Archive
Australian super assets continue to grow
“Source: Money Management, February 6th, 2014″
New research released by Towers Watson has confirmed the underlying strength of Australia’s superannuation regime, revealing that the nation’s superannuation assets have experienced the highest growth rate of the world’s 13 largest pension markets over the past 10 years.
Half of Australians not confident managing money
“Source: Financial Standard, January 30th, 2014″
Little over 50% of all Australians aged over 14 years old feel confident when it comes to managing their finances and investments, and nearly a third never spend time understanding how financial products work.
In contrast, 47.5% of Australians do not feel confident when managing their money, an annual Roy Morgan Research Consumer Single Source survey of 50,000 people found.