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Showing 181 - 190 of 5663 results for "Money"

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... Council (FSC) policy briefing on Thursday, Hillier said the predominant fear for retirees is the risk of running out of money. Addressing this fear is crucial for shifting the emphasis from accumulating a retirement "nest egg" to drawing down on capital. ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... date, Hostplus has contributed a total of $310 million to the IP Group Hostplus Innovation Fund. IP Group said the extra money will bolster investment in companies specialising in areas including clean energy, the decarbonisation of transportation and ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... retirement balance sits at $200,000. "When the time comes to retire, there are huge decisions to be made about how to manage that money and get the most out of it. Australians expect that their super fund will be ready to help them navigate it," he said. ...

HNW wealth transfer still on the to-do list

CHLOE WALKER  |  SATURDAY, 15 JUL 2023
... this opportunity, however, LGT Crestone said financial advisers will need to combat HNWI's concerns over the misuse of money and tax implications. "While it is only 10% who report feeling "very worried" about wealth transfer, their top concern is ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... industry, Watson said a focus on customer and member outcomes is paramount but needs to be provided so that life companies make money over the medium/long term to reinvest in their business. "There are opportunities for the industry to become more efficient ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... location. The FSU said CBA employees had complained to the union that returning to the office would force them to spend more money on things like commuting and childcare while also impacting their productivity due to the hours lost travelling to and ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... According to Rainmaker's Benchmarking research note, an interesting trend has emerged among institutional investors pulling money out of active fund managers that were subject to structural changes since the Banking Royal Commission. Some of the ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... upon takeover in March. SVB Financial Group said an inability to access the funds has impacted its reorganisation as the money should be generating more than $100 million in annual interest, Reuters reported. In March, the parent company commenced a ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... across all superannuation, $4 trillion is likely to be owned by retirees. "These figures have huge implications for how this money is invested," Rainmaker warned. Reflecting fund consolidation, the 10 biggest super funds already control half of all the ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... and asset managers over the next one to two years. "Outperforming the market, and even outperforming low-risk deposits and money market funds, will be challenging in this exacting, post-Covid environment," the report said.