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Showing 3291 - 3300 of 6137 results for "Australians"

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... contributions at 12% of wages - has never been quantified, and is one reason retirement remains uncertain for many Australians. Rice argues Australia also lacks a target measure of adequacy for voluntary savings, something which is viewed as the third ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting ...

New partnership to simplify estate planning

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
... will is then stored on the platform. Myprosperity chief executive Chris Ridd said: "It's estimated that nearly 50% of Australians will die without a will, and our own data shows that over 70% of myprosperity clients do not have an up-to-date will. Yet ...

Industry funds call for super shortfall reform

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... The likelihood of a comfortable, self-sufficient retirement will diminish over the next decade for about 3.1 million Australians, according to new research. Recent findings from AustralianSuper and Cbus suggest the changing nature of work will create ...

Australian asset owners support first stewardship code

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Two prominent industry superannuation funds, managing more than $174 billion, are the primary signatories to Australia's first asset owner stewardship code. AustralianSuper and HESTA have committed to the Australian Asset Owner Stewardship Code ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Newly-minted ASIC chair James Shipton said there will be more consumer compensation to come over fees for no service financial advice. Three months into his role, Shipton addressed the annual Australian Council of Superannuation Investors (ACSI) conference ...

Two-tier super system emerging: KPMG

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The 2018 installment of KPMG's Super Insights report highlights the emergence of a two-tiered superannuation system. According to KPMG's analysis, the superannuation system in Australia is splitting into two tiers, as small funds experience initial ...

MLC Life enhances mental health offering

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... over 20% of ongoing claims management. Additionally, the insurer said new research it commissioned shows one-third of Australians with a mental health condition felt frustrated when trying to navigate the mental healthcare system. MLC Life chief customer ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... Australia. Domestically, both the Coalition government and the opposition Labor Party have promised tax cuts for us, Australians, all. Aside from the fact that no one in their right mind would complain about the government reducing tax payables, the ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
... Howie told Financial Standard on May 3. The standard withholding tax rate applied for distribution is 30%, but if Australians submitted a form to the US tax authorities, they can reduce it to 15%, Howie said. He said the problem is the US taxation process ...