increasing the number of work hours without affecting Australians' Age Pension could be the solution to the current skills shortage crisis. This is according to the Australian Chamber of Commerce and Industry, which is calling on the federal government ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... released Wealth transfers and their economic effects report suggests. Only 2% of this wealth went to charity. The average age of the recipient was 50 years old, inheriting about $125,000 (the median being lower at $45,000). "In contrast, the average ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
While Australians believe they are well prepared for retirement, many are worried about the political risks they face once they are retired, research suggests. Illness remains the biggest worry Aussies face in their later years, but regulatory changes ...

KKR appoints APAC growth equity lead

JAMIE WILLIAMSON  |  FRIDAY, 3 DEC 2021
KKR has appointed a head of growth equity in Asia Pacific, a newly created role aimed at accelerating the private equity firm's investment in the region. KKR has hired Mukul Chawla to the role, effective December 9 and based in Asia. Chawla will join ...