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Showing 51 - 60 of 229 results for "Aussies"

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN | THURSDAY, 3 AUG 2023

Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA | WEDNESDAY, 2 AUG 2023

... builders," Toth said. Signs of financial strains are evident in Australians dipping into their savings. RFI Global calculates Aussies have $60,000 in savings on average, which includes term deposits, offsets, mortgage redraw, and share-trading accounts. ...

Generation Life rolls out product enhancements

ANDREW MCKEAN | WEDNESDAY, 7 JUN 2023

... flexible lifetime-linked annuity in the Australian market, LifeIncome Flex gives financial advisers the ability to help Aussies increase their retirement income in the early years so they can live life to the fullest throughout their retirement." Speaking ...

Australians prioritise financial independence: Research

CASSANDRA BALDINI | TUESDAY, 23 MAY 2023

... inaugural Financial Freedom Report, conducted by research agency McCrindle, showing the financial aspirations of modern-day Aussies have changed. The report found that 60% of Australians have a stronger desire to achieve their dream lifestyle while only ...

'Kick down the road' mentality fuels retirement insecurity: Study

ANDREW MCKEAN | MONDAY, 22 MAY 2023

... confidence, compared to just 31% of Millennials. Findex co-chief executive Matt Games said: "This paints the picture that most Aussies have adopted a 'kick it down the road' mentality to retirement. But when the time eventually comes, they're faced with ...

Wealth inequality divides Australia: Research

KARREN VERGARA | TUESDAY, 2 MAY 2023

... Australia are complex, layered by age, gender, disability, location, education and employment. Inequality is evident in where Aussies live as substantial income gaps exist between cities and regional areas. Cities had high degrees of income inequality ...

Hostplus, IFS adopt 'mass-personalised' advice tool

JAMIE WILLIAMSON | FRIDAY, 28 APR 2023

... with multi-format content. Iress said it is looking to plug Australia's advice gap, giving an option to the 12 million Aussies with unmet advice needs. "Iress is delighted to support Hostplus and IFS with mass-personalised, education-led digital advice ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI | THURSDAY, 13 APR 2023

Australians are firm believers in the superannuation system, with 80% of fund members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON | WEDNESDAY, 12 APR 2023

... save over $7 billion a year. Grattan said the same rationale used for increasing the Age Pension eligibility age to 67 - Aussies living and working longer - should be applied to accessing "highly tax-advantaged" superannuation. It also cited a 2015 estimate ...

Aussies not bothered by volatile markets: State Street

CHLOE WALKER | TUESDAY, 31 JAN 2023

... vs 44% globally), believing it creates buying opportunities (76% vs 68% globally). In addition, the report stated that Aussies are overwhelmingly optimistic about their financial future over the next 12 months (78%), compared with only 15% being pessimistic. ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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