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Showing 1311 - 1320 of 4513 results for "Saving"

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
The prudential regulator has confirmed it will be monitoring the return of deposits by Xinja Bank as it ceases to operate as an authorised deposit-taking institution (ADI). Xinja made the decision to withdraw its transaction and savings account products ...

Integrity Life partners for group insurance

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
Integrity Life has announced a new partnership with the aim of bringing new levels of flexibility to pooled group insurance arrangements. Integrity Life and Insurope have partnered to bring a multinational pooling offering to the Australian group insurance ...

Chief economist update: East and west at crossroads

BENJAMIN ONG  |  TUESDAY, 15 DEC 2020
... full-on fistfight. The opposite holds true for most Asian societies, and most especially in China, where the concept of "saving face" is held as one of the highest regards. Causing one to lose face brings them and their family down in the eyes of the ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... has sparked more positive financial habits with a 6% increase in the number of workers establishing a financial plan and saving an additional 5% for a rainy day. Following the second lockdown in Melbourne 35% of workers created new financial goals, up ...

Household capital a retirement solution: Research

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
The potential fourth pillar of retirement income, accessing household capital, could be the solution to a comfortable retirement, new research shows. The latest research from Heartland Seniors Finance conducted by RMIT University found 90% of senior ...

Superhero to launch super fund

KARREN VERGARA  |  MONDAY, 14 DEC 2020
Online trading platform Superhero will go after the $2.9 trillion superannuation market, launching an APRA-regulated fund in early 2021. While the super fund is open to everyone, it is eyeing members with an average age of 30 with a minimum of $10,000. ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
Industry Super Australia (ISA) has significantly ramped up its campaign against the Morrison government's Your Future, Your Super reforms package saying it will only serve to help dud funds. ISA said the reforms package will benefit the big banks and ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
A quarter of the participants in a new survey said their HECS-HELP debt was standing in their way to start investing outside of superannuation. Futurity Investment Group surveyed 1000 Australians who went to university and found university debt impacted ...

Amazon Web Services expands Australian operations

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Amazon Web Services (AWS) will open a second infrastructure region in Australia next year, assisting the financial services industry to run applications and serve end users from data centres around the country. The AWS Asia Pacific (Melbourne) Region ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
Team Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of ...