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Showing 1021 - 1030 of 1242 results for "Retirees"

PIMCO appoints insto specialist

MATT WOODINGTON  |  MONDAY, 6 JUN 2011
... provide reliable income streams for members is becoming a higher priority as funds serve an increasing proportion of retirees." Frerer has spent 24 years working in financial services, across investment banking and fixed income markets, most recently ...

Retiree internet use hits 80 pct

ALEX DUNNIN  |  WEDNESDAY, 1 JUN 2011
... contained in the 2011 Sensis Social Media Report reveals a fundamentally different picture. It found that 80 per cent of retirees access the internet. While this is one-fifth lower than the 98-100 per cent of Gen-X (32-46 year olds) and Gen-Y (17-32 ...

Dropping home ownership rates leave retirement funding hole

ALISON BEVEGE  |  TUESDAY, 31 MAY 2011
Falling home ownership rates mean a quarter of all future retirees may not own their own home, undermining key assumptions of previous retirement affordability studies, REST Industry Super said yesterday. The worrying figures come from research tabled ...

Signature scam adviser banned for life: ASIC

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... firm is also hoping to back a separate action, a $20 million group claim on behalf of 60 clients - mostly self-funded retirees - against King, ASANDAS and Stripe. Leveraged Equities would not be named in that action, Rainford said. The main worry for ...

BT adopt retirement strategy with new head

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
... retirement. "As the industry undergoes significant change, the challenge is to be really clear about what our new generation of retirees wants and to be creative in tailoring solutions to meet their needs." Greenhalgh role starts June 6, he will report ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... male on a pension of $37,452 per annum, Challenger figures said. While superannuation can be taken out as a lump sum, retirees need a constant dependable and regular cash flow to support them for three decades and sometimes longer. The former head of ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... minor tinkering with super and fewer tax changes meant it was benign for the financial services industry. Self-funded retirees aged 55 to 65 will not be forced to take 4 per cent of the balance of their account-based pension after July 1, after a Federal ...

Legg Mason funds plug retiree gap

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
Legg Mason targets retirees with its real income and Australian equities income trust funds, changing from the 'usual' accumulation versus de-accumulation design to better accommodate advisers and their clients. Legg Mason said in their white paper ...

SMSF trustees hit pension payment woe

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
... they are then forced to sell something from their portfolio to make the payment. Hutton said this was partly because retirees tend to focus on returns and how long their savings will last while overlooking the need to have cash available throughout the ...

Planners struggle to sell practices as values fall

ALISON BEVEGE  |  TUESDAY, 12 APR 2011
... valued at multiples of the annual recurring revenue provided by clients. For example, the value of recurring revenue of retirees in a practice has stayed level at 2.5 over the last three years. That means if $100,000 is accumulated each year from those ...