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Showing 1 - 10 of 5738 results for "PAC"

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
Some of the nation's leading economists shared their Factor-X - also known as an X-factor - for the year ahead at this morning's Chief Economists Forum in Sydney, led by the man who coined the term, industry veteran Don Stammer. Appearing at his 18 ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ...

Barings builds out local team

ELIZABETH FRY  |  MONDAY, 12 FEB 2024
Barings has beefed up its Australian team with the appointment of a head of wealth distribution. The US$351 billion investment manager has appointed Jonathan Baird as head of Australia wealth distribution. Baird joins from Income Asset Management Group ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
The Super Members Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
Opening up superannuation funds to more comprehensive financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute. In its submission to the Retirement Phase of Superannuation consultation ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
Aware Super will execute an executive reorganisation, adding an expanded chief operating officer role. Ex-HESTA chief financial officer Sally Collins will become the new chief operating officer of Aware Super, starting April 15. Incumbent chief operating ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
HSBC chief economist Paul Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA ...

MetLife Australia hires chief operating officer

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2024
The life insurer is welcoming a former CommInsure and AIA senior executive to the role. MetLife Australia has confirmed the appointment of Olivia Sarah-Le Lacheur to the position of chief operating officer, effective this week. Lacheur joins from AIA ...
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