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| | | Retirees should diversify their income portfolios because income-type products are not like they used to be. Bruce Murphy, head of distribution at Macquarie Funds Management, urged investors to go back to the basics of income investing and start questioning ... |
| | | | The latest AXA retirement study has found that three out of four retirees who described themselves as defensive investors actually wanted a more aggressive investment strategy with a bias towards growth assets. The AXA investor trends report surveyed ... |
| | | | ... funds, 37 per cent feel uncertain about their nest egg lasting the distance. There are doubts, though, about whether retirees will follow through on their intentions, as the survey also states those wanting to retire before 60 increased from zero in ... |
| | | | Almost one-third of Australians are planning to ease themselves into retirement through part-time work, according to a First State Super survey. Michael Dwyer, chief executive of First State Super, said discovering how their members intended to approach ... |
| | | | ... "unsecured mezzanine" funds, often labelled as property investments. But many of these investors were mums-and-dads or retirees who did not fully understand the risks involved in those funds. Toll said investors were lulled into a false sense of security ... |
| | | | ... $24,000. A single person would need $18,000 for a modest lifestyle, and $36,000 to live comfortably. The figures assume retirees own their own homes. Much of the cost came from food items, according to the survey, which rose approximately 15 per cent ... |
| | | | ... John Maroney went as far as suggesting that ASIC should consider a re-labelling of the sector. "To elderly investors or retirees, there's the connotation that debentures are like deposits but they're not. There should be a different sent of rules for ... |
| | | | ... improved code of conduct, tightening conditions on 'no negative equity guarantees' and providing better protection to retirees. The new minimum standards for the mandatory 'no negative equity guarantee' ensures borrowers can never owe more than the value ... |
| | | | ... reverse mortgage broker network Fortus launched today, offering what it called a 'strict code of conduct' to safeguard retirees considering a reverse mortgage. Comprised of more than 40 brokers in New South Wales, Queensland, Victoria, South Australia ... |
| | | | ... has never been associated with high and secure income returns which are especially important for the growing number of retirees," he said. When capital growth loses momentum, he said, residential property does not deliver relatively high, diverse and ... |
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