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Showing 81 - 90 of 229 results for "Aussies"

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Super Consumers Australia has launched a new consultation attempting to calculate exactly how much Australians need to retire in comfort. One of the findings of the Retirement Income Review was that retirees do not confidently spend their retirement ...

More UHNWIs than ever: Report

CHLOE WALKER  |  WEDNESDAY, 2 MAR 2022
... world's most passionate collectors, wine (16%), watches (16%) and art (13%) topped the list of luxury collectables for Aussies. "In 2021, the worldwide total sales of watches recorded an increase of 54% on the previous year - proving that public sales ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... (23%) currently own cryptocurrency, up from 18% in September 2021. This figure is expected to grow as about 3.5 million Aussies plan to invest in cryptocurrency this year. Nearly one in three Millennials (29%) plan to invest in it the coming 12 months. ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
... value the more exposure we have to each child," he said. With the right skills and support, Scifo is hopeful that young Aussies will thrive and be able to afford a house within the next 10 years. "The stakes for these guys are much higher than they were ...

Hejaz hires three senior leaders

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... Innovation Group Australia. About 1.2 million Muslims in Australia want to save, invest and buy houses just like other Aussies, Hejaz chief executive and founder Hakan Ozyon said. Hejaz's ambition is to provide a full range of services to help them ...

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... Global Defined Contribution Participant Survey by MFS Investment Management of 4000 respondents found that only 71% of Aussies are confident about retiring at the right time, lagging behind those in the US (84%), Canada (84%) and the UK (76%). Aussie ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... worried about the political risks they face once they are retired, research suggests. Illness remains the biggest worry Aussies face in their later years, but regulatory changes that affect their nest eggs has risen two-fold from 19% last year to 41% ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

Super advice gains traction: Research

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... guidance. This is according to Investment Trends' 2021 Financial advice report, which found that only 1.8 million Aussies use a financial adviser, a figure that has been on the decline by 100,000 per year since 2020. Perceived high costs and lack ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
The majority of Australians are unaware of the effects of the Your Future, Your Super (YFYS) reforms and could potentially be stapled to an underperforming fund for good. The YFYS stapling requirement comes into effect today and will see around one ...