Australia’s pensions regulator said some funds in the A$3.9 trillion ($2.6 trillion) industry aren’t valuing assets such as private equity and property frequently enough. The Australian Prudential ...
For many Australians, the family home is the biggest asset they will ever own. In retirement, it can also be the biggest source of financial security – or financial stress. Rising living costs, ...
Australia’s pension giants are adding currency risk as their offshore assets surpass half of all investments, with desire for diversification outweighing fears the US dollar’s haven appeal is waning.
A new warning has been issued to 4.3 million Australians who fear they may outlive their retirement savings, leaving them dependent on the Centrelink age pension. Experts caution that this growing ...
Bureaucrats have begun a painstaking process of reviewing individual business rules in their 40-year-old Centrelink IT system, after an audit revealed $5 billion in incorrect age pension payments. The ...
Thousands of people are missing superannuation benefits because they don’t understand critical age milestones that could save ...