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Showing 41 - 50 of 197 results for "Older Australians"

Treasury outlines plans to boost employment

CASSANDRA BALDINI | TUESDAY, 26 SEP 2023

... unveiled its plan to overhaul the employment system in its newly released whitepaper, including encouraging older Australians to stay in the workforce by extending the work bonus and introducing a new skills passport. The Working Future report's contents ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA | FRIDAY, 15 SEP 2023

The financial confidence of older Australians continues to take a beating thanks to mounting cost-of-living pressures, as many feel they will struggle with it well into the future, a new study shows. Eighty percent of people aged 50 years old and over ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN | WEDNESDAY, 13 SEP 2023

... superannuation for increased aged care costs would create unnecessary complexity and cost and reduce flexibility for older Australians. Many current retirees do not have a large amount of superannuation from which to fund increased aged care costs. In ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER | THURSDAY, 27 APR 2023

... greater transparency and an expansion of performance testing, particularly for products currently being sold to older Australians. "Australian retirees have the most to lose and the least capacity to recover from being sold a poor product," O'Halloran ...

Investors flock to term deposits over equities

ANDREW MCKEAN | THURSDAY, 27 APR 2023

... embrace the secure and compelling returns offered by term deposits. This trend is particularly strong among older Australians who are four times more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON | WEDNESDAY, 12 APR 2023

... pension. This means taxpayers end up underwriting future inheritances," the report reads. "Under this change, older Australians who are asset-rich, but cash-poor would not need to sell their homes if they didn't want to. They could draw down against ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI | WEDNESDAY, 22 MAR 2023

... a disability so who you employ should mirror that." He said the time to engage with diverse members is now. "Older Australians, what do they have a lot more of? Potentially disabilities, as you get older long-term can become a problem. All the different ...

Australians are unprepared for retirement: Fidelity

ANDREW MCKEAN | FRIDAY, 20 JAN 2023

... lacking control in the retirement planning process. Fidelity's New Life Old Life report showed that a third of older Australians who planned their retirement did so earlier than anticipated, mainly due to personal health issues, caring responsibilities ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER | TUESDAY, 17 JAN 2023

... pensioners, which incentivises seniors to earn more income from work, is top of mind for advisers right now. Older Australians who are eligible for the Age Pension can now earn up to $11,800 from working, without reducing their pension. The work bonus ...

Small wins for some pensioners

CASSANDRA BALDINI | WEDNESDAY, 26 OCT 2022

... amount, with the temporary income bank top up to increase from $7800 to $11,800, before their pension is reduced. Older Australians will also be able to earn an extra $4000 without losing any of their pension due to a one-off bonus that aims to incentivise ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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