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Showing 261 - 270 of 3876 results for "pension"

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... and cost-of-living pressures on younger Australians. "And if people retire with less super, that will also push up Age Pension costs - a bill that every Australian taxpayer would pay." Along with the 'super for housing' policy, Dutton laid blame on increased ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
The 2025-26 Federal Budget revealed the Labor government's first deficit since taking power in 2022. Forecasts for the 2024-25 year were revised to show a $27.6 billion deficit, and forecasts show the deficit is expected to grow to $42.1 billion ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... superannuation trustees to provide advice on key areas of retirement to consumers, like, estate planning, aged care, and the Age Pension, including the Home Equity Access Scheme. She noted that funds have little commercial incentive to offer advice in ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... retirement. Overall, State Super's funds are shrinking, but at different speeds. The defined benefit side, essentially a long pension fund, is bleeding out slowly. It's not fully funded, which means the government contributions and investment returns ...

Canada pension fund hires ex-CalPERS CIO

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
Canada's largest pension scheme has hired a former CalPERS investment chief who famously led a big push into private equity and private debt. The Canada Pension Plan Investment Board has confirmed the appointment of Ben Meng as head of investment ...

Tariffs not the only inflationary risk: Colchester

MATTHEW WAI  |  WEDNESDAY, 19 MAR 2025
Speaking at Financial Standard 's Advisers Big Day Out (ABDO), Martyn Simpson, senior investment officer from Colchester Global Investors, discussed the potential impact of tariffs and some of the inflationary issues markets may yet face. In terms ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... allocate 80% of any super balance above $250,000 to purchase an annuity, with the rest to be drawn via an account-based pension that provides flexible access to capital. "This would boost retirees' incomes by up to 25% compared to solely drawing on an ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
The National Pension Service (NPS) of Korea - the worlds third largest pension fund - has acquired a 4.17% stake in Metrics Credit Holdings for $50 million. This comes seven years after Pinnacle Investment Management paid $46 million for a 35% equity ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... such as tokenised RWA, DeFi, and stablecoin usage. Regarding the recent trend of investment professionals moving from pension funds to boutiques and family offices, Fong noted that this migration has been common for over a decade in most markets. "Australian ...