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Showing 1541 - 1550 of 6134 results for "Australians"

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... manner that was at odds with delivering strong member outcomes. Fahy concluded: "If left unchecked this would result in Australians having less in retirement. We are pleased that the new government has acted quickly and will review the test so that it ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
... economy and the higher inflation means that this extraordinary support is no longer needed." Consequently, Lowe warned Australians to expect the board to take further steps to normalise monetary conditions in Australia over the months ahead. UBS chief ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... return, coming in at -5.70% for the year. This was followed by its high growth option on -3.93%. He also added that Australians should be prepared for poor investment performance to continue. "After more than 10 years of economic growth our outlook suggests ...

Top super funds for ESG revealed

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
New analysis by Rainmaker Information has identified 32 superannuation funds as leaders on ESG principles and strong investment performance. These 32 funds have received Rainmaker's inaugural ESG Leader Rating. In all, Rainmaker Information has ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... superannuation balance (TSB) of less than $1.7 million. The abolishment presents "significant opportunities" for older Australians who were previously restricted and unable to make larger super contributions. Further, the eligibility age for downsizer ...

CareSuper grows leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUN 2022
The $20 billion industry fund has welcomed former TelstraSuper executive Jean-Luc Ambrosi to the newly created role of chief experience officer and appointed Christine Nguyen as chief risk officer. Ambrosi is a new addition to the CareSuper team, having ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... poor level of uptake by consumers with a fee-only model will lead to substantially low levels of life insurance for Australians. AMP proposed the caps be raised to 80% upfront and 20% ongoing to "more appropriately reward" financial advisers. AMP director ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... regulators have made to the review's progress to date," Jones said. "The government is committed to ensuring that Australians have access to high quality and affordable financial advice." The Quality of Advice Review received 130 submissions from industry ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... spokesperson for the group said. "CALI will also look to foster and strengthen the knowledge and understanding of Australians on the value of life insurance and the importance of the benefits and protections it provides." To date, much of the advocacy ...

Sue Brake to leave Future Fund

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... will enable the Future Fund to continue its critical mission of investing for the benefit of future generations of Australians." "It has been a privilege to contribute to the success of the Future Fund and to work with such a talented team of investment ...