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Showing 291 - 300 of 1433 results for "The Age"

Future Fund hires chief economist

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
The $199 billion sovereign wealth fund hired from Wellington Management for its inaugural chief economist. Toby Johnston will commence the role on January 27 and will report directly to the Future Fund's chief investment officer Sue Brake. He will lead ...

The challenge of retirement income

ANNABELLE DICKSON  |  FRIDAY, 12 NOV 2021
The industry is often presented with the age-old question of how retirees can maintain access to savings and invest to receive regular and predictable income that keeps pace with inflation and without eroding capital. Magellan Asset Management head ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... report on the trading transformation in Australia, released in June, found a 250% increase in self-directed investors under the age of 25 trading during the initial COVID lockdown in Australia through to March 2021. Blewitt suggested young people are ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... underpaid their super, amounting to $3.4 billion and $1.6 billion respectively. About 890,000 of these people are under the age of 30, ISA said. Each year, the ATO only recovers about 12% of unpaid super; a figure ISA described as "dismal". "If the ATO ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
New modelling from Industry Super Australia finds that the establishment of a government-run fund would see a member $126,000 worse off at retirement. The new report, Nationalising super: Why politicians should keep their hands off your retirement savings ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... - and continues to build member confidence and engagement, which will lead to further improvement. In Australia, where the Age Pension is a safety net, older women are at greater risk of homelessness and poverty, she said, adding that specific measures ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... EISS has changed its approach to sponsorships. This line of questioning was in response to The Sydney Morning Herald and The Age reporting that EISS held "lavish" parties for staff and "wasted member money" on sponsoring sporting events and charities ...

AustralianSuper calls for fresh retirement thinking

ELIZABETH MCARTHUR  |  FRIDAY, 1 OCT 2021
The nation's largest superannuation fund has called for fresh thinking on what retirement means, as Australia grapples with an ageing workforce. October 1 is International Day for Older Persons and $200 billion AustralianSuper marked the occasion by ...

JPMorgan Chase acquires financial planning platform

JAMIE WILLIAMSON  |  FRIDAY, 24 SEP 2021
JPMorgan Chase is set to acquire a financial planning platform focused on the needs of college students and their families. The platform, Frank, currently serves more than five million students at over 6000 institutions across the US. It caters to those ...

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... insurance cover. The changes will also separate death and total and permanent disablement coverage into two categories. And the age at which the amount of unitised death and TPD cover will reduce from age 31 to age 35. Statewide is changing its test ...