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

Search Results

Showing 561 - 570 of 5992 results for "Age"

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
A new report commissioned by the Council of Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
After announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers. In an update on the merger process, TelstraSuper said its board is currently considering information provided by a range of superannuation ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
... 38% will go to the partner if still in a couple at time of death, or the next generation (likely to be nearing 60 years of age) if single. A further 10% is expected to go to friends and family. Australia also needs to catch up in including a gift to ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... 9.6% in the June 2023 quarter." The pensioner and beneficiary living cost index (PBLCI) - which measures living costs for age pensioners and other government transfer recipient households - rose 4.1% over the year, compared to the 3.8% rise in inflation. ...

Most Australians proactively retire: Research

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
Two-thirds of Australians with guaranteed income streams are proactively retiring with fewer worries and are doing so to enjoy their twilight years, contrary to popular belief, a new study reveals. Research from Macquarie University's School of ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... as they approach retirement. "Our default GoalTracker option addresses those factors by investing based on the members' age." Russell Investments senior portfolio manager Daniel Choo added that the aim of the GoalTracker option is to take acceptable ...

Cbus unleashes raft of fee changes

ELIZA BAVIN  |  TUESDAY, 30 JUL 2024
... drop $0.06 to $1.25. Members aged between 40 to 44 will see premiums drop $0.09 to $1.69. Those between 45 to 49 years of age will see premiums drop $0.12 to $2.25 per week. Those aged between 50 to 54 will benefit from a drop of $0.17 per week to $3.16 ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... intergenerational wealth. The research found half of those under 40 believe they will need to support their parents financially as they age, with children and their parents reluctant to discuss intergenerational wealth matters. An estimated $3.5 trillion ...

Trend among young Aussies highlights need for affordable advice

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... risk of falling victim to financial cybercrime. "We commissioned this research to better understand where people of different age groups are getting help to make decisions on their super," ASFA chief executive Mary Delahunty said. "It's alarming ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
Investors are preparing for some market turbulence in the US after President Joe Biden pulled out of the race for President against Donald Trump. American Century chief investment officer Rich Weiss said Biden's decision to withdraw as the Democratic ...