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Showing 1041 - 1050 of 1242 results for "Retirees"

Longevity products in early stages

ELISE BURGESS  |  THURSDAY, 11 NOV 2010
... receive a promised fixed lifetime payments beginning when they turn 85 years old. Principally, longevity products allow retirees to hedge economically from living beyond what they are financial able to afford. The risk of longevity insurance is not usually ...

End the factions: Shorten

RUTH LIEW  |  THURSDAY, 11 NOV 2010
... and using a wider angle lens look to assess your response to what we're proposing to do from a national interest - and retirees interest - perspective," he said. In addition to urging the audience to put forward a more united front, he also called superannuation ...

Challenger buoyed by annuities, boutiques

JOHN MCDULING  |  TUESDAY, 19 OCT 2010
The guaranteed income streams provided by annuities continue to prove popular with Australian retirees post GFC, with Challenger Financial Services posting another record quarter for its annuities' business. In figures released yesterday, Challenger ...

PAS supports Paceline

ELISE BURGESS  |  THURSDAY, 14 OCT 2010
... to raise $60,000 for heart research, joining the list of super funds helping to secure funds for charities affecting retirees. The Paceline ride involves 20 riders and 2 support crew traveling 1100km from Adelaide to Melbourne to help raise awareness ...

Retiree living costs fall despite CPI jump

NEWS RELEASE  |  TUESDAY, 12 OCT 2010
... those seeking a 'modest' retirement lifestyle need to spend $30,382 a year. The decrease in costs over the quarter for retirees at around 0.2 per cent compares to the 0.6 per cent increase in the All Groups CPI, although the latter figure was affected ...

Key planners crucial when planning firms sell

RUTH LIEW  |  MONDAY, 11 OCT 2010
... wants to benefit from. First, Birt said buyers are interested in the average age of the clients because the ratio of retirees versus accumulators (40 to 50 years) will influence what cross-selling opportunities are available to the business. Second ...

Fiduciary duty goes beyond APLs

RUTH LIEW  |  TUESDAY, 31 AUG 2010
... advisers' needs. "The APLs that a private bank would have would be different to a group where all their clients may be retirees," he said. Some firms can afford to have large internal resources, while others run on leaner operations, he pointed out. ...

Australians up on luck, down on savings

ELISE BURGESS  |  TUESDAY, 31 AUG 2010
... September 2009 Retirement Income Report, which surveyed 2,178 people aged 40 and over, found that 67 per cent of pre-retirees believed they did not have enough savings for their retirement. "Only nine percent of respondents feel they have enough super ...

More wealth mgmt on web

ELISE BURGESS  |  MONDAY, 30 AUG 2010
Next generation investors and retirees will be relying more on the web for 'rich media' updates on how their investments are faring, said a finance technology expert. Barbara Cooke, communications director at Thomson Reuters, told the attendees of last ...

Big four banks have Gen Y appeal: study

NEW RELEASE  |  WEDNESDAY, 25 AUG 2010
... as receptive as Gen Xs (between 31 and 50) to special offers on transaction accounts, and nearly four times more than retirees," said Harry Senlitonga, senior analyst at Datamonitor, and author of the report. The study also found that the decisions made ...