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Showing 621 - 630 of 6001 results for "Age"

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... both budgets assume retirees own their homes outright and are in relatively good health. Couples need to save $690,000 by age 67 to enjoy a comfortable retirement, while singles need $595,000. A modest retirement requires both couples and singles to ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Stockland has joined forces with Invesco Real Estate (IRE) to establish a land lease communities project tipped to be worth $1.1 billion. The open-ended partnership, which is based on Stockland's 50.1% interest and IRE's flagship pan-Asian core ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... retirement. These included providing financial tools and education to help with retirement decisions, guidance navigating the age pension and aged care options, assistance optimising drawdown rates, providing lifetime income products that give members ...

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
ASIC slapped a three-year ban on a former Life Plan FP financial adviser for failing to act in the best interests of clients and not being able to maintain "high standards". Gawad Nabi, who served as an authorised representative of Hobart-based Life ...

Financial services workers eye earlier retirement

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... broke down the sectors they worked in. Those who worked in the arts and recreation services industries retired at a later age, on average at 64.4 years compared to other sectors. Those who worked in hospitality, accommodation, and food services retired ...

Funds SA chief investment officer exits

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
Funds SA is on the hunt for a new chief investment officer. The $43 billion asset manager confirmed Richard Friend is departing after almost eight years in the role. Friend joined Funds SA in December 2016 to lead the investment team, coming across ...

PrimaryMarkets launches new financial adviser channel

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
PrimaryMarkets has launched a new channel aimed at making alternative investments more accessible to financial advisers and their clients. The platform affords advisers and their client's access to a spectrum of investment opportunities, including unlisted ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... $39. Additionally, the Lifecycle Investment Strategy was simplified from 16 stages to three - high growth for those under age 50, growth for those aged 50-54, and balanced for those aged 55 and above. The fund also introduced two new pre-mixed investment ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... Torres Strait Islander people. The report found that while older Australians have relatively low incomes compared to working age Australians, many have significant wealth they can draw on to fund their spending. "When you look at wealth and income together ...

Members' attitude, behaviour key to better engagement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
... under 55 (26%) compared to 22% of all members. In terms of retirement confidence, the weakest cohorts were those in the middle age and pre-retirement groups, with 35 to 44-year-olds at 5.9 out of 10 and 45 to 54-year-olds at 5.8 out of 10; it was 6.3 ...