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Showing 3451 - 3460 of 21764 results for "Dec"

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
Australians are firm believers in the superannuation system, with 80% of fund members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The International Monetary Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
New data from the Australia Institute indicates middle-income earners receive just 7% of economic growth per person since 2009, while the top 10% keep getting richer. The data, taken from the World Inequality Database (WID) that shows real national ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
The chief executive of Sweden's Alecta was let go by the fund as it looks to recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
The Clean Energy Finance Corporation (CEFC) has committed up to $80 million in a private equity fund that will invest in a range of mid-market companies while driving decarbonisation at the same time. CEFC will invest in Crescent Capital Partners (Crescent)'s ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
These are just some of the recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
A Vanguard fixed interest exchange-traded fund has reduced its management fees following a pricing review. The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
AMP has announced the elevation of Diana Mousina to deputy chief economist. Working closely alongside AMP's chief economist Shane Oliver, Mousina is a key member of the AMP Investments team which oversees the management of funds for AMP's superannuation ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
A new industry association founded by four digital advice providers has been initiated to support the Quality of Advice Review (QAR) proposed reforms and serve as a united voice before government. The founding members and representatives of the body ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...