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Showing 181 - 190 of 2469 results for "Budget"

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... spent a whopping amount on external financial advisers. Seventeen out of the top 20 super funds that had a massive advice budget were retail funds. AMP's Wealth Personal Superannuation and Pension Fund spent $294.5 million on external financial planning ...

Cbus rolls out Advice Essentials Plus

KARREN VERGARA  |  MONDAY, 28 OCT 2024
... super, but also on spending in retirement. "For things they want to do, like a holiday or a home renovation. Or how they budget for the retirement phase, understanding when they can be spending more or less," she said. Advice Essentials Plus charges ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... 32.4%, and has done so in the last three years. As Australia beefs up its war chest, pledging $55.7 billion in the 2024-25 Budget, a sum that is projected to grow to $100 billion in 10 years' time, it is beset by tensions in the Middle East nearing ...

Harvard endowment delivers 9.6% return, hits $53.2bn

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
Harvard University's endowment has delivered a 9.6% return for the fiscal year ending September 30, bringing its total value to $53.2 billion. The endowment, which targets an 8% annual return, has achieved an annual return of 9.3% over the seven years ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
MLC senior economist Bob Cunneen has said the US budget deficit is expected to soar over the next 10 years no matter who wins the upcoming US presidential election. Cunneen said the US people will once again "be making profound choices" come November ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
Netwealth has reported a record quarterly increase in funds under administration (FUA) of $7.4 billion bringing total FUA to $95.4 billion thanks to new inflows and positive market movements. Total funds under management (FUM) also rose an impressive ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The final budget outcome for 2023/24 came in as a surplus of $15.8 billion - or 0.6% of GDP - for the underlying cash balance - an improvement of $6.5 billion on the previous estimates. The better-than-expected outcome was driven mainly by the payments ...

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

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... to assess their spending needs in retirement. This could be done by prompting people to use their own data to compile a budget of what their spending may be, with guidance and examples to give a sense of how much other retirees spend," the report said. ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... 'leakages' would broaden the income tax base and, over time, reduce our reliance on bracket creep to do the heavy lifting on budget repair," Grattan said. "Cutting back on poorly justified tax expenditures would help to close the government's structural ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
In August, Finder's Consumer Sentiment Tracker recorded the highest level of mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million ...