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Showing 1 - 10 of 1092 results for "retirees"

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... than inflation more than 70% of the time, for positive returns this sometimes required a 16-year investment horizon. "Retirees do not have this luxury, meaning they are at heightened risk to the impacts of inflation and need a hedge in their retirement ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... $690,000 that it says is needed for retired couples to live in comfort and $595,000 for a single retiree. More than 2200 retirees canvassed by CFS in its Rethinking retirement report found that they have different definitions of what comfortable looks ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... recently launched HUB24 Discover, which targets advised clients with smaller amounts of investible assets and later stage retirees, recorded an FUA of $75 million. "The incremental platform revenue margin on market movements can be lower than the total ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... identify financial security as an area they wish to improve, highlighting the work we must do as an industry to safeguard retirees' golden years and foster a better, happier retirement. "Reassuringly retirees felt their happiness would improve with access ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
In his annual letter to investors, BlackRock chair and chief executive Larry Fink said providing people a secure, well-earned retirement is much more challenging now that it was 30 years ago, and it will be "much harder" in the future. As such, Fink ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... provides "real opportunities as well as challenges" for the industry to innovate and develop retirement products to enable retirees to manage the dual risks of longevity and investments, while still being simple and easy to understand, Deloitte noted ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... Since then, those aged over 55 could spend their pension how they please, including withdrawing 25% tax-free. Previously, retirees were forced to buy annuities to see them through their later years. Following the review, the FCA is concerned there is ...

ASFA Retirement Standard hits record high

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... months the cost of domestic holiday travel and accommodation rose by 3.9%," Delahunty added. ASFA concluded that it finds retirees continue to face significant cost pressures on their household budgets due to high insurance, electricity, and food pri ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... care, which is entirely appropriate - given the true objective of super." She added the phase out of RADs will also lead retirees to have greater confidence to draw down on their super in retirement. "However, even with a maturing superannuation system ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... The asset class is also said to pay monthly or quarterly income and greatly mitigate sequencing risk for lower-balance retirees who may need to draw down on capital periodically. "We note Challenger, the country's largest player in the annuities market ...
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