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Showing 121 - 130 of 1430 results for "The Age"

ASIC makes key appointments to executive team

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The Australian Securities and Investments Commission (ASIC) has made two appointments to its senior executive leadership team. Following an international search, ASIC chair Joe Longo announced the appointment of Peter Soros as executive director regulation ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... universal superannuation system, where super was the preserve of men and older single women were expected to survive on the Age Pension alone." Kowalczyk added there was a concern the proposal could enable economic abuse of women by their former partners ...

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
An overhaul of the wholesale investor test thresholds is on ice but potential major changes are still on the agenda, a parliamentary hearing confirmed this morning. Sitting on the committee, senator Paul Scarr said while there has been public debate ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... and spending. Instead, homeownership was also considered when determining which asset limit to apply when calculating the Age Pension. "The treatment of mortgages in the calculators was also disappointing," the research said. In 2021, 22.8% of people ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... National Seniors Australia chief executive Chris Grice said. The research also found that most Australians over 50 believe the Age Pension will not be enough to fund retirement, even for homeowners. Of the 4700 Australians surveyed, nine in 10 said the ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... biggest cohort of SMSF members, increasing 1.2% in FY24 and 4.35% across the past five years. Class said this is a result of the age group creating their funds at a young age and maintaining them into their retirement. Further, ATO data shows around ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Most Australians anticipate they will fund only 12% of their retirement income with the Age Pension, but the reality is retirees currently need nearly double that amount, a new study from Investment Trends finds. A survey of more than 5600 participants ...

The transferrable skills for advisers who changed careers

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... lives, it's very hard to advise our clients to do the same thing," he said. Carmichael joined the police force at the age of 19, serving in Melbourne and regional Victoria. His interest in investing and wanting to help other people with their financial ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...