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Showing 11 - 20 of 1994 results for %22Financial Health%22

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... means of funding the aged care system. Australia's aged care bill is on the rise, coming in at $27.1 billion last financial year, and predicted to reach $42 billion by 2026-27. Presently, the government funds about 75% of residential aged care and ...

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
... are doing what we can to fix that," she said. "This investment by the Cook government is an important step to increase financial security for women who work in the public sector taking unpaid parental leave."

Retirement saving, investing daunting for women: Surveys

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... by the Australian Retirement Trust (ART) shows. A similar number of women members said they feel secure about their financial situation overall. ART executive general manager of advice, guidance and education Anne Fuchs said while women are getting better ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... super on its scheme, it sets an example for more employers to follow," the group said. Colonial First State, Insignia Financial, TelstraSuper, and UniSuper also welcomed the move, as did the Financial Services Council. However, many did flag there's ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... "While 19% of Australian men have a savings buffer of two years or more, just 11% of women live with the same level of financial security," it said. When it comes to lodging a claim for total permanent disablement (TPD) insurance, the current default ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
The Liberal Party appointed a new shadow assistant treasurer and shadow minister for financial services in Luke Howarth, while Andrew Bragg takes on the portfolio of home ownership. Opposition leader Peter Dutton unveiled a shakeup of his frontbench ...

EG to target intermediaries

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... business management. Weingarth, who officially joined EG in October last year, brings over 17 years of experience in financial services, most recently serving as Charter Hall's New South Wales state manager, capital raising, and distribution. Prior to ...

Morningstar equities research lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
The long-serving head of equities research at Morningstar has reflected on six decades in financial services in a final analyst note. Peter Warnes has been with Morningstar since 2006, however his career began long before - nabbing a role with the Bank ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... costly in terms of salaries, can add enormous value to a practice amidst consolidation and fragmentation by promoting financial advice and helping advisers deliver advice to the market. "In many ways these managers were perhaps the most challenged - ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... taxes in today's dollars as a result of the COVID Early Release Scheme." SMC chief executive Misha Schubert said the financial toll of the scheme would cost both the people urged to withdraw their super and all Australian taxpayers for decades to come. ...