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Showing 681 - 690 of 4505 results for "Saving"

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
Three actively managed Australian share funds from BlackRock, Yarra Capital Management, and Platypus Asset Management have shuttered in recent weeks. The Platypus Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after ...

Cbus appoints new head of infrastructure

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
Cbus has welcomed a new head of infrastructure, following Alexandra Campbell's promotion to head of private markets and deputy chief investment officer. The $85 billion industry fund appointed Jordan Kraiten, who brings over a decade of experience ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
Australia's retirement system has received a B+ grade in a study of nearly 50 nations, with the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
A Fidelity International report shows that although most Australians feel obligated to share their wealth with future generations, a mere one in 10 have prepared a comprehensive estate plan. Drawing on nationally representative data by research firm ...

AustralianSuper merges real assets functions

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
The superannuation giant has made a raft of fresh appointments as it restructures its infrastructure and property investment teams, including naming a head of global real assets. AustralianSuper is going to combine its infrastructure and property teams ...

HNWs increase digital engagement: Research

CHLOE WALKER  |  THURSDAY, 12 OCT 2023
... really speak to the fact that there's a simplicity that comes with using a digital portal and there's also a time-saving component, or perhaps an accessibility component that comes with it." When it comes to the improvements HNW investors would ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... noticeable, and felt so keenly by borrowers, it gets a lot of attention, particularly in Australia where most borrowing and much saving is done at variable rates," Kent said. Of note, the RBA estimates suggest that the 4% hike in the cash rate target ...

Multi-asset funds see $1bn exodus

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
Multi-asset funds recorded their fourth consecutive quarter of outflows, losing nearly $1 billion in the last 12 months, new data from Calastone finds. The year to September 2023 saw multi-asset funds suffer $974 million in outflows, the longest run ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
The government's proposed tax on superannuation balances exceeding $3 million could adversely impact up to 50,000 self-managed super fund members (SMSF), including posing liquidity challenges. According to a recent report conducted by the International ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
The government has released a consultation paper today, inviting stakeholders to provide feedback on a proposed framework to synchronise superannuation payments with wages. The Securing Australians' Superannuation consultation paper also seeks feedback ...