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Showing 741 - 750 of 1872 results for "Young"

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
MySuper could soon surpass self-managed super funds as the preferred retirement savings vehicle for Australians, a new Rainmaker report shows. Using the latest APRA data, Rainmaker's MySuper Report found the MySuper asset pool hit $713 billion at ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... surprise that insurers are fighting hard against the Protecting Your Superannuation (PYS) reforms for opt-in insurance for young people. "Some of these millennials and Gen-Ys are getting slugged with fees of up to 30%." Young members starting out in ...

Global manager appoints Aussie equities lead

KANIKA SOOD  |  MONDAY, 24 JUN 2019
... promotion is reflective of her commitment, knowledge and proven ability." Aberdeen Standard recently hired a former Ernst and Young wealth partner as head of retirement.

Aberdeen Standard hires retirement head

HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... Investments has moved to accelerate its shift to a major retirement solutions provider in Australia, appointing a former Ernst and Young wealth partner as head of retirement. The global asset manager recruited EY wealth management executive Jason Nyilas ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
New research analysing Australian Bureau of Statistics microdata shows that more Australians are retiring owing money on their mortgage. The portion of homeowners between ages 55 and 64 that owe money on mortgages has tripled since 1990 - from 14% to ...

ANZ cleared of $50m fee bungle

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... from ANZ, signed by managing director private banking and advice Michael Norfolk and independent expert report from Ernst & Young. ASIC today said it is satisfied ANZ has changed its controls and processes in response and can now detect and remediate ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... cheaper p.a. for 15-24 year olds but $64 more expensive p.a. for 35-64 year olds after July. While LUCRF halved costs for young people, their cover has dropped by more than half," Rainmaker said. Because default cover is dropping by an even higher factor ...

Commonwealth FP completes EU compliance

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
... Planning signed by the group executive of retail banking Angus Sullivan and a final independent expert report from Ernst & Young. ASIC is satisfied with the attestation and expert report, meaning compliance with the obligations of the court enforceable ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... their own perceptions of their financial health. "Over 65 households say they are under much less financial pressure than young people, and that's true even for renters," Daley said. When Knox took to the stage, one of the things he pointed out was ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... collective, rather than individual wealth and accumulation of money or assets. First Nations Foundation chief executive Amanda Young said for First Nations people the idea of financial wellbeing is viewed through the lens of family and community. "The ...