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Showing 1311 - 1320 of 4056 results for "LIT"

Pre-retirees lack confidence about retirement: Qantas Super

KANIKA SOOD  |  THURSDAY, 15 MAR 2018
Six-in-ten (63%) Australians do not have the confidence to retire comfortably, with women comprising a large cohort that feel discouraged about preparing for retirement, Qantas Super's inaugural CSBA Retirement Confidence Index (RCI) shows. Based on ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...

Client longevity the largest advice disruptor

DARREN SNYDER  |  TUESDAY, 13 MAR 2018
Financial advisers must understand their respective practices will face increased pressure and industry disruption if they fail to properly account for the fundamentals of client longevity. This is the view of Russell Investments managing director of ...

FinTech Australia appoints interim chief executive

DARREN SNYDER  |  MONDAY, 12 MAR 2018
The association representing Australia's burgeoning fintech industry is searching for a new leader following the resignation of its chief executive on Friday. As the search begins to replace Danielle Szetho, FinTech Australia has appointed Sarah Worboys ...

Acorns launches its own super product

ALEX BURKE  |  MONDAY, 5 MAR 2018
The Australian arm of micro-investment savings app Acorns is entering the superannuation sector with the launch of its own super product. Acorns Grow Australia Super is expected to roll out to Acorns Australia's 400,000 users in March. It will be fully ...

Government renews calls for financial literacy support

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
The Federal Government is calling on its state and territory counterparts to support the expansion of its national financial literacy program in schools. The Government has invited state and territory governments to participate in a new agreement that ...

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
The Association of Superannuation Funds of Australia (ASFA) has slammed the Grattan Institute's key proposals to close the persistent gender gap in superannuation. Grattan Institute fellow Brendan Coates authored a white-paper that said superannuation ...

Advisers cautious over fixed income allocations

DARREN SNYDER  |  THURSDAY, 22 FEB 2018
The $600 billion sitting in Australian term deposits tells a story that financial advisers and investors still treasure cash and there's apprehension to move money into once defensive fixed income assets. J.P. Morgan global market strategist for Australia ...

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
It's certainly welcomed but nothing to write home about. I speak about the Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report that revealed growth in total wages accelerated to 2.1% in the December quarter from 2% in the previous quarter. ...

NAB redundancies in full swing

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
The Finance Sector Union of Australia believes NAB is not doing enough to retrain or reskill the 6000 employees that will be made redundant over the next three years. Finance Sector Union of Australia (FSU) national secretary Julia Angrisano said many ...