Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 1119 results for "Retirees"

Generation Life rolls out product enhancements

ANDREW MCKEAN  |  WEDNESDAY, 7 JUN 2023
... on the GBST cloud-based wealth administration platform, Composer. Responding to feedback from financial advisers and retirees, Generation Life has developed a LifeIncome Flex feature that enables retirees to adjust their income during retirement. For ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... stakeholder concerns. She also underscored the significance of franking credits for many Australian shareholders, especially retirees, and urged the government to respect their election promise not to make "major changes" to superannuation and franking ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... team. They are committed to working closely with advisers to make next generation retirement solutions available for retirees." "Stephen's decades of experience and deep adviser relationships across the west coast will be welcomed as we continue ...

'Kick down the road' mentality fuels retirement insecurity: Study

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... savings and superannuation balance are insufficient in this economic climate." The ASFA Retirement Standard suggests that retirees need over $500,000 in their super balance, far exceeding the average Australian super balance for early 60s retirees - ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... stable and - the last two years notwithstanding - predictable returns for the burgeoning share of fund members who will be retirees. Latest research from Rainmaker reveals that 40% of Australia's $3.5 trillion superannuation savings pool was owned by ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... over half having reached 65 by 2020, APRA predicts that 3.6 million Australians will retire in 10 years from 2021. These retirees will face challenges such as investment risk, inflation, and longevity. To address these concerns, the Retirement Income ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... an expansion of performance testing, particularly for products currently being sold to older Australians. "Australian retirees have the most to lose and the least capacity to recover from being sold a poor product," O'Halloran said. "In particular, we ...

Link to offer Allianz Retire+ solution to super funds

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... enable better outcomes for members and super funds by offering flexible solutions that deliver certainty for Australian retirees. "We are thrilled to partner with Link Group in offering super funds access to a greater variety of retirement income and ...

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
... designed for the long-term." In summary, the ASA said the continued ad hoc changes to superannuation is scaring self-funded retirees and those who aspire to be in the future. "The way of introducing this policy induces fear for superannuation builders ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... dramatically that it now appears to be the new normal. Instead of relying on a steady income stream through pensions, more retirees are choosing to take larger lump sum payments upfront. In 2015-16, the share of benefits paid as pensions peaked at 62% ...