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Showing 771 - 780 of 6133 results for "Australians"

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Colonial First State has hired a local investment director from a global pension fund to run private equity and unlisted assets. At the same time, its head of investment sales has exited. The wealth and superannuation giant confirmed that Chloé Brayne ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

HUB24 takes stake in Reach Alternatives

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... to delivering innovative products and solutions that enable advisers to empower better financial futures for more Australians." The financial terms of the deal were not disclosed. Reach Alternatives chief executive Sam Phillips said he is thrilled with ...

AustralianSuper appoints first chief liquidity officer

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
AustralianSuper has appointed Chandu Bhindi as the fund's first chief liquidity officer, effective January 2025. Bhindi joins AustralianSuper from Commonwealth Bank, where he was responsible for the group's funding and liquidity and most recently as ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
The largest industry superannuation funds hold a substantial portion of the entire market capitalisation of the Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
Older Australians are increasingly seeking financial advice in relation to aged care costs, new research from Challenger and National Seniors Australia shows. According to the study, calculating aged care costs has become a dominant concern for older ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... the Australian retirement landscape, with the federal government last year announcing measures to make it easier for Australians to access financial advice - including the use of nudges by super funds. The Association of Superannuation Funds of Australia ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
Australians are enduring the longest stretch of economic hardship since 2011, according to analysis by the Committee for Economic Development of Australia (CEDA). CEDA's analysis of the "misery index" - which combines inflation, unemployment, and interest ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... of the Australian Taxation Office's Serious Financial Crime Taskforce (SFCT), which identified multiple Western Australians allegedly orchestrating a similar scam. The woman charged a fee for every application she submitted. She earned nearly $11,000 ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... affordability is to facilitate more supply and less immigration, with funds "liberated from superannuation" to ensure that Australians get into their own home faster. HomeSuper founder Simon Jones, however, said that argument demonstrates a lack of understanding ...