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Showing 201 - 210 of 1313 results for "Population"

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... 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 client base," he says. "For example ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... income system is expected to remain relatively steady over the next 40 years, at around 4.0 to 4.5% of GDP, despite population ageing, the report said. Treasury further projected drawdowns from superannuation will likely increase over time from around ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... United Kingdom, The Netherlands, and Spain. Aware Super said, considering robust demographic trends like the aging population and the growth of middle-class wealth, the sector continues to hold significant value. "We believe Oak Tree Group is an exciting ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
Challenger Life reaped the benefits of regulatory reforms in the 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... Capital has pioneered innovative, scalable debt funding to meet the retirement funding and housing needs of an ageing population." In a statement, Household Capital noted demographers have indicated that more than five million baby boomers face the prospect ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
In the latest episode of the Financial Standard podcast, First Nations Foundation chief executive Phil Usher says superannuation is inadequate for meeting the needs of all Indigenous Australians, adding that change is needed to ensure better future ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... forces with Australian Ethical Super, and Lutheran Super's absorption by Mercer. Considering the significant Muslim population in Australia, as highlighted by Australian Bureau of Statistics' figures of close to 800,000 people, there exists a ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... next decade, higher interest rates and the rising debt stock will increase the interest service burden, while an aging population and rising healthcare costs will raise spending on the elderly absent fiscal policy reforms," Fitch said. Of note, the Congressional ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... the largest number of advisers. Assistant treasurer Stephen Jones flagged that he plans to bolster the waning adviser population by looking at all levels of tertiary education so that there is a "logical pathway" to encourage students into the profession. ...