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Showing 261 - 270 of 1313 results for "Population"

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... lifespan based on 50% confidence," the report said. "Prudent financial planners know that approximately half of the population will live longer than average, and consequently might add a few years to the estimate. However, if a financial plan is designed ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... aware that many mortgages are due to reset over the next couple of months and doesn't want to unnecessarily burden the population." On the RBA decision, BetaShares chief economist David Bassanese said: "Despite this week's higher than expected CPI inflation ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
... retirement savings of $625,000, which equates to 2.5 times the $250,000 median retirement savings of the overall survey population. While an average retirement savings rate of 19.4% is positive, unforeseen circumstances can still cause concern. Most ...

Australian Unity gives funds management business a makeover

CHLOE WALKER  |  THURSDAY, 13 OCT 2022
... Mead said the changes are an important part of the mutual's evolution to meet changing community needs. "Our ageing population, coupled with the rise in chronic disease and complex health needs, means we must continue to adapt to better support all Australians," ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... the broader Australian economy if retirees continue to reduce their spending. "On a macro level, if we have an ageing population who have significantly reduced their spending, we risk the economy shrinking, in an environment where reduced wage growth ...

Retirement fears on the rise: AMP

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... don't think they'll have enough to retire, compared to 56% of men. Almost half of women (45%) and half of the general population aged 50-59 are concerned about how higher costs will affect their retirement lifestyle. "The research shows that millions ...

AMP's Edwina Maloney joins ASFA board

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
... "Her input and experience, particularly in the development of retirement income solutions to help Australia's ageing population, will make a valuable contribution to the board at a critical time as the industry begins to implement the new Retirement ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
According to new data, this year could be the most challenging in recent history to retire. Natixis IM shared its annual NIM Global Retirement Index (GRI) data and report named Danger Zone and said market downfall, low rates and inflation are taking ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... Aboriginal and Torres Strait Islander communities are at a significant disadvantage compared to the non-indigenous population in terms of meeting expenses, savings balances and use of financial products and services. Meanwhile, on how financial stress ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
Retail investor numbers have dropped as pandemic-driven hype dampens according to an Investment Trends, 2022 First Half Australia Online Investing report. The report reveals retail online investor numbers have begun to ease. An estimated 1.47 million ...