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Showing 961 - 970 of 8317 results for "Retire"

GSFM welcomes new chair

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
Following the retirement of its founder and executive chair Andrew McKinnon, GSFM has appointed his successor to its board. Robert Johanson has joined GFSM as the new chair, effective October 1. Commenting on the appointment, GSFM chief executive Damien ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
NASDAQ-listed alternatives fund manager TPG will acquire a major stake in six assets of Growthpoint Properties Australia's industrial and logistics portfolio. Terms of the agreement will see the US fund manager's subsidiary TPG Angelo Gordon ...

HESTA snags AMP head of compliance

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
HESTA has named a general manager, compliance, recruiting the head of risk and compliance from AMP's superannuation business. Tim Pietsch has taken on the role and brings extensive experience across the financial services sector to the fold. He joins ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... 50-year-old woman earning an income of $55,000 with a super balance of $95,000, who is single, owns her home, and plans to retire at 67. For this scenario, the default retirement income projected by calculators varied by 74%, ranging from $29,928 to ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
The Infrastructure Fund (TIF), Australian Retirement Trust (ART) and State Super have offloaded Queensland Airports to private equity giant KKR and Atlassian co-founder Scott Farquhar's family office, Skip Capital. Queensland Airports comprises Gold ...

AustralianSuper appoints first chief liquidity officer

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
AustralianSuper has appointed Chandu Bhindi as the fund's first chief liquidity officer, effective January 2025. Bhindi joins AustralianSuper from Commonwealth Bank, where he was responsible for the group's funding and liquidity and most recently as ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
The largest industry superannuation funds hold a substantial portion of the entire market capitalisation of the Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
Older Australians are increasingly seeking financial advice in relation to aged care costs, new research from Challenger and National Seniors Australia shows. According to the study, calculating aged care costs has become a dominant concern for older ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ...