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Showing 831 - 840 of 6051 results for "Age"

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... balance, Knox said. Other suggestions for how Australia could improve include moderating the assets test on the means-tested Age Pension to increase the net replacement rate for average income earners; introducing a government superannuation contribution ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
Aware Super will now offer employees paid menopause leave, as the Finance Sector Union (FSU) launches an industry-wide survey on the impact of menopause and menstruation in the workplace in tandem with World Menopause Day. The Australian Institute of ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
Launching in late October, Source Wealth will provide flexible, goals-based advice backed by technology. Source Wealth founder Michael Sauer brings nearly a decade of experience in financial services to the firm, having served at Tribeca Financial ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... premiums rose by 4.1% to $17.9 billion in FY23, fuelled by inflation and market-wide pricing adjustments, some of which were age-related and others in response to increasing claim costs and recent years' losses. "Following the sustained period of unprofitability ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

legalsuper appoints finance chief

ELIZABETH FRY  |  MONDAY, 16 OCT 2023
The industry fund for the legal community has hired a finance chief but is still in the market for a new chief investment officer to replace Norman Zhang who resigned last month. legalsuper chief executive Luke Symons has announced the appointment of ...

Link shakes up board, names super industry veteran

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
Link Group will reduce the number of positions on its board and has appointed a superannuation industry veteran to refresh the line-up to reflect massive changes to its business model. Mark Lennon joins the ASX-listed firm as an independent non-executive ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... we know are coming our way in the years ahead. This fund will benefit all of us - the children of today, people of working age today, our pensioners - and of course future generations," McGrath said. "It will help us to meet the costs of running the ...

Vista acquires second practice

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... things: Capability, capacity, and opportunity. Looking at Jason's client book, he has an ideal client base in terms of age and demographic that complements ours. We could also leverage Jason's skill sets in client engagement and client experience ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
While 67% of Australians feel confident they'll be able to leave a legacy when they pass away, only 14% actually have a plan in place to do so, according to new research from Generation Life (Gen Life). In June, Gen Life commissioned global research ...