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Showing 1061 - 1070 of 1244 results for "retirees"

NY fund sues BP over oil spill losses

RUTH LIEW | TUESDAY, 29 JUN 2010

... the worst environmental disasters that has rocked the US. "It's my duty to protect the interests of the fund and the retirees and employees who rely on it," DiNapoli said in a statement. "BP misled investors about its safety procedures and its ability ...

Retirees brush off volatility to hold equities long term

RUTH LIEW | THURSDAY, 17 JUN 2010

Retirees might want less risk in their investment portfolios, but many tend to brush away recent market fluctuations to maintain a strong bias towards equities, new figures show. When asked whether market fluctuations have meant that retirees prefer ...

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 ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA | 12:25PM

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI | 12:30PM

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO | 12:21PM

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI | 12:13PM

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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