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Showing 41 - 50 of 1095 results for "retirees"

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... domestic product (GDP) in 2022-23 to about 218% by 2062-63, becoming the primary source of retirement income for many future retirees, the lack of a mandated income stream is an issue. Mercer senior partner, and lead author of the MCGPI, David Knox said ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... time." Sauer said Source Wealth will provide goals-based advice for all clients, ranging from young professionals to retirees, across cash flow and goals projections, budgeting, debt management, investments, superannuation, insurance, asset protection ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... unveiling several enhancements to its platform, including the launch of new investment options targeting accumulators and retirees. HUB24 is launching a new investment option that targets advised clients with smaller amounts of investible assets and ...

Allianz Retire+ welcomes head of technical services

CHLOE WALKER  |  MONDAY, 9 OCT 2023
... advisers to deliver a suite of retirement income solutions," Aboud said. "We are committed to solving the issues facing retirees, super funds and advisers." Aboud added that there is undeniable momentum from the industry to address the needs of retirees ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... them achieve those goals and their perceptions of financial advisers. The respondent base had quotas of at least 15% retirees, 15% over-50 (aged 50-84), 15% high-net-worth individuals (HNWIs) and 15% ultra high-net-worth individuals (UHNWIs). While $224 ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... insurer, Allianz has the scale to deliver a guaranteed income for life addressing the biggest concern for Australian retirees living frugally in retirement due to fear of running out of money. "Partnering with an established life company enables super ...

TelstraSuper revamps strategy team

ELIZABETH FRY  |  FRIDAY, 29 SEP 2023
... Botswana. Eight years ago, before joining TelstraSuper, he set up a software company called 10E24 which aims to help retirees financially navigate their retirement. Buoyed by the Retirement Income Covenant, pension funds are gearing up to meet a growing ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... number are "extremely concerned" about the rising cost of living. In addition to regulatory, longevity and return risk, retirees need to manage a complex tax code and social security system. Further, figuring out the exact amount retirees should drawdown ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... to make lump-sum withdrawals from their superannuation accounts. ASFA's submission noted that only a minority of retirees are likely to enter residential aged care. Therefore, creating designated "buckets" within retirement savings for specific needs ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... be further expanded to retirement products. Labelling it "a major blindspot", O'Halloran said: "This leaves Australian retirees without protection when they need it most... there's little transparency over retirement products' fees and performance, and ...