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Showing 1051 - 1060 of 1380 results for "Retirement Income"

Advisers warned: take sequencing risk seriously

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... the first retired just before the GFC, the second retired 18 months into it. As a result of the timing their retirement income differed by a third. "Friends, we can and we must do better," Drew said. Drew said sequencing risk is typically thought of ...

Retirees unlikely to recover GFC losses: Cooper

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
... help retirees whose accounts took a beating in the global financial crisis, according to Challenger chairman of retirement income Jeremy Cooper. Cooper, who chaired the 2010 Super System Review that led to the Stronger Super reforms, said retirees would ...

Super fund returns as good as it gets

ALEX DUNNIN  |  THURSDAY, 25 JUL 2013
... superannuation's long term nature especially given the damage being so far behind can do to a member's potential retirement income outcome. This is reinforced by Rainmaker's additional finding that members who maintained their contributions after the ...

netwealth expands its board of directors

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
Wealth manager netwealth Group has appointed a new board member in the shape of Kate Mulligan. Mulligan, who earlier this year founded King Irving Consulting Group, is the third non-executive director to join the netwealth board. Mulligan has served ...

Super charter should be enshrined in legislation: AIST

JAMES FERNYHOUGH  |  THURSDAY, 27 JUN 2013
... overarching superannuation policy." The submission stressed the need for an adequacy benchmark, which should focus on retirement income rather than lump sum payments. AIST also recommended that a national definition of 'sustainability' be developed. ...

Lonsec and Milliman partner for post-retirement research

MARK SMITH  |  TUESDAY, 11 JUN 2013
... Lonsec and global actuarial and consulting firm Milliman have launched an initiative to focus on the changing retirement income landscape in Australia. Lonsec head of investment consulting Lukasz de Pourbaix said the investment management and superannuation ...

Government to hold public forums on Super Charter

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
... Other key suggestions in the discussion paper were: a post-retirement adequate income of 70 per cent of pre-retirement income; and provisions allowing people "to plan or adjust to superannuation policy changes with confidence." The Charter is in the ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
At the Actuaries Summit held in Sydney this week, Professor Anthony Asher of the Actuaries Institute's Retirement Income Working Group stressed the need to develop a "vibrant annuity market", in line with much of the rest of the world. "It's very difficult ...

Retirement objective is income not performance

ALEX DUNNIN  |  THURSDAY, 16 MAY 2013
Providing retirement income solutions for super fund members requires funds to be clear about their goals. Is it achieving high investment returns, enabling members to accumulate high fund balances or is it about providing retirement income, notwithstanding ...

Tax lump sums to beat longevity crisis: ASFA

MARK SMITH  |  THURSDAY, 16 MAY 2013
... the average life expectancy was much lower than it is today. In essence the system was designed to provide a retirement income for people who lived into their 70s not into their 90s." ASFA proposes removing withdrawal tax on any income stream members ...