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Showing 1061 - 1070 of 1242 results for "Retirees"

Super savings run out well before retirement: survey

ALEX DUNNIN  |  WEDNESDAY, 16 JUN 2010
... lives 17 years and their savings are expected to run out after only five, a new survey shows, proving yet again how most retirees are unprepared for life post-work, regardless of regulatory reforms. Analysis of the 2007 HILDA survey (Household, Income ...

US pension funds boost mortgages

RUTH LIEW  |  MONDAY, 10 MAY 2010
... Fund provides benefits to more than one million state and local government police officers, firefighters, employees, and retirees. It is the third largest public pension fund in the United States.

Govt unveils more super reforms

RUTH LIEW  |  MONDAY, 3 MAY 2010
... longer. "The Institute strongly believes Government should let the private market provide annuity products for younger retirees and focus their efforts on being the longevity insurer for Australia's older retirees aged 75 plus," said Melinda Howes, chief ...

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
... wasn't fully addressed in the government's response. "The Henry report made specific reference to longevity products for retirees which has not been addressed as yet by the government. This is an area of market failure and Henry makes it clear that the ...

North gets very strong rating from S&P

COMPANY RELEASE  |  TUESDAY, 20 APR 2010
... superior capital-protection structure issued by AXA Australia. North is a product offering targeted specifically towards pre-retirees and retirees. The primary differentiating feature of North is the capital-protection, or guarantee structure, and its ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
... for Challenger's Henry Review submission, which showed that private sector lifetime annuities can be used to provide retirees with a higher total income in retirement while reducing future age pension costs to government," said Howes. Andrew Robertson ...

On the shoulders of giants

MICHELLE BALTAZAR  |  MONDAY, 15 MAR 2010
... he said, adding that there's not enough community discussion on the adequacy of super for the next two generations of retirees and key segments of the population such as women and indigenous communities. Howes admits that given the global financial crisis ...

Hartsuyker takes aim at govt reviews

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
... stifling investor confidence. "The Coalition believes the Government is undermining efforts to create self-sufficient retirees and will ultimately be placing additional pressure on Australia's publicly funded retirement system," he said. Hartsuyker also ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 JAN 2010
... cent from Friday's close after Japanese media said the carrier was still short of the two-thirds support it needs from retirees to cut pension payouts, raising the prospect its pension fund will be dissolved in step with a bankruptcy filing. Analysts ...

BNY Mellon apologises for pension mistake

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
... service in connection with bank accounts and understands and regrets the complications this error has created for the retirees," said a statement from the firm. "Processing global payments averaging $1.7 trillion per day, BNY Mellon is committed to maintaining ...