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Showing 1 - 10 of 1776 results for "GDP"

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... contribution rate for their entire working life," Dunn said. "At this point the scale of the system (assets as a proportion of GDP) will no longer grow unless there are material system changes." By 2048, assets as a proportion of GDP will have grown ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... is followed by Switzerland (36%), South Korea (27%), Japan (25%), and Hong Kong (14%). Australians' nest egg pitted against GDP also increased drastically, with the ratios for Australia, Switzerland, South Korea and Japan jumping 37, 36, 27 and 24 percentage ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Two of the world's major economies fell into recession at the end of 2023. The UK's gross domestic product (GDP) fell 0.3% in the fourth quarter of last year following a contraction of 0.1% in September quarter, according to the Office for National ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... Australians over the past 12 months. The number one financial term, "equity", had an average of 9700 monthly searches, followed by "GDP", which was searched an average of 6000 times per month. The term "correlation" came in at number three, searched ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... This approach has led to a decrease in deficits and public debt projections, with gross debt expected to peak at 35.4% of GDP in 2027-28 before declining. "We will avoid $145 billion over 12 years to 2033-34 in interest costs on the debt we inherited ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... from an A-grade system." With superannuation balances forecast to increase from 116% of Australia's gross domestic product (GDP) in 2022-23 to about 218% by 2062-63, becoming the primary source of retirement income for many future retirees, the lack ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... budget package, finance minister Michael McGrath said laws will be introduced to mandate the government annually invest 0.8% of GDP into the new fund between 2024 and 2035. In 2024, this will be €4.3 billion. With an additional initial seed investment ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... run of consecutive rate hikes, the Monetary Policy Committee (MPC) noted a 0.5% decline in the UK's gross domestic product (GDP) in July. The Bank's internal forecasts now anticipate only a marginal uptick in GDP for Q3 2023. Underlying growth for the ...

XV Capital plots expansion, fund launch

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... quantitative research to predict team performance. "The sports sector already represents approximately 1% of Australia's GDP and we believe it's time investors had an institutional grade solution to access opportunities in this sector," Mortlock ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
Australians are pension-phase illiterate and blame the complex superannuation system for not understanding the basics about retirement, a new survey shows. A whopping 70% of 50-year-olds and over canvassed by AMP do not understand what an account-based ...
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