At A$4.5 trillion ($3.2 trillion), Australia’s pension system is the fourth-largest pool of retirement savings in the world — and the fastest-growing among major markets. It’s expected to overtake the ...
One of Australia’s biggest pension funds, Rest Super, is on the hunt for more private markets investments in the US, underscoring the strong appetite from the country’s fast-growing A$4.5 trillion ($3 ...
Canada operates the world’s second-largest pension system, while Australia’s A$4.5 trillion pool is No. 4, according to the statement. Canada’s system is forecast to hit $8 trillion while Australia’s ...
Canadian Finance Minister François-Philippe Champagne said he would raise proposals to change how foreign investors would be taxes on energy and infrastructure.
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 booming A$3.7 trillion ($2.5 trillion) pensions industry is proving a tough negotiator on asset management fees, as data reveals the funds often pay significantly less than others. A ...
(Reuters) -Australia's financial regulators have warned the country's A$4.5 trillion ($2.9 trillion) pension industry to speed up preparations for an estimated 2.5 million people due to retire in the ...
SYDNEY, March 7 (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 ...
SYDNEY, Jan 31 (Reuters) - Australia's prudential regulator said on Wednesday it will review how sections of the A$2.5 trillion ($1.7 trillion) pension fund sector value unlisted assets and that it is ...
SYDNEY, Feb 4 (Reuters) - Australia's corporate regulator ‌has warned the nation's A$4.5 trillion ($3.16 ‌trillion) pension fund industry it needs to invest more in systems and technology to better ...
SYDNEY (Reuters) - Law firm Slater & Gordon Ltd has filed a class-action suit against Commonwealth Bank of Australia seeking damages of more than A$100 million ($71 million) after the bank allegedly ...