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Showing 61 - 70 of 202 results for "Aussies"

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

Super advice gains traction: Research

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... guidance. This is according to Investment Trends' 2021 Financial advice report, which found that only 1.8 million Aussies use a financial adviser, a figure that has been on the decline by 100,000 per year since 2020. Perceived high costs and lack ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
The majority of Australians are unaware of the effects of the Your Future, Your Super (YFYS) reforms and could potentially be stapled to an underperforming fund for good. The YFYS stapling requirement comes into effect today and will see around one ...

Students opt for healthcare over finance: Survey

KARREN VERGARA  |  THURSDAY, 14 OCT 2021
... working in healthcare (24%), education (22%) and medicine/science (20%), than in finance (17%). However, nearly half of Aussies are reassessing their career paths because of the COIVD-19 pandemic and want to prolong their university studies. More than ...

Aussies stick with DIY advice

KARREN VERGARA  |  TUESDAY, 5 OCT 2021
... 2005 respondents canvassed by the Financial Planning Association of Australia's annual Money & Life Tracker found that Aussies want to be masters of their finance destiny as 41% shun the idea of a "financial accountability partner" because they only ...

Aussies confident about retirement spending: Study

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... toward their superannuation; many are saving 15% of their income on average. Overall, the global pandemic has spurred Aussies (68%) to focus on their finances. They prioritise paying off debts and their mortgage followed by purchasing a property. As ...

Consumers lose out on IP changes

KARREN VERGARA  |  MONDAY, 27 SEP 2021
... see benefit limits restricted to up to 60%. Finder head of consumer research Graham Cooke said the new changes will mean Aussies will not be able to claim as much and providers won't have to guarantee policy renewals. "Benefits will be capped at ...

One in four Aussies have no super account

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... this has been consistent over the past couple years of our research," Finder super expert Alison Banney said. "Whether Aussies never had super, accessed it during the first COVID outbreak, or have lost track of their accounts, it all adds up to fewer ...

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... founder and chief executive Matt Leibowitz said young Australians are "hacking" financial advice and investing. "Young Aussies are forming their own path and opinions when it comes to how money affects and drives their future. The idea that share markets ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...