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Showing 1621 - 1630 of 9377 results for "Income"

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... highlighting their importance to investors all round the world," said Janus Henderson client portfolio manager for global equity income Jane Shoemake. "Global dividends have completely caught up after the pandemic, with payouts back to their historic ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... savings generated through this measure to address some of the other inequities in the system, such as increasing the low-income superannuation tax offset (LISTO) ceiling to $45,000 a year to ensure low-income workers are not paying more tax on their ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... favoured by asset managers as more than half (53%) of savings is invested in this asset class. This is followed by fixed income and cash, which account for 19% and 9.5% of asset allocations respectively. Contributions reached $154.4 billion over the ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... latest Tax Expenditures and Insight Statement, superannuation tax breaks, valued at $50 billion a year, mostly go to high income earners. The cost of these concessions is projected to exceed the cost of the Age Pension by 2050. Further, over 55% of the ...

What "wealthy" means to Australians: AMP

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... managed investments. "We've traded off that [homeownership] in order to get superannuation or to provide other sources of income and wealth," Salt said. Also, according to the Australian Bureau of Statistics, life expectancy in Australia has increased ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... literacy concepts: earning, spending, saving, borrowing, and protecting, MetLife said. Pointing to statistics from Household, Income and Labour Dynamics in Australia (HILDA), more than 8.5 million people or 45% of Australians could be classified as financially ...

HUB24 tops platform rankings

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... introduced new integrations with third-party ESG ratings and said this was a key growth area. The report also said retirement income has been at the centre of a range of initiatives by many platforms. "This has translated into a material step up in the ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... objective. It also formed strategic alliances with Marcus Today and Torica Capital. Clime attributed a 27% increase in its gross income ($8.8 million) over the prior corresponding period (pcp) to the MTIS takeover. It also signaled further acquisitions ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... million. Underlying net profit after tax jumped 46% to $19.4 million. The last six months saw gross life insurance premium income increase by 8% and new business rise by 9%. "Off the back of material industry and regulatory changes, the life insurance ...