Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 202 results for "Aussies"

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... market returns, falling property prices and low interest rates obstruct their wealth. Recent research by Roy Morgan found Aussies would retire with an average gross wealth (total assets excluding owner-occupied homes) of $331,000 - 40% higher than 2008 ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
... supported by survey respondents. The FSC said support began to drop significantly as the amount increased. Overall, 63% of Aussies are prepared to take a genetic test to determine their likelihood of getting a serious disease in the future, but only ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Australians are retiring with more than enough, according to new research from Grattan Institute but ISA and ASFA don't agree. Grattan Institute modelling found that most workers can expect retirement income of at least 91% of their pre-retirement ...

Mercer, Kogan to launch super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
... super services. "This partnership will deliver a no frills superannuation offering with ultra-low fees that will enable Aussies to retain and preserve more of their personal wealth," he said. "Albert Einstein once said that 'compound interest is ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
RBA started to support immediate payments for Aussies around the clock, this year. RBA's head of payments settlements department Greg Johnston spoke at SIBOS about what the central bank would like to see in payments next. In February, RBA launched ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Australian millennials are aiming to retire comfortably at 50 with $5 million in their nest egg, a new survey shows. Trading platform Stake surveyed 506 Australians and those aged between 18 and 34 said investing in US stocks will help make their goals ...

Aussies second-most optimistic about retirement: SSGA

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
Australians are the second-most optimistic about retirement, according to new SSGA research that compared retirement satisfaction levels across eight countries. SSGA's Global Retirement Reality Report polled 9400 people across Australia, US, UK ...

Aged care RC will spook Aussies into advice

HARRISON WORLEY  |  THURSDAY, 11 OCT 2018
Delegates today heard the impending Royal Commission into aged care could serve as a catalyst for more Australians to access financial advice. While presenting a focus session on the new age of aged care, Challenger technical services manager Sean Howard ...

Half of Australians don't have a will

KANIKA SOOD  |  THURSDAY, 4 OCT 2018
... Queenslanders are the most likely to have one (47% don't have wills). Finder personal finance expert Kate Browne said Aussies need to act even if they don't have a large estate. "Most people don't like to think about their death and fewer still enjoy ...

Glut of underperformance in managed funds: Research

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
... years. They found about 78% of these funds underperformed their respective benchmarks. The lacklustre performance means Aussies are losing $414 billion of their everyday hard-earned cash by being invested in them, InvestSMART said. The average underperformance ...