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Showing 81 - 90 of 10997 results for %22May 2009%22

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... classes. He certainly won't be forgetting where he's come from, though. "If I can do something positive at the high schools I may work with, it will be to help reset the way we talk about financial literacy," Dunnin said. "Almost everything I've heard ...

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... "However, the current capital market conditions have proven to be exceptionally challenging at this stage of our endeavour." In May 2023, the disruptor bank said it had about 12,500 potential customers awaiting its launch. At the time of handing back ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... leave payments, effective 1 July 2025. That is, if Labor is successful at the next federal election, expected to take place in May next year. The measure is expected to benefit 180,000 families annually. While available to all new parents, the payment ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... class is also said to pay monthly or quarterly income and greatly mitigate sequencing risk for lower-balance retirees who may need to draw down on capital periodically. "We note Challenger, the country's largest player in the annuities market, has recently ...

Melbourne advice firm joins Count

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... Kennedy added. Since the start of the year, Count has made several other deals including buying the accounting client book of May Klye & Associates, and divesting its 100% stake in subsidiary Bentleys WA to West Australian based firm Fortuna Perth for ...

AustralianSuper to deploy £8 billion in the UK

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... global investors so they choose the UK," Johnson said. "The UK-Australia free trade agreement, which came into force on 31 May 2023, includes comprehensive provisions on investment, which has made the UK an even more attractive place to do business." ...

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... February 20. According to the fund's factsheet, as at January end it had $494 million in funds under management. Since its May 2019 inception, it had outperformed the MSCI Emerging Markets New Total Return Index, recording a return of 3.79% against the ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Australian taxpayers may face an $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the ...

Nominations open for 30th annual MAX Awards

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... Consumer. Nominations close on Thursday, 28 March 2024. Once finalists are announced, voting will be open from April 15 to May 3. Winners will be celebrated at a live event in Sydney on Thursday 6 June 2024, which will also see the presentation of the ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... suggests annuities could appeal to risk-averse fund members," Rainmaker noted. Another potential market for annuities providers may be among retirees looking for bespoke, low-cost annuities that combine the characteristics of account-based pensions ...