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Showing 4331 - 4340 of 6137 results for "Australians"

Australia's pension system second best in the world

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
... the SG from 9 to 12% is "the right long-term policy to ensure an adequate and sustainable retirement income for all Australians." He also said trust and transparency will become increasingly important as pension funds become increasingly accountable ...

Kate McCallum wins AFA Female Excellence in Advice Award

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
... nominees for the Award are all to be congratulated for their continued commitment to bringing great advice to more Australians. "These women will continue to help raise the profile of financial advisers and the great difference they make to the lives ...

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... advice. Life insurance was excluded from the Future of Financial Advice reforms ban on commissions on the grounds that Australians are underinsured. Only 1% of risk advisers receive no commissions. Financial Standard contacted a number of advice groups ...

NZ Super CEO higher paid than Aussie counterparts

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
The New Zealand Superannuation Fund pays chief executive Adrian Orr considerably more than many of Australia's highest profile not-for-profit super fund chief executives. In its 2014 annual report, the NZ Super Fund revealed that Orr received NZ$791,462 ...

Two-fifths forced into retirement before financially ready

MARK SMITH  |  THURSDAY, 9 OCT 2014
... laid retirement plans are often outdone by illness or redundancy with new research from Mercer showing that 40% of Australians are forced into retirement before they are financially ready. According to the report, retirees will outlast their savings ...

Damien Mu elected to FSC board

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
AIA chief executive Damien Mu has been elected to the board of the Financial Services Council (FSC). Mu has been with AIA since 2007, and was appointed as chief executive in July this year. Prior to his time at AIA Mu was operations manager for AustralianSuper ...

Australians miss out on billions in unpaid super

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
Around 650,000 Australian workers are missing out on almost $2.5 billion annually because their employer does not make mandatory superannuation contribution, according to a new study by Tria Partners. The research, which was commissioned by Cbus, REST ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... workers default super savings remaining in higher cost super funds so that banks can maximise revenues at the expense of Australians retirement nest eggs. This is unconscionable," ISA said. The FSC, meanwhile, took the opportunity for renewing its call ...

Instos get serious about climate change

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
Last month's United Nations Climate Summit saw a flurry of announcements from some of the world's major institutional investors, ranging from pledges to divest from fossil fuels, to calls on governments to introduce carbon pricing. But how serious are ...

First hard MySuper APRA data released

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
Superannuation regulator APRA has just released its first set of hard MySuper statistics and they reveal the transition to MySuper is happening faster than expected and the role of life stage investing bigger than anticipated. There are 116 MySuper ...