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Showing 1041 - 1050 of 1358 results for "Retiree"

Innovative income fund pays dividends

MARK STORY  |  TUESDAY, 25 SEP 2012
... Plato's founder and managing director, Dr Don Hamson is delighted that fund's high level of after-tax income has provided retiree clients with what he regards as a real lifestyle enhancement. "The fund also generated capital growth which is vital to ...

Enduring baby boomers redefine retirement

ALEX DUNNIN  |  MONDAY, 24 SEP 2012
... transform the generation through their lifestyles. Driving the change, adds Salt is longevity. While 40 years ago the average retiree would survive only six years, today the average retiree will be around for a quarter of a century (24 years) once they've ...

New MLC product protects retirees from volatility

LINDA HAUSKEN  |  THURSDAY, 20 SEP 2012
MLC has outlined plans to launch a new MasterKey Investment Protection product to help Australians protect their retirement savings from ongoing volatility in equity markets. MLC's new retirement product offers two forms of protection, protected capital ...

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
New research has prompted the Financial Services Council (FSC) to call for longer working lives, to plug a massive retirement savings hole caused by people outliving life expectancies. Australians who live longer than current life expectancy will face ...

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
New research suggests that the untargeted nature of tax concessions - the mainstay of Australia's universal superannuation system - make them highly inefficient. The Australia Institute's (TAI) recently released study, 'Can the taxpayer afford 'self-funded' ...

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
The Australia Institute (TAI) has just released a study, 'Can the taxpayer afford 'self-funded' retirement", where they reveal that within five years, according to the Commonwealth Budget Papers, the costs of the nation's taxation subsidies will climb ...

Polarisation of super dubbed "shocking" by UK manager

MELANIE TIMBRELL  |  THURSDAY, 9 AUG 2012
... leverage less likely to find appeal. Russell Hogan, director at Dundas Global said that in terms of the self-directed retiree market, annuities are "no magic bullet," although they have a place alongside other income components. Hogan referred to the ...

Retirement income the big challenge

MELANIE TIMBRELL  |  MONDAY, 6 AUG 2012
Australia has achieved a world-class superannuation savings scheme, but retirement income remains a significant challenge, according to one manager. Alan McFarlane, chief executive officer at Edinburgh-based Dundas Global Investors said the Australian ...

Annuities regaining acceptance: Challenger

ALEX DUNNIN  |  FRIDAY, 3 AUG 2012
Life annuities sales have increased rapidly following the GFC's onslaught on retirement assets, but investors and advisers are still wary about what happens to their capital if they don't live long enough to exhaust the annuity. "We now sell in a month ...

Retiree living costs match CPI

ALEX DUNNIN  |  THURSDAY, 2 AUG 2012
The Pension Beneficiary Living Costs Index rose 0.5% for the June quarter 2012 and 1% across the last 12 months, matching regular inflation. The index, measured by the Australian Bureau of Statistics, tries to capture changes in living costs for retirees ...