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Showing 1111 - 1120 of 1358 results for "Retiree"

Diversified pension policy is best: OECD

ALEX DUNNIN  |  WEDNESDAY, 25 MAY 2011
... tension point is some countries have very high pension expenditure as a proportion of GDP yet have very high rates of retiree poverty, highlighting that untargeted pension spending is economically inefficient and socially inequitable. This has prompted ...

BT adopt retirement strategy with new head

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
BT Financial Group is positioning itself with a holistic and integrated approach with the appointment of new head of retirement, Rodney Greenhalgh. Partnering with its banking and advisory networks, the firm said it will offer solutions to suit its ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... retirement products division, said longevity risk meant that $500,000 would not be enough to fund a 30-year retirement. A retiree with $500,000 in savings would have a 60 per cent chance of running out of money if female and a 50 per cent chance if male ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Extended relief for compulsory pension fund draw-downs, encouragement for super funds to invest in infrastructure and a reiteration of the promise to increase the super guarantee to 12 per cent were functions of a budget that commentators labeled bland. ...

Legg Mason funds plug retiree gap

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
Legg Mason targets retirees with its real income and Australian equities income trust funds, changing from the 'usual' accumulation versus de-accumulation design to better accommodate advisers and their clients. Legg Mason said in their white paper ...

SMSF trustees hit pension payment woe

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Self-managed super fund trustees risk being hit by tax and forced liquidations in the pensions phase if they don't plan ahead, financial services firm HLB Mann Judd has warned. Michael Hutton, head of wealth management at the firm, said self-managed ...

Trust Company eyes personal touch to build on growth

MATT WOODINGTON  |  WEDNESDAY, 20 APR 2011
... demographic trends, ageing population and accumulation of personal wealth through super. We're targeting the post accumulation retiree market. We have a lot of continuing estates but one big opportunity is to engage more with them," said Atkin. The 2012 ...

Planners struggle to sell practices as values fall

ALISON BEVEGE  |  TUESDAY, 12 APR 2011
Financial planners are finding it harder to sell their practices this year and business values have declined, thanks to legislative uncertainty, according to industry valuation firm Radar Results. The consulting firm said requests for valuations on ...

Regrets, I've had a few

MICHELLE BALTAZAR  |  THURSDAY, 7 APR 2011
One in two retirees wished they saved more in super or saved earlier in their working life, particularly after belatedly discovering that not everyone can get a full or part pension when in financial strife, a survey found. The Investment Trends 2010 ...

SG needed to save retirees: Shorten

ALISON BEVEGE  |  TUESDAY, 29 MAR 2011
Thousands of 100-year-old baby boomers will live out their last days in poverty unless superannuation changes are passed, Assistant Treasurer Bill Shorten has told delegates at the Conference of Major Super Funds. Minister Shorten, who flew to the Gold ...