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Showing 1371 - 1380 of 7197 results for "Retirement"

TelstraSuper enhances lifecycle arrangement, introduces new option

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... members will transition from the fund's conservative option at 70 rather than 65. The aim is to improve members' retirement outcomes, potentially contributing additional funds to the average member's balance by the time they turn 70, the ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
Aware Super is now sole owner of Oak Tree Group, positioning itself as a significant owner of retirement living assets in Australia while also increasing its global presence in the living sector to $5 billion. Back in 2017, the fund's initial commitment ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... could work together to transform the way financial education and advice is delivered to help members achieve better retirement outcomes." The efforts will combine IFS's member education and financial advice capabilities with BCG X's experience in developing ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... Industry Super Australia found that a 30-year-old woman earning $40,000 a year would be up to $56,170 better off at retirement if the LISTO cap went up to $640 and aligned the threshold with the $45,000 income tax bracket. Over a million workers earn ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... in the 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail market jumped 53% to $3.6 billion in FY23, split across retail ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... portfolios] form an important part of North's overall value proposition which is focused on investment choice and quality, retirement solutions, functionality, low fees and service."

BT names platform strategy lead

CHLOE WALKER  |  MONDAY, 14 AUG 2023
... reporting to BT chief strategy and product officer Kathy Vincent, until she departs for her new role as Australian Retirement Trust's chief retirement officer. According to BT, Brinckley was instrumental in the development of BT Panorama and the foundation ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... corporate trustee services, will instead serve as deputy executive general manager, fund services as he transitions to retirement. He has been in the industry for five decades, close to two of which have been with EQT. "Russell has played a critical ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... system's architecture is simply not conducive to positive outcomes for First Nations people, noting preservation or retirement age is typically 60 or 65. "Life expectancy for an Aboriginal male is 71, so immediately it's a bit of a difficult ...