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

Search Results

Showing 51 - 60 of 151 results for "Poverty"

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... themselves grown rapidly and look to soon cost taxpayers more than the aged pension itself." Grudnoff added such high rates of poverty in retirement are in part because so much of the taxpayer funding for retirement incomes "goes to high income households" ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... nation's bottom line. "This dangerous proposal could not only condemn more than one million New South Wales workers to poverty in retirement it lumps them with a bigger tax bill now," ISA chief executive Bernie Dean said. "The numbers don't lie. Opt-out ...

Why women struggle in financial advice

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
... industry is essential. "Right now, the future of a woman who ends up single at retirement could mean that she ends up in poverty," she said. "Helping someone into financial empowerment could be saving their life. We need to be in the thick of it to make ...

Credit Suisse backs sustainability amid Federer furore

ALLY SELBY  |  MONDAY, 13 JAN 2020
... McAuley maintained that fossil fuels should still be included. "Without fossil fuels the world will grind to a halt and poverty will grow," he said. "It is difficult to exclude the use of fossil fuels completely. For example, you may exclude mining companies ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... emerging economies using price controls, which she said "despite good intentions, can dampen investment and growth, worsen poverty outcomes, and lead to heavier fiscal burdens". While inflation has declined in many of these emerging economies, the World ...

UK pension fund expands offering, climate risk policy

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
... the Paris Agreement was set at 2C - this will still significantly worsen the risk of drought, floods, extreme heat and poverty for hundreds of millions of people. Setting a 1.5C target is a stronger goal which we will push hard to support," Nest head ...

Pendal appoints impact investment team

ALLY SELBY  |  FRIDAY, 13 DEC 2019
... Development Goals, which requires $5-7 trillion in investments annually to address global challenges like climate change and poverty by 2030. "The impact investment market is currently worth over half a trillion US dollars and there is an obvious and ...

FIIG makes first impact investing play

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
... to raise $20 million to provide financial services - mostly through microfinance loans - to families living below the poverty line in developing countries. FIIG's services in arranging the bond have been provided pro-bono, with all fees to both VisionFund ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
... warning that: "If the trade conflict worsens and causes a slump in investor confidence, the effects on global growth and poverty could be significant - more than 30 million people could be pushed into poverty and global income could fall by as much as ...

Women overlooked by retirement income review

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... retired women become the fastest growing group of homeless Australians. Women in Super chair Cate Wood said the rate of poverty for retired women continues to rise, and noted women retire on average with just over half of the super savings of their male ...