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Showing 121 - 130 of 271 results for "Aspiration"

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
Association of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today. Fahy took to the stage to call on the government ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... around a quarter of couples planning on spending over $100,000 per annum in retirement," McBirnie said. "Based on this aspiration, we estimate couples will need around $2 million in savings at the point of retirement. The good news is that 40% of 65-year-old ...

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... the foundation so far? JC: I prefer not to answer that. The easiest way to describe it is in the manner of hope and aspiration. We have an aspiration that it will be many hundreds of millions of dollars and will be a significant operator in the philanthropic ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

Zurich chief to depart, successor named

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
Zurich announced a new chief executive for its life and investments business as Tim Bailey exits for a new role. TAL Life chief operating officer Justin Delaney will join Zurich from December this year. Prior to that, Delaney held a series of senior ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
Peak superannuation bodies have forcefully rebuked the Grattan Institute's recent claim that middle-income workers would be worse off if the Superannuation Guarantee rose to 12%. Industry Super Australia and the Association of Superannuation Funds of ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
The financial services industry has welcomed the surprise Coalition victory, viewing the result as business as usual. In a shock result to many, the Coalition defeated Bill Shorten's Labor Party in the Federal election over the weekend. In response ...

Lonsec to acquire in-house managed account offerings

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
Lonsec is looking to help financial advisers transition away from conflicted advice models by acquiring their in-house managed portfolios. Lonsec is offering to purchase in-house managed portfolio solutions from advice licensees, allowing advisers to ...

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... other super funds who want to preserve their branding instead of [the brand] being hoovered up by a large fund." "Our aspiration is to get to $40 billion to $50 billion by 2025," Fairley said. About $40 billion is enough to be able to bring a part of ...

Investment manager appoints global chief

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
A global real estate investment manager has appointed a new chief executive. Savills Investment Management named Alex Jeffrey as its new chief executive, as the firm embarks on the next stage of its global growth. Set to join the firm later this year ...