Tag: retirement

Acquisition of Calavo Growers completed May 28, 2026

Sydney, Australia, June 07, 2026 (GLOBE NEWSWIRE) -- With annual inflation at 4.6% in the year to March 2026 and roughly 4.4 million Australians now aged 65 and over, retirees face a sharpening challenge: turning a lifetime of savings into income that keeps pace with the rising cost of groceries, fuel and everyday essentials. The pressure is compounded by longevity, with many Australians spending two or even three decades in retirement, and by a shift in mindset that retirement itself demands. In the accumulation years, investors can ride out market volatility and recover losses over time; in the drawdown phase, with shorter horizons and less capacity to recoup losses, the priority moves to predictable income and preserving purchasing power. To learn more visit https://termplus.com.au/insights-news/news/turning-savings-into-reliable-monthly-income-in-retirement/

Sanofi launches 2026 global employee stock purchase plan

TOKYO and NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) announced that Apollo-managed funds (the “Apollo Funds”) completed the sale of their interest in ALTEMIRA Holdings Co., Ltd. (“ALTEMIRA” or the “Company”), a leading pan-Asian aluminum packaging company, to funds managed by MBK Partners.

Sydney, Australia, June 02, 2026 (GLOBE NEWSWIRE) -- With the Reserve Bank of Australia cash rate at 4.35% and annual inflation running at 4.6% in the year to March 2026, self-managed super fund trustees are under pressure to find income that keeps pace with the rising cost of living. Australian Taxation Office data shows SMSF allocations to cash and deposit products have fallen to 16.3% of sector holdings, a record low, as trustees look beyond traditional cash products for the income side of the portfolio. One category drawing attention is fixed-term investment accounts underpinned by global private credit, an asset class that has reached US$3.5 trillion globally, according to the Alternative Credit Council's Financing the Economy 2025 report, and has been one of the fastest-growing asset classes in the world over the last 15+ years. To learn mroe visit https://termplus.com.au/term-account-smsf/

SAN DIEGO, CA, Aug. 15, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") today announced the retirement of Chairman and Co-founder Ben Errez, effective August 31, 2025. RYVYL is repositioning its business to focus on crypto treasury management, beginning with a core strategy centered on building a crypto treasury to support long-term growth.