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Showing 861 - 870 of 1872 results for "Young"

Industry fund adds board director

JAMIE WILLIAMSON  |  FRIDAY, 13 APR 2018
A $9.2 billion industry superannuation fund appointed a new board director. Vision Super welcomed Australian Services Union executive president Lisa Darmanian in March, bringing the number of women on its board to four. "Lisa brings valuable experience ...

Robo-advisers a hard pill to swallow for Aussie investors: CFA

KANIKA SOOD  |  THURSDAY, 12 APR 2018
Australian retail investors are more likely to trust human financial planners over robo-advisers - and by an overwhelming majority, according to the CFA Institute's 2018 survey of investor trust. More than 80% of the Aussie retail investors surveyed ...

Default options safeguard retirement savings: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
A University of New South Wales research initiative believes default superannuation and retirement options could prove beneficial in combating poor financial decision-making brought about by cognitive decline. Fresh insights from the ARC Centre for ...

ASIC slaps fines on Spaceship and its trustee

KANIKA SOOD  |  TUESDAY, 10 APR 2018
... to make well-informed financial decisions; particularly in this case given the Spaceship Fund was specifically targeting young investors," ASIC deputy chair Peter Kell said. In October, Spaceship GrowthX shuffled its investment mix to place 50% of the ...

Fortnum lands investment veteran as chairman

KANIKA SOOD  |  THURSDAY, 5 APR 2018
Fortnum Private Wealth appointed a former Merrill Lynch chief economist to chair its investment and insurance committee. Joining Fortnum is Nigel Douglas. He has headed research at several top financial institutions in a career spanning 30 years. Douglas's ...

Merged super funds save $30m for members

KARREN VERGARA  |  WEDNESDAY, 4 APR 2018
... premiums for life product members by an average of 20%. From 1 July 2018, Sunsuper will adopt a tiered cover approach to allow young people, low income workers and part-time and casual staff to keep their insurance cover without diminishing their super ...

How much do you need to feel financially free?

KANIKA SOOD  |  TUESDAY, 3 APR 2018
... the average Australian women pegged it at. The gender disparity in expectations was more pronounced among younger people - young men swelled their needs by $220,000 over the previous year while young women axed them down by $57,000. Overall, women are ...

Industry fund launches lifecycle default option

KARREN VERGARA  |  TUESDAY, 3 APR 2018
A $7 billion industry superannuation fund is launching a default option that will automatically adjust with members' age. The Australian Catholic Superannuation and Retirement Fund's LifetimeOne option, to be launched in May, aims to give members better ...

New super fund combats account erosion for young Aussies

JAMIE WILLIAMSON  |  WEDNESDAY, 28 MAR 2018
A new superannuation fund is aiming to address the needs of Australian university students and young professionals. Student Super plans to give young Australians a head start when it comes to superannuation, saying the first decade of super contributions ...

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
... combating the 'erosion' component of the code, from 1 July 2018 Sunsuper will adopt a tiered cover approach which will allow young people, low income workers and part-time/casual staff to still have insurance cover without diminishing their super balances ...