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Showing 1 - 10 of 164 results for %22Aged Care Act%22

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... the government providing educational material to members to better understand how large unforeseen expenses such as aged care and medical expenses affect their nest egg. Such new laws can lead to super funds assisting or nudging members to "better settings ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... government in a bid to deliver better economic equality for women. Given that the median superannuation balance for women aged 65+ years was $168,000, compared to $208,200 for men in the 2019-20 financial year, the taskforce is pushing for the government ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... CarePlus product achieved its highest quarter of sales since launching in 2015, reflecting the growing opportunity in aged care. Consistent with growing longer duration business, Challenger said retail fixed term annuity sales of two years or more increased ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... bid to tackle a lag in the employment rate of First Nations people. According to the paper, in 2021 Indigenous Australians aged 15 to 64 had a 52.2% employment rate compared to 74.6% for non-Indigenous people in the same age group, a 22.4% gap. The partnership ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... Pension varies considerably with the value of the pensioners' assets rather than the amounts they drawdown," he said. Aged care also weighs heavily on retirees' minds for a variety of reasons, ranging from human vulnerability to the incidence of dementia ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... achieve their investment goals," D'Souza added. The research, conducted last month, included 1056 Australian investors aged over 18 years.

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... property portfolio into alternative property sectors such as industrial property, US Residential debt strategies and aged care has helped balance outcomes. "A combination of structural and cyclical changes have influenced supply and demand dynamics in ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... established the Retirement Advisory Board in 2021 to engage industry leaders to tackle issues concerning superannuation, aged care, and retirement.

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... have removed their public sector wage growth caps, New South Wales and Victoria, and we've also seen a 15% rise in aged care wages. All of those things could build upwards pressure on wage growth." Oliver acknowledges, currently economists sound ...
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