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Showing 871 - 880 of 6183 results for "Money"

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 ...

Former AUSIEX chief to join Investment Trends

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
... Investment Trends research director Dougal Guild said that with interest rates on the rise, the proportion of new client money going into cash, term deposits and other fixed income products has increased by 43% this year, the highest it's been in ...

Nowhere has there been more change than super: Byres

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... said. "Transparency has been key to increasing the discipline on trustees to ensure they are always managing members' money in their best interests." Byres cited that the transparency afforded by APRA's heatmaps and the performance test has been ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
... $1.81 billion of this is in managed funds and $4.37 billion is in superannuation. The manager now holds no institutional money following a final redemption by an institutional client that amounted to $183 million. Excluding the redemption, the business ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... have an adviser in the centre of the conversation. "So we're focused on a customer problem, which is they're not spending money in retirement and the critical role advisers play in setting investment strategy, setting deferral periods for income and ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... to retire or in retirement, only 59% of those aged over 55 said they had a high degree of confidence they'd have enough money to be comfortable. Further, 33% said their fund didn't empower them to plan and prepare for retirement; last year one in four ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... of small funds remaining in this industry that have relatively small number of members and a relatively small amount of money under management. "So, in terms of ongoing consolidation for the foreseeable future, I don't think we feel that there are ...

Court dismisses Mayfair 101 appeal

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
... injunction was "too broad and unworkable". Mayfair must now also pay ASIC's costs of the appeal. Mayfair 101 investors' money remains frozen, with about 500 people owed more than $210 million, according to the regulator. "ASIC pursued this case ...

Proposed CFD class action targets IG Markets

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
... for difference (CFDs). The proposed action involves up to 20,000 "everyday Australian investors" who apparently lost the money trading CFDs which the claim alleges are consistently marketed to inexperienced investors by IG Markets. It also alleges IG ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... equity mid-market sector." What's working for First Super is its $200 million private equity mandate. "We're putting money into mature cash-producing businesses worth around $50 million," Watson explains. "There are no J-curve issues, they're ...