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Showing 791 - 800 of 6133 results for "Australians"

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted to hit $42 billion ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... retirement. "The supply of advisers and high regulatory burden have increased the cost of financial advice, with many Australians now unwilling, or unable to access it. As a result, fewer people are getting the advice they need to prepare for retirement ...

Rising HNW numbers fuel need for specialist advice

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... bringing with it increased demand for estate planning, tax optimisation, and investment strategy advice. About 690,000 Australians are now considered HNWs, up from 635,000 last year, new insights from Praemium and Investment Trends show. Collectively ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
A Natixis Investment Managers study shows 40% of Australians don't think they'll be able to fund their own retirement, while 50% are actively avoiding thinking about it. Still, they're faring better than many other nations. According to the 2024 Natixis ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... policies, looking to address concerns around discriminatory practices, underinsurance, and a growing aversion among Australians to seeking possibly life-saving genetic testing. In 2019, a moratorium was introduced on the requirement to disclose the results ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... government's money, it is not the superannuation industry's money, it is your money. The Coalition believes Australians should have the choice to use their superannuation entitlements to help them live their lives," the statement said. "Under ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... adequately consider changes. "The objective embeds the principle of preservation - ensuring that the retirement savings of Australians are protected from the whims of ideology and providing certainty to people who have worked so hard to set money aside," ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Seventeen of Australia's superannuation and pension funds now rank in the top 300 worldwide by assets, including one new entrant. However, it's not all good news for the government funds that made the cut. That's according to the latest ...

Hostplus launches digital advice platform

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... technology and data to deliver engaging, personalised digital advice journeys. "Research shows that around 11.8 million Australians have unmet advice needs," Willmer said. "The ability to access digital advice through your super fund provides an alternative ...

Westpac names new chief executive

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... its next phase under Anthony." Miller said Westpac "plays a profoundly important role in the lives of millions of Australians." "I'm excited by the opportunity and I'm grateful for Peter's significant contribution as chief executive. My aspiration is ...