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Showing 1391 - 1400 of 9375 results for "Income"

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... "Putting more into super generally isn't a realistic solution for renters either, as overwhelmingly they lack the spare income to contribute more and experience higher levels of financial stress throughout their working lives." SCA director Xavier ...

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... to the group's products, which "do what they're meant to do and are suited to the market." "We produce a lot of income products for what is an aging population of retirees and in the volatile equity market that's really resonating with our ...

Australian Ethical hits $9.2bn, focus turns to back-office

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... to capture future growth opportunities, whilst also delivering further operating leverage as we target a lower cost to income ratio, and look ahead to solid profit growth in FY24," he said. "A key focus during FY24 and FY25 will be continuing to build ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... earlier this month, Rest estimated that about 260,000 of its members will benefit from the recent removal of the $450 monthly income threshold for Superannuation Guarantee (SG) contributions, effective July 2022. Most of the members benefiting from the ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
Treasury is expected to launch consultation focused on retirement spending and income configurations, to address concerns regarding the role of super funds in helping members transition to retirement. It follows the release of the 2023 Intergenerational ...

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... several operational challenges, Mowat said. This included educating banks and their risk teams on underwriting the rental income, as well as finding service providers that understood the market. "There's also just not the data collection that works in ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... agreement with Munich Re. The deal saw Munich Re reinsure half of AMP Life's retail portfolio's $750 million of annual premium income. Building on the initial agreement with Munich Re, AMP extended its collaboration to cover 60% of the AMP Life retail ...

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ...

JPMAM launches two active ETFs

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... Asset Management has unveiled two active exchange-traded funds (ETF) that will be available on Cboe Australia. JPMorgan Income Active ETF (JPIE) is an active fixed income strategy aiming to generate consistent income with lower volatility and is now ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... respectively. The loss was attributed to Barrenjoey largely completing the build out of its business lines, namely fixed income derivatives, equity financing, and private capital. "Barrenjoey continued its focus on growing market share and diversifying ...