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Showing 861 - 870 of 6182 results for "Money"

Confidence in a 'comfortable' retirement nears lows

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... providing both education and advice at this stage of life, he added. Meanwhile, the report found that fear of not having enough money to retire is driving non-retirees to seek retirement-related information and wanting to be better prepared. Non-retirees ...

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... threshold. "It's not why it's here to have these mega balances and so I think it does need to change. I'd prefer to divert that money to low-income balances, females who have time out of the workforce - there's plenty of other places I'd rather that ...

The great wealth transfer at risk: Research

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
Young Australians are putting billions of dollars of inheritance at risk with their current money management behaviours, according to new research from Findex. The research, commissioned by Findex, explored the spending, saving, and investing behaviours ...

Former Courtenay House director pleads guilty

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... Trade which offered a 15% return with 20% risk. Investors received weekly emails advising profit has been made, however the money was put towards the scheme. Iervasi also pleaded guilty to one charge of carrying on an unlicensed financial services business ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... be less of a problem in Australia due to energy prices not doubling as we've seen in Europe. Wage growth remaining lower, money tightening by central banks (risking a sharp slowing in global growth and inflationary pressure) as well as US upstream price ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... of respondents don't think they'll have enough super to stop work, and just 18% believe they'll amass enough money to retire "comfortably." For reference, the ASFA Retirement Standard defines the super balance required to achieve a comfortable ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... occurred over a substantial period of time and affected a large number of customers, leading to a significant amount of money needing to be remediated, the presiding Justice O'Callaghan said. "There was also a significant delay in identifying impacted ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... little bit more on the term deposit, but it's not a lot," Knox said. "And of course, for pensioners, who have very little money other than the pension, there's no change. The government is not physically handing out lots of money to pensioners. ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... on close to 121,000 occasions and to the tune of more than $4.3 million; failure by both companies to comply with client money reconciliation requirements; failure by both to provide accurate confirmations to customers for certain transactions; and CommSec ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... Aaron Minney says that many must now rethink their whole approach to wealth management. "Given retirees have to make their money last, on average, for around 24 years compared to 13 years in the 1970s, finding a solution is critical to the health of ...