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Showing 4421 - 4430 of 6137 results for "Australians"

Howes to leave AustralianSuper board

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
Prominent unionist Paul Howes has signalled his intention to step down as a board member of AustralianSuper, a spokesperson for the fund has confirmed. The news comes after Howes announced in March that he would step down as secretary of Australian ...

Banks suspected of pocketing grandfathered commissions

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... be unconscionable to extend the grandfathering of commissions, a process which will ultimately erode the savings of Australians, including compulsory super, if the commissions were not even to achieve their intended purpose of assisting financial planners ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
... said despite this superannuation is achieving most of its objectives: "the system is on track to deliver for average Australians retirement income streams equivalent to 75% of retirees' pre-retirement income". Reinforcing this, the proportion of retirees ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
... said despite this superannuation is achieving most of its objectives: "the system is ontrack to deliver for average Australians retirement income streams equivalent to 75% of retirees' pre-retirement income". Reinforcing this, the proportion of retirees ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
With longevity, inflation and market risk remaining critical for many Australians, Laura Millan looks at how advisers and product providers can join forces to come up with the best strategies to meet retirees needs. Treasurer Joe Hockey's 2014-15 budget ...

Financial services falling behind in online transactions

MARK SMITH  |  FRIDAY, 20 JUN 2014
... industry, 48% in the manufacturing sector, 50% in wholesale trade and 38% in the retail sector. "As more and more Australians move to mobile devices and transact over the Internet, the financial services sector needs to lift its game and conduct more ...

MetLife head of retirement products departs

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
... executive at the company. The failure of complicated life annuity-style products is an old story in Australia, with Australians apparently put off by the confusing structure and the longevity insurance element, whereby money is lost if the holder dies ...

Women to feel pain of scrapped LISC

JAMES FERNYHOUGH  |  MONDAY, 16 JUN 2014
Women and regional Australians will be the worst affected by the government's plan to scrap the Low Income Superannuation Contribution (LISC) scheme, according to Industry Super Australia (ISA). Using figures from the Australian Bureau of Statistics ...

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
... Meridien Wealth and could see them facing a claim of more than $200 million. "We have been contacted by a group of Australians who suffered loss at the hands of rogue financial planners employed by Financial Wisdom and its subsidiary Meridien Wealth," ...

Bank ads confusing: research

MARK SMITH  |  MONDAY, 16 JUN 2014
Most Australians find bank advertisements confusing or misleading with very few people understanding the financial content, new research by People's Choice Credit Union reveals. The survey of 1520 people conducted by the Ehrenberg-Bass Marketing Institute ...