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| | ... customers differ from actuarial assumptions, there is hidden variability in future income. The actuary must allocate excess or deficit in pool assets equitably among customers, making income payments more volatile. Further, a GSA cannot guarantee longevity ... |
| | | ... products. But because plan participants are locked into whatever service providers are contracted for their plans, there is a deficit of competition in the recordkeeping market," Pilger said. "On the Australian side, its greatest asset is its comprehensive ... |
| | | ... company earnings. "This is evident in strong trade surpluses and contributed to a $48 billion improvement in the budget deficit last financial year and $42 billion this financial year," he commented. Oliver added this is helping reduce the budget deficit ... |
| | | ... Certified Financial Planner designation." Also, last week, as previously reported by Financial Standard, the FPA recorded a deficit of $1.2 million but Abood said that the association remains in strong financial position with substantial reserves, and ... |
| | | ... Australia's (FPA) membership has fallen to 10,954 members from 11,811 last year, and the association has recorded a before-tax deficit of $1.2 million for the year ended June 30. FPA member numbers decreased by 7%, even though it recorded 891 new ... |
| | | ... universal pension, I wouldn't read it in that light at all," he explained. "The government clearly wants to reduce the deficit and make its financial position is stronger. It's not looking for extra expenditure, it's also recognising that ... |
| | | ... rising at more than 14% a year over a decade." The Labor government's 2022/23 Budget forecasts an underlying cash deficit to the tune of $36.9 billion in 2022/23, $44 billion in 2023/24, $51.3 billion in 2024/25, and $49.6 billion in 2025/26. Comparatively ... |
| | | ... the longer-term problems that we talked about a few weeks ago remain, and Australia still has a longer-term structural deficit to be addressed, but that's an even bigger task than before." Richardson said it's more complex still, because of the ... |
| | | Financial Services Council (FSC) research shows that proposed increases to super taxes will not deliver a sustainable Federal Budget position. The FSC engaged DeltaPearl Partners to perform economic modelling of six possible measures adjusting the current ... |
| | | The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ... |
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