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Showing 621 - 630 of 3260 results for "DECADE"

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... of its supervision of superannuation funds. Australia's super sector is worth $3.9 trillion, having doubled in the past decade, with the two biggest funds - Auatralian Retirement Trust and AustralianSuper - making up more than half of net inflows. Despite ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
A recent report by economist Saul Eslake, which criticised the use of superannuation for home deposits, has been labelled "deeply flawed" by Australian Institute for Progress executive director Graham Young. Young said allowing home buyers to tap into ...

Global X hires new chief executive

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... adviser sales for equity derivatives at Macquarie Bank. Zaika replaces Evan Metcalf, who steps down in October after a decade-long tenure at the fund manager. Metcalf became chief executive of Global X in 2022 right after Mirae Asset Financial Group ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... its submission to the Senate inquiry into the financial regulatory framework and home ownership, HIA identified that a decade of additional costs has restricted competition among banks and made it increasingly expensive for them to lend to first home ...

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
... Australian Philanthropic Services (APS). Swinhoe recently stepped down as chair of Mercer Super, a role she'd held for a decade. She's also a former non-executive director of Suncorp Superannuation. She's also active in promoting the actuarial profession ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by ...

Megatrends impacting portfolio construction: Mercer

ELIZA BAVIN  |  THURSDAY, 19 SEP 2024
... in markets for at least five years." Jacques added that the rise of artificial intelligence (AI) is likely to be a multi-decade trend, and investors are still unsure how it will play out. "AI itself is a challenging phenomenon, because the impact it ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... and maintaining them into their retirement. Further, ATO data shows around 65% of all SMSFs have existed for more than a decade.

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
The US Federal Reserve is widely tipped to fire the starting gun on its first rate cutting cycle in years; here's what top economists see unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that ...