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Showing 1321 - 1330 of 7197 results for "Retirement"

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... regulator's changes seek to align expenditure requirements more closely with the best financial interest duty and for the retirement phase, support the retirement income covenant. The reforms will mandate trustees to justify business-related expenditures. ...

Australian Retirement Trust deputy CIO to go

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
Just weeks after announcing its chief executive is set to depart, Australian Retirement Trust's deputy chief investment officer is now following suit. The $260 billion super fund has confirmed Charles Woodhouse is leaving the fund for another role. ...

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... interests of members throughout their lives, while earning superannuation at work and benefitting from it in their retirement." While it marks the end of AIST, ISA will remain for branding purposes, however its advocacy staff will transfer to the new ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... Electrical Services Group acquired 100% of Savant Energy Power Networks to deliver renewable energy solutions to apartments, retirement villages, shopping centres, and office buildings. Last month, PATRIZIA acquired Chepstowe and Maroona wind farms based ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... Australians are pension-phase illiterate and blame the complex superannuation system for not understanding the basics about retirement, a new survey shows. A whopping 70% of 50-year-olds and over canvassed by AMP do not understand what an account-based ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... their working hours to look after children or elderly parents, thereby affecting their superannuation contributions and retirement income. "This also seems to extend to their investing activity which has the potential to further exacerbate the gap, so ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... key advice areas among HNWIs - including inheritance and estate planning, strategies to reduce tax, portfolio review, retirement planning and intergenerational advice - but challenges and opportunities remain for advisers, and others in the financial ...

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
... me most, my family and children." Musicco was named chief investment officer at the California Public Employees' Retirement System (CalPERS) in February 2022, overseeing about 400 staff. She was only the second woman to have been appointed to the ...

Rest hires former EISS Super risk chief

ELIZABETH FRY  |  FRIDAY, 15 SEP 2023
... is a key enabler for Rest to achieve its strategic goals and ultimately help our members achieve their best possible retirement outcomes," Kyle said. "Stephanie brings a wealth of experience and expertise in the risk, audit, compliance and finance spaces. ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... living has further undermined long-term planning and financial goal setting of older Australians," Challenger head of retirement income research Aaron Minney.