Financial Standard Comments - FEATURE: Defending wealth Australia's retirees and those approaching retirement must fight harder than ever to protect their wealth. As rates fall and global growth slows, some are turning to riskier investments to preserve and guarantee their income in this unpredictable environment. https://www.financialstandard.com.au/feed/latest?story=50493374 Tue, 09 Jun 2015 14:51:57 +1000 Tue, 09 Jun 2015 14:51:57 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Richard S (Fraser) Another way of protecting wealth during downturns like this would be to allow retirees to draw less from their account based pensions. With interest rates at rock bottom and the share markets in turmoil, it would be a blessing if the government reduced the minimum drawdown to enable capital to be preserved until things pick up, particularly defensive stocks.

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]]> Richard S (Fraser) Tue, 09 Jun 2015 14:51:57 +1000