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Showing 121 - 130 of 149 results for "Future Generation"

Raising Preservation Age could be problematic

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
An industry group believes raising the superannuation Preservation Age would see the number of involuntary retirees blow out while a separate group says the idea needs to be flexible in allowing early super access. Following a Productivity Commission ...

Wilson to raise $550m for philanthropic LIC

LAURA MILLAN  |  MONDAY, 29 JUN 2015
... million for a philanthropic listed fund, the largest float for a listed investment company (LIC) in Australia. The Future Generation Global Investment Company Limited (FGG) will have a diversified exposure to a selection of global fund managers and will ...

Future Generation fund adds more big names

MARK SMITH  |  MONDAY, 13 APR 2015
Future Generation Investment Company (FGX) has beefed up its board with the addition of four well-known industry figures. Paradice Asset Management founder David Paradice, Victor Smorgon Group chief financial officer David Leeton, Greenstone Partners' ...

Only a quarter of Australians contributing to reach retirement goals

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
While over half (55.2%) of Australians know how much savings they will need for a comfortable retirement, only a quarter (24.5%) are making additional super contributions to reach this goal, according to a survey commissioned by Club Plus Super. Club ...

Future Generation fund makes $618k for charities

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Future Generation Investment (FGX) will be able to donate $618,000 to charities after six months trading on the Australian Securities Exchange. The philanthropic fund gives investors exposure to 15 funds managed by 14 of Australia's top fund managers ...

Prominent families back Future Generation philanthropic fund

MARK SMITH  |  MONDAY, 15 SEP 2014
... "Twiggy" Forrest and high profile manufacturing dynasty, the Smorgon family, are among the initial investors in the Future Generation Investment Fund, which has officially commenced trading on the ASX. The new philanthropically-focused Listed Investment ...

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Senate has passed legislation that will freeze the superannuation guarantee at 9.5% until 2021, and abolish the Low Income Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals ...

ASIC announces National Financial Literacy Strategy

HARRY PAGE  |  FRIDAY, 1 AUG 2014
The Australian Securities and Investments Commission (ASIC) has released its National Financial Literacy Strategy 2014-2017, which is aimed at helping Australians become more financially secure. Over the past 12 months, ASIC has compiled the key priorities ...

Star managers launch fund-of-funds in support of children's charities

MARK SMITH  |  FRIDAY, 11 JUL 2014
... through a single listed investment company that has no fees and donates 1% of assets to children's charities. The Future Generation Investment Fund (ASX:FGX) combines the skills of star managers Wilson Asset Management's Geoff Wilson, Paradice Investment ...

Family office model attractive to feuding families

MARK SMITH  |  WEDNESDAY, 7 MAY 2014
Balancing the diverse needs and desires of various family members can be made significantly more difficult when large amounts of wealth are involved, research from Deloitte shows. The report, 2014 Private Wealth Outlook Championing Growth, found that ...