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Showing 911 - 920 of 6228 results for "Money"

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 ...

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 ...