Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 6001 results for "Age"

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... survey also showed that only 42% of participants are confident about having enough super for retirement, while 43% believe the Age Pension will suffice if their super savings deplete. Delving further into consumer choice and behaviour, the survey indicated ...

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
A BlackRock subsidiary has been tasked with disposing the mortgage-backed assets of Silicon Valley Bank and Signature Bank that collectively amount to US$104 billion ($156.2bn). The Federal Deposit Insurance Corporation recently announced that it retained ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... fully implemented. Tax breaks on super currently cost about $45 billion a year and are estimated to surpass the cost of the Age Pension by 2036. As previously flagged Grattan wants to see super earnings in retirement taxed at 15%, pre-tax contributions ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... and fees. The final recommendation involves improving how super interacts with other parts of the retirement system like the Age Pension. Annual benefits paid out by superannuation as retirement income would be 10% higher each year, increasing to $38 ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... "Not only would this extra money improve the quality of life for individuals at retirement it would reduce the burden on the age pension," ISA said. The federal government has alluded to extending the Fair Work Commission powers to establish a minimum ...

REITs merit place in multi-asset portfolios: Insight

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
Real estate investment trusts (REITs) can play an important role in institutional portfolios through strategic and dynamic allocations, explained DWS Asset Management and GIC Capital Markets. In a joint paper, the firms said REITS can complement private ...

Love affair with managed accounts continues

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... what we're seeing is advisors are using managed accounts for a broader perspective of their clients." When it comes to age profiles, Brennan said two in five current managed account users indicated that clients aged 35-49 are appropriate to hold ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... moving to embed this in the law," said ISA chief executive Bernie Dean. The scheme has also increased the taxpayer-funded age pension burden, with every $1 taken out of super resulting in up to $2.50 extra added to future pension costs. "Having super's ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
A Retail Market Conduct Task Force report, issued by IOSCO, has revealed a series of escalating threats to retail investors. The findings will shape ASIC's strategic priorities concerning retail investor harm, focusing on crypto assets, sustainable ...