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

Search Results

Showing 791 - 800 of 5995 results for "Age"

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
The government has published its draft legislation and is seeking feedback on its proposed reforms, which aim to strengthen the integrity of the tax system and regulators' powers in response to the recent PwC scandal. The new legislation outlines changes ...

Younger Aussies want advice but don't know how to get it: CFS

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
Over half of Millennial and Gen Z Australians are keen to seek financial advice but the bulk of them don't know how to access it, a study from Colonial First State shows. According to research commissioned by CFS, 53% of under 40s are open to advice ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... drawdown is also complex. Citing a 2022 study by actuary and head of innovation at Optimum Pensions Jim Hennington, some 840,000 Age Pensioners (about a quarter of those over 65) are currently impacted by complex means tests. "They can receive highly ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
Close to 80% of local investors adjusted their investment strategy towards a more conservative approach in the last six months, according to HSBC's latest investor survey. The second iteration of the group's Investor Insights Survey found that ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
The number of Australian investors holding more than $1 million of investable assets increased by 10,000 in the past year to 635,000, according to Investment Trends' latest research. The 2023 High Net Worth Investor Report, sponsored by Praemium, is ...

ISPT appoints risk, legal chief

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
ISPT has added Andrew Dean to its executive leadership team as chief legal, risk, and safety officer. Dean has over 15 years' experience leading legal, risk, and safety teams in the property industry across the Asia Pacific region. In his new role ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... months. Some 62% of the 6000 participants surveyed forced themselves to cut back on spending, while 36% sought to access the Age Pension for additional financial help. About one-third of respondents had a net household income of $1500 or less per fortnight ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
First Australians Capital (FAC) has named Benson Saulo as its managing partner as it receives a $9 million grant from the Paul Ramsay Foundation (PRF) to drive future expansion and development. Saulo, who commences the role effective immediately, will ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
The latest sitting of the financial adviser exam returned a 73% pass rate. The August sitting saw 205 candidates attempt the exam. Of these, 150 passed. About 72% of the candidates were sitting the exam for the first time, ASIC said. The 150 candidates ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... Investment Managers' Global Retirement Index (GRI) assessed retirement across 44 countries. It found the median retirement age across all countries surveyed was 61. However, in Australia it's 65. In this year's index, Australia ranked seventh for ...