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Showing 501 - 510 of 1107 results for "Parent"

Part-time work widens super gender gap

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Women approaching retirement will have 37% less in their superannuation balance than men, latest figures from the Australian Bureau of Statistics show. Women aged between 55 to 64 years old will have an average of $196,000, while men retire with a significantly ...

Boutique executes buyout, rebrands

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
The executive team at a Melbourne-based global equities manager has bought out the majority stake held by its parent firm. The buyout includes a name change and new board chair. Wingate Group helped set up boutique Wingate Asset Management in 2005. ...

Labor super reforms can reach further heights: Industry

DARREN SNYDER  |  WEDNESDAY, 19 SEP 2018
Superannuation industry lobby groups are welcoming Labor's election promise to address the super gender gap at retirement. They also believe more can be done. Women in Super has long advocated for several of Labor's proposed measures, including superannuation ...

Labor commits $400m to gender super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
If elected, the Labor Party will work to narrow the retirement savings gap by topping up the superannuation accounts of women on parental leave among several other measures. Labor leader Bill Shorten has announced a plan to add $400 million to the super ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... in retirement savings has been lost by members of bank-owned super funds. Colonial First State was placing super with a parent bank where members of the fund's cash option received interest rates as low as 1.25% per year - lower than the RBA cash ...

Aussies want advice, as long as it's cheap: Research

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
Australians trust financial advisers but will not pay more than $400 for face-to-face consultation, latest research reveals. Latest research from ING - conducted in conjunction with Rice Warner - shows financial advisers are the most trusted source ...

Drought-hit farmers turn to advice

KANIKA SOOD  |  MONDAY, 3 SEP 2018
This July was the driest in Australia for 16 years. Almost 100% of New South Wales and 57% of Queensland is in drought and financial advisers are dealing first-hand with the impact. The numbers are startling yet they don't come close to measuring ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... attracted to the strong growth dynamics of the risk market in a mature regulatory setting, the report said. Some of the new parent companies will enjoy the lower cost of capital, together with a longer-term investment horizon. KPMG actuarial and financial ...

Parents key to financial literacy legacy: FPA

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
Latest research from the Financial Planning Association of Australia (FPA) shows parents accessing financial advice are more likely to discuss financial matters with their children. The FPA's 'Share the Dream' report explores the impact ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... MasterKey Personal Super (MKPS) members will be refunded $220 each, on average - or $67 million in total, including interest. Parent company NAB told the ASX it will stop charging its plan service fee for MKPS members from 30 September 2018. For members ...