Australia’s largest pension fund is planning to reduce its allocation to global equities next year, amid signs that the artificial intelligence boom in the US stock market could be running out of ...
With its hot weather, sandy beaches and high chances of a barbecue, Australia has long been a favourite for Britons searching for a sunny retirement. The tax advantages of living down under only add ...
The Australian government has announced that the age pension and eligibility criteria for part pensions will be updated, effective 20 March. This adjustment includes an increase in the base age ...
Australia’s A$400bn AustralianSuper plans to cut global equity holdings because the AI-driven US rally looks overheated.
Australian pension and wealth firm AMP Ltd. has become one of the nation’s first large retirement managers to invest in cryptocurrency products, allocating about A$27 million ($17.2 million) to ...
Simply sign up to the Pensions industry myFT Digest -- delivered directly to your inbox. Australian pension funds will make more than $1tn of new investments in overseas markets over the next decade, ...
SYDNEY (Reuters) - Australia said on Thursday that it would make pension contributions for workers who take paid parental leave, the latest effort by the centre-left Labor government to address gender ...
SINGAPORE/SYDNEY (Reuters) -Funds in Australia's A$4.2 trillion ($2.7 trillion) pension sector are rethinking some of their long-held strategies of buying U.S. assets and the dollar, as confidence in ...
SYDNEY, March 2 (Reuters) - Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their savings ...
SYDNEY (Reuters) -Hackers targeting Australia's major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund, according to a source with knowledge ...