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Showing 2321 - 2330 of 6134 results for "Australians"

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
Government should top up the superannuation balances of Australians who make less than $39,837 a year and genuinely accessed their superannuation under ERS, according to the Australian Institute of Superannuation Trustees. The body is recommending the ...

ERS applications slow

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... paid out to members, down from over $700 million the week prior. In total, over $31 billion has been removed from Australians retirement savings with the largest super fund, AustralianSuper, having paid out the most. The fund has paid out $4.4 billion ...

Retail investors surpass one million

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... driven mostly by a record inflow of 265,000 first-time investors. "First-time investors typically consist of young Australians in the Zoomer or Millennial age group, but the pandemic-induced lockdown has accelerated these trends," he said. The majority ...

Spaceship raises $10m in capital raise

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
... funds under management (up 42% from 12 months ago), as at July end. It is adding 200 to 300 new customers each day. "Australians deserve world-class investment products for their hard-earned savings. Spaceship is delivering just that. And continuing ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... Fahy said the proposal would inflate the price of a property by $50,000 and eat into the retirement savings of young Australians. "The proposal from Master Builders does nothing to address the supply side constraints at the heart of housing affordability ...

ASIC warns Indigenous Australians over scams

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
In light of the National Scams Awareness Week, the corporate regulator is urging Indigenous Australians to be wary of scams. The Australian Securities and Investments Commission is one of the agencies responsible for the National Indigenous Consumer ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... report," she said. "But when you do report you help yourself and you help other people." Rickard said last year alone Australians lost a reported $26 million in investment scams - and the actual figure is probably much higher. She wants to warn consumers ...

Several promoted at Yarra Capital

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
Yarra Capital has announced a number of in-house promotions within its Australian equities investment team. Michael Steele, previously deputy portfolio manager for the firm's Australian smaller companies equity capability, has been promoted to co-portfolio ...

Financial services workers content with pandemic changes

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... of technology while 63% expect increased innovation to benefit customers. The study draws insights from over 1000 Australians across multiple industries including financial services exploring how they rate their employer's response over the last six ...

Calls for consent forms, opt-ins to be scrapped

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... Future of Financial Advice (FOFA) reforms have been unsuccessful and have only made advice less accessible to ordinary Australians. Ardino and Harrison appeared to hit back at suggestions from the Financial Planning Association of Australia (FPA) that ...