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

Search Results

Showing 121 - 130 of 1517 results for "Save"

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... ensuring the 'client story' remains viable and consistent throughout the entire advice process. This capability can save advisers significant time in verifying and correcting client data. "Within investment management, AI can be used for portfolio ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... future living expenses. "With rising costs in all aspects of our lives, many Australians are already thinking they'll need to save more to afford a comfortable retirement," Shrimski said. The survey also found that Australians are increasingly worried ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
Innova Asset Management has entered the super and housing debate, saying allowing the use of leverage in superannuation it could help younger Australians who are locked out of the property market build wealth. Innova said millennials are firmly locked ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... important in the digital financial age. "Disruptions to financial services can have a major impact on people who rely on them to save, spend, recover from financial loss or support themselves in retirement," he said. "CPS 230 is designed to ensure entities ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Pengana Capital Group has introduced an online term account solution underpinned by a diversified portfolio of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... contributions in 2020-21. Removing the tax concession for both super contributions and earnings from the top 10% of earners would save more than $12 billion every year, the research suggested.

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... Bullock outlined there are three monetary policy channels and the channel that most effects over-65s is the incentive to save when rates are higher, which largely impacts people who don't have debts. "In general terms, government policies can impact ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... $32,915. Crucially, both budgets assume retirees own their homes outright and are in relatively good health. Couples need to save $690,000 by age 67 to enjoy a comfortable retirement, while singles need $595,000. A modest retirement requires both couples ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... numerous upheavals in recent years under Bird's remit. Early this year, Bird announced he will cut 10% of the workforce to save $290 million (£150m) by the end of 2025. Last year, abrdn overhauled its local business, terminating five funds in a ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... compared to what the models suggested, based on household disposable income forecasts. "Currently households are choosing to save, rather than spend, with the opportunity cost of not saving currently elevated due to high interest rates," Allen said. ...