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Showing 291 - 300 of 5991 results for "Age"

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
... The asset boost now ranks the HUB24 Super Fund as the 21 st largest based on total member benefits. Members have a median age of 55 with a median balance of $143,831. HUB24 had a total of 5097 financial advisers using the platform at the end of FY25 ...

TelstraSuper Balanced option makes 9.3%

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... March statistics show that TelstraSuper has 98,100 members with savings of $26.7 billion. Members have a median balance and age of $146,695 and 53 years old. In May, TelstraSuper terminated the potential merger with Equip Super. What was meant to be ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... (financial systems) Brad Jones said ensuring that Australia's payments and monetary arrangements are fit-for-purpose in the digital age is a strategic priority for the RBA. "Project Acacia represents an opportunity for further collaborative exploration ...

Mercer SmartPath returns exceed 12%

KARREN VERGARA  |  TUESDAY, 8 JUL 2025
... financial year for members aged between 18 and 52. The Mercer SmartPath returned between 12.3% p.a. and 12.6% p.a. For the same age range over a five-year horizon, the default option achieved between 9.7% p.a. and 10.3% p.a. Over 10 years, this was between ...

Vanguard, CFS deliver strong FY25 returns

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The two retail superannuation funds delivered strong returns for members, but it was the low-cost, indexed-based strategy that outmuscled the other. Vanguard Super returned 13.5% p.a. for 2025 financial year for members aged 47 and under. Since its ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with ...

Super on paid parental leave to reduce gender gap: ASFA

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
... over a lifetime earning the median wage. For the typical person currently aged 30 to 34 the increase in superannuation at age 67 is just over $100,000 in today's terms compared to what it would be if the superannuation guarantee had not been increased ...

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
Treasurer Jim Chalmers has opened the new economic reform consultation paper while issuing more invitations to the government's Economic Reform Roundtable. "The roundtable is an important opportunity to build consensus for long term economic reform," ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... $154,641, while men had $192,119. The median was $54,349 and $68,568 respectively. Men continue to have higher balances across all age brackets expect for 70- to 74-year-olds, where women had $215,202 and men had $214,749. The ATO's breakdown of ...

ClearView welcomes underwriting head

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... There's also a new structured tiering system for Life, TPD, Trauma, Income Protection, and Business Expenses cover based on age and benefit amount, which ClearView said would prove more efficient for advisers. ClearView has also incorporated alignment ...