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Showing 441 - 450 of 1434 results for "The Age"

Industry fund pushes for simpler super splitting

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... said. "If they can't claim their share of super, for many women this means losing their only income in retirement beyond the age pension." HESTA and WLSV announced they are developing a streamlined and consistent process that all superannuation funds ...

Industry fund cuts fees

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... According to First State's product disclosure statement, members in the option - which acts as the default for those over the age of 60 - will see their fees drop by $55 a year on a balance of $50,000, to $452 p.a. which includes the fund's administration ...

Industry fund overhauls MySuper options

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2019
... moment GuildSuper's MySuper options comprise three categories; Building, Growing and Consolidating. From March 2020, the age bands for these options will change. MySuper Building, which is currently for members under 40 years of age, will be for ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

FICAP announces 2020 charity partner

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The Financial Industry Community Aid Program has announced its 2020 charity partner. FICAP hosted its annual Sponsor and Charity Launch event last week, announcing SHINE for Kids as its newest charity partner from 2020. Incoming FICAP chairman Marnie ...

How personality tests add value in advice

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
Two financial advisers in Sydney say they are on to the next big thing - helping clients succeed through rigorous, double-blind, scientifically backed personality tests. Tristan Scifo and Harry Goldberg at Purpose Advisory offer Personality Typing Coaching ...

New advice groups detrimental to consumers

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... continue to play a role. "Robo-advice can give you technically correct optimisation across tax, investments, Centrelink and the age pension. But it actually doesn't empower individuals who don't understand that complexity and need coaching," he said. ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... more and need to take into account future price increases and spending needs. "With the low rate of overall inflation, the Age Pension is only increasing at a modest rate, with the maximum Age Pension increasing by 1.9 per cent over the last 12 months ...

AFCA appoints chief operating officer

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
The Australian Financial Complaints Authority (AFCA) has appointed a chief operating officer from the Australian Tax Office. Justin Untersteiner will join AFCA from the start of December. AFCA chief executive and chief ombudsman David Locke said Untersteiner's ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
A relatively new advice association has picked up members at a rapid pace as it takes up the fight to retain life insurance commissions. The United Financial Advisers Association (UFAA) now has over 4000 members after launching just a few months ago. ...