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| | | ... "gradual decline" towards a long-term equilibrium of around 20 super funds. "The pace of superannuation fund consolidation means that Australia is rapidly approaching maturity in relation to the participants and products... Over the next five years ... |
| | | | ... in reaching its inflation target, with the delay showing no signs of gain, Keenan said. Moreover, the rate cut was by no means a guarantee that an easing cycle has begun. "If monetary policy is eased too much too soon, disinflation could stall, and inflation ... |
| | | | ... of what they earn, and retire with more as well." Assistant Treasurer Stephen Jones said that switching to payday super means a 25-year-old on a median income, who currently receives their super quarterly and wages fortnightly, could retire with an extra ... |
| | | | ... impact their financial future," she said. This is because women live five to seven years longer than men on average, which means higher healthcare costs, and take more career breaks for caregiving duties, leading to less retirement savings. "Investing ... |
| | | | ... areas. But equally important to Hughes is building a local Australian team to manage the superannuation business, which also means recruiting specialists with industry experience. "It's essential to have professionals who truly understand their industry ... |
| | | | ... people "who would otherwise fall through the net." "It's pleasing to see the growth of coverage for people. What this means is that more Australians have their lives and livelihoods protected, and this provides great relief for families. Of course ... |
| | | | ... meanwhile, will likely go from US$1 trillion last year to US$6 trillion. For Spence, having a fully integrated offering means enabling the end investor to ultimately choose the vehicle that is right for them. "We're a traditional active manager of ... |
| | | | ... redemption request. The 4% interest is charged on both the $200 million principal and the additional return amount. This means the ARA payable at maturity is $53.5 million. Insignia recognised the derivative financial liability of $37.7 million in relation ... |
| | | | ... communications that read, 'It benefits the member by stopping the $1.50 charge on their duplicate account, but for us it means less revenue'. Does this indicate the internal thinking about how they were treating their members?" Bragg asked. In response ... |
| | | | ... provide "exemplar product and service offerings" to their members. Treasury said best practice for understanding members means a trustee will identify retiree cohorts in its membership through a mix of publicly available data, fund-held data, and other ... |
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