Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 531 - 540 of 5992 results for "Age"

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... menopause is costing Australian women about $17 billion lost earnings and retirement savings. "A woman retiring at the average age for a man would accrue an additional 7.4 years of income and superannuation which, based on average earnings of $70,626.40 ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
For the first time since the 1970s, China will begin "gradually raising" the national retirement age from next year as it looks to stretch a dwindling pension budget further to sustain its ageing population. The country has approved proposals to raise ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
New research from the Association of Superannuation Funds of Australia (ASFA) shows that while super balances are largely growing, there's still plenty to be done to ensure positive retirement outcomes for all. ASFA's An update on superannuation account ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... the super fund said insurance fees will reduce by at least 3.2% for unitised cover and 2.5% for fixed cover, regardless of age and type of insurance cover held. In the general occupation category, a member who is aged 21 will pay a total of 43 cents ...

The transferrable skills for advisers who changed careers

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... lives, it's very hard to advise our clients to do the same thing," he said. Carmichael joined the police force at the age of 19, serving in Melbourne and regional Victoria. His interest in investing and wanting to help other people with their financial ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
The complexity of retirement income decisions has left many feeling ill-equipped to manage their superannuation savings and generate an income that will deliver a comfortable lifestyle later in life, according to GBST research. The wealth management ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
Northern Trust has launched its Integrated Trading Solutions (ITS) fixed income outsourced trading capability in the Asia Pacific (APAC) region. The expanded offering, provided through Northern Trust Securities in Australia, targets fixed income trading ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
... money to enjoy retirement. About 50% avoid thinking about it altogether. The nation is currently showing low confidence in Age Pension, where up to 38% of participants in another survey plan to " explore part-time work or other employment opportunities ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... equitable and sustainable way and recognise the interaction of superannuation with forms of government support, particularly the Age Pension." The bill wouldn't alter current superannuation laws but will require policymakers to demonstrate to Parliament ...