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

Search Results

Showing 671 - 680 of 6047 results for "Age"

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 ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... lead to an increase in superannuation balances at retirement of around $5100. For a woman who received paid parental leave at age 28 for a first child and at age 30 for a second child, the increase in superannuation balance would be at least $10,700 ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... at current levels until 30 June 2025. This will benefit approximately 876,000 income support recipients, including 450,000 age pensioners. The government has also increased the Medicare levy low-income thresholds for 2023-24, ensuring more than one million ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
In the Federal Budget, Treasurer Jim Chalmers formally announced a raft of measures to support women, many of which were flagged ahead of time. This includes the $925.2 million over five years to provide support for victim-survivors leaving a violent ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
The Albanese government is investing $2.2 billion to reform the aged care sector and close to $500 million to put the NDIS back on track. The government has said it will invest $531.4 million to offer an additional 24,100 Home Care Packages next financial ...