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Showing 1071 - 1080 of 1358 results for "Retiree"

Super contributions break through $1 trillion

ALEX DUNNIN  |  THURSDAY, 1 MAR 2012
In the past 13 years, $1 trillion has been contributed into superannuation funds while the proportion of benefits paid as lump sums has plummeted. The Australian Prudential Regulation Authority has just released its Annual Superannuation Bulletin for ...

Strong half year results for new Challenger boss

CLAIRE MCGREAL  |  MONDAY, 20 FEB 2012
... of re-invigorated distribution, advertising and marketing efforts, with annuities increasingly being used as a tool in retiree portfolios, enabling client and adviser to build on age pension entitlements with a 'bedrock' level of income." The firm's ...

ASIC to take hard line on deliberately misleading ads

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
ASIC is set to clamp down on misleading advertisments for financial products and services as part of its continued shake up of the financial services system. New guidelines released by ASIC commissioner Peter Kell emphasised the need for promoters to ...

Enough of Greece

BENJAMIN ONG  |  THURSDAY, 9 FEB 2012
There's a certain kind of hush all over the world overnight as financial markets turned their attention back to the Greeks and their seemingly never-ending negotiations with their benefactors - the IMF, the EU, the ECB... and private creditors. Ahhh ...

Call for new generation annuities

ELISE BURGESS  |  FRIDAY, 3 FEB 2012
The Actuaries Institute has called for tax disincentives to be removed from deferred lifetime annuity products found in overseas markets, along with the development of a new generation of annuities in its pre-budget submission to the Federal Government. ...

Qantas Super taps MLC for insurance

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
Qantas Super members can now avail themselves of extra voluntary insurance options through a new partnership between the fund and MLC. The options include voluntary Death and Total & Permanent Disability (TPD) cover of up to $750,000, as well as extra ...

Super industry responds to MYEFO

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
Super industry heads have responded to yesterday's MYEFO announcement from the Government with concerns raised about the reliance of super products on the equity markets. As reported yesterday by Financial Standard, Treasurer Wayne Swan released the ...

Flight to quality boosts PIMCO inflows

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
Retail investors are seeking refuge from volatile equity markets by increasingly investing in fixed interest funds, according to bond manager PIMCO's net fund inflows. The investment management firm said monthly amounts invested in its funds have risen ...

ASFA: Retirement costs on the rise

RACHEL DAVIS  |  TUESDAY, 15 NOV 2011
... in costs over the quarter for retirees was similar to the 0.6% increase in the All Groups Consumer Price Index (CPI). Retiree households on average have different spending patterns to the rest of the population. Along with generally owning their own ...

Adviser hiring blitz at Macquarie Private Wealth

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
Macquarie Private Wealth has added 19 new advisers across six of its state offices in the past six months as the group builds out its national team. Six advisers have joined the Brisbane team each with different area of focus for the group including ...