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Showing 471 - 480 of 4334 results for "FIG"

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ...

ABPs alone won't meet retirement income covenant: Knox

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Mercer's David Knox says super funds won't be able to meet the Retirement Income Covenant's requirements via account-based pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income ...

Lockdowns see uptick in advice seekers

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ...

Older Australians overlooking age care costs

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
Only 14% of older Australians have prepared for their aged care costs, according to a joint survey from Challenger and National Seniors Australia. The research received more than 5000 responses from Australians 50 years old and above. It found respondents ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
HUB24 recorded significant growth in its underlying net profit as inflows continued to rise following the acquisition of Xplore Wealth and Ord Minnett's Portfolio Administration and Reporting Service (PARS). In its full-year results, HUB24 reported ...

Investment scams set to double

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
Australians have lost over $70 million to investment scams in the first half of 2021, a figure that is expected to double by the end of the year with increased reports of cryptocurrency scams, imposter bond scams and Ponzi schemes, according to the ...

Accountants warn of lockdown cost

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
An Australian-first survey of accountants asking for their views on the economic impact of COVID-19 has revealed a pessimistic outlook. Nearly half of surveyed accountants are "fairly" or "extremely" worried about the state of the Australian economy ...

Financial services market skyrockets

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
Australia's total market for financial services increased by $1.27 trillion last financial year to a total of $10.9 trillion at June end, research shows. The latest Roy Morgan Banking and Finance Report showed the increase was larger than the last three ...