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Showing 571 - 580 of 5992 results for "Age"

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
Encouraging more Australians to access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Treasury has opened consultation on reforming the registration framework for tax practitioners, reviewing the key areas of education, qualification, and experience requirements. The consultation is part of the government's response to the PwC tax ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... returns for the last financial year. The fund's MySuper lifecycle option, Glidepath Take-Off, designed for members under the age of 45, delivered a 11.8% return. Glidepath Take-Off has a strategic asset allocation that consists of equities (75%) ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... from $92 for a 40-year-old to up to $450 for a 60-year-old. Insurance premiums for standard death and TPD cover rose for most age groups in 2023-24, which on average increased $48 per annum or 15% for members aged 30 and over. For these two types of ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
Vanguard Super's default MySuper lifecycle investment option has posted a 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... generation - those born in 1976-1982, on the cusp of the Millennial/Gen X divide - earned more than their parents did at a similar age. "In Australia, a 10 percentile rise in a parent's rank in the income distribution is linked to a relatively small ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Financial advisers are focused on helping their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical ...

Job mobility falls for first time in three years

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... well below rates of more than 20% seen 20 years ago," he said. "Falls in job mobility over the past year were seen across all age groups, though they remained slightly higher than pre-pandemic levels in the older age groups." Job mobility rates fell ...

Adviser exam yields 70% pass rate

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
The latest financial adviser exam results show that 70% passed the June sitting. Some 235 candidates sat the exam, with 165 passing. Of the total, 158 did so for the first time. There has been a total of 21,260 candidates who sat through an exam. Over ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
... stats, Future Super has 54,300 members and $2.15 billion in assets. The median account balance is $17,326 and the median member age is 30. This includes the Verve Super division.