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Showing 521 - 530 of 8611 results for "Lower"

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... challenging times. Looking back to June 2019, the amount needed for a comfortable and modest retirement was significantly lower. For a comfortable retirement couples needed $61,522 per year, and singles required $43,601. For a modest lifestyle, couples ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Expensive retail superannuation funds have finally become competitive with industry funds after bringing down their administration fees, a new analysis by KPMG shows. KPMG found that admin fees for MySuper products have come down from 0.33% to 0.26% ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... proven we have the right to play, and the competitive advantage to win, the financial and operational risk profile will be lower, and we believe the quality of our earnings ultimately higher and more sustainable." Management expects the restructure will ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... consumption," the RBA minutes said. Allen said the Statement on Monetary Policy noted that a judgement had been used to lower household consumption compared to what the models suggested, based on household disposable income forecasts. "Currently households ...

Principal launches new fund

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... generate a higher risk premium relative to its public market sector equivalent, while also benefiting from consistently lower default risk and more favorable debt characteristics to non-financial corporate sectors. "The launch of our private infrastructure ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... wealth levels during COVID-19. "The initial pandemic period saw an unprecedented decline in income inequality. The incomes of lower-income households grew rapidly in relative terms in the early stages of the pandemic, due to the massive increase in support ...

Spaceship appoints new chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... as Spaceship prepares to transfer its superannuation product to OneSuper, with the aim of leveraging its scale to deliver lower fees. Beydoun replaces Tom Kildea who was appointed chief risk officer in January 2023 after five years on the risk and compliance ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
... to deliver improved products and services," he said, adding the internal administration is a big factor in keeping costs lower. Vision Super was contacted for comment in relation to the lengthy delay.

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
Financial Advice Association Australia (FAAA) chief executive Sarah Abood said she supports recent proposals around adviser education from the Joint Associations Working Group (JAWG) because "we need far more people with these qualifications" and the ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... continue that work. Australia cannot rest until all women have a financially secure retirement," Schubert said. Schubert said lower rates of pay for feminised industries are a key driver of the gender super gap. "Anticipated pay rises for Australia's ...