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Showing 921 - 930 of 5998 results for "Age"

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Operating a financial advice practice is set to become easier and cheaper under a raft of measures the federal government has introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
ASIC will tighten its scrutiny of greenwashing as part of the Labor government's crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
The federal government has delivered a small surplus of $4.2 billion for 2022-23, the first in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller ...

Next generation stands by family adviser: Survey

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... $1.5 trillion has been passed on to the next generation since 2002, according to the Productivity Commission. The average age of the recipient is 50 years old and inherits about $125,000. Nuveen head of global sales and adviser development Joy Crenshaw ...

Work, retirement redefined: Vanguard study

CHLOE WALKER  |  MONDAY, 8 MAY 2023
According to Vanguard's inaugural How Australia Retires report, many working-age Australians are not only changing their expectations of life before retirement, but also reshaping expectations of what retirement means to them. Vanguard's survey of more ...

Last chance to vote: MAX Awards

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
Voting for the 29th annual Financial Standard MAX Awards will close at 5pm today. So far, the nominees have received 2494 votes in total. The MAX Awards look to celebrate the best and brightest in financial services marketing, advertising, and sales ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... largest share of assets under management (AUM) in the pension phase. Meanwhile, as the baby boomer generation reaches retirement age, with over half having reached 65 by 2020, APRA predicts that 3.6 million Australians will retire in 10 years from 2021. ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
Industry funds have solidified their dominance with a remarkable increase in market share, largely at the expense of public sector funds, according to a KPMG report. The KPMG report revealed a "massive" market share increase for industry funds, growing ...

HESTA revamps insurance offering

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... because the way in which the fees are charged will change. From July, the fees paid by members will be based on their actual age and the amount they pay each year will change on their birthday. Currently, fees for unitised cover is grouped in age bands. ...

GBST acquires WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
GBST has bolstered its fintech portfolio by acquiring WealthConnect, the flagship product of the now-defunct financial software provider Creativemass, for an undisclosed amount. WealthConnect is a digital practice management, customer relationship management ...