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Showing 331 - 340 of 1433 results for "The Age"

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The $13 billion industry super fund MTAA Super, which is due to merge with Tasplan and become Spirit Super on 1 April 2021, has flagged that insurance premiums will be increasing for members. MTAA said that the insurance costs for many members will ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... their money out of super and "wake up in a panic" one day realising they are running out of money and have not applied for the Age Pension. "[This] is an awful situation and should not be happening anywhere let alone a country like Australia," he said. ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... superannuation guarantee could add over $33 billion to Age Pension spending. ISA said modelling from Rice Warner suggested the Age Pension would have to make up for the superannuation guarantee not increasing. "Plans to either ditch the increase or make ...

Workers being offered nothing: Keating

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia annual conference opened with the creator of super, former Prime Minister Paul Keating, alleging the government is swindling workers. Discussing the suggestion that the current government may forgo ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

Magnolia Capital takeover saga continues

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Magnolia Capital has expressed doubts about the solvency of The Agency Group as the saga over its takeover bid continues. Magnolia said it has accepted the findings of the Takeovers Panel but continues to have concerns about the solvency of The Agency ...

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million workers under the age of 35 have either closed their super accounts or have very little left. Further, over 73,000 Australians lost insurance cover ...

Family home dominates adviser conversations

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... their financial plan. Another area of interest for clients downsizing is the impact selling the family home will have on the Age Pension. This is particularly relevant among clients who sold their principal place of residence and want to use the proceeds ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
With only a matter of days until US President-elect Joe Biden takes office, there are a number of notable finance industry veterans nominated to help his administration lead the nation. The first, and most notable in the economics world is Janet Yellen ...