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Showing 11 - 20 of 5352 results for "Age"

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
AMP's top brass continues to see their remuneration packages shrink as it becomes a "leaner" business, its recent annual general meeting (AGM) heard. AMP outgoing chair Debra Hazelton told the AGM last week that director fees from 2019 have reduced ...

ASFA appoints new policy head

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
The Association of Superannuation Funds of Australia (ASFA) has announced the appointment of James Koval to the newly created role of head of policy and advocacy, effective immediately. ASFA chief executive Mary Delahunty said she was delighted to welcome ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while women are pushing retirement age to 64.8 years old from 61.6 years old. Over the last two years, however, the expected retirement age for both men and ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... Bill would promote intergenerational fairness, ensuring young people don't experience higher tax obligations to fund the Age Pension. The Australian Council of Trade Unions (ACTU) praised the Bill for enshrining "fundamental principles" of superannuation ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
Paul Murray took over as chief investment officer at legalsuper on March 11, succeeding Norman Zhang who departed in December 2023 for a role at Koda Capital. Murray was most recently interim head of alternatives at Future Fund, a role he took on after ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
Daniel Kahneman, the Nobel Prize-winning economist and author, has died aged 90. Kahneman was an Israeli American psychologist whose research into human behaviour upended economics. Kahneman's research demonstrated humans would often abandon logic and ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... modernising, at the very least. He said that the federal government has prioritised maintaining entitlement benefits for people his age (71) even though it might mean that Social Security will struggle to meet its full obligations when younger workers ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... Australia's major capital cities against a 20% deposit placed on a median-priced house and unit. The data shows no-one in this age group in Sydney, whether single or in a couple, could raise enough money for the deposit on an average house or unit by ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... cover in ART. ART's fixed TPD cover tapers or reduces for older members, while its voluntary fixed TPD cover ceases at age 67 and not age 70. AvSuper also told members that its trustee "is satisfied that ART will qualify as a successor fund and has ...