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Showing 1151 - 1160 of 1358 results for "Retiree"

Retirees brush off volatility to hold equities long term

RUTH LIEW  |  THURSDAY, 17 JUN 2010
... with more than 85 per cent of advisers noting the trend among their clients. Capital preservation is also high on the retiree's agenda, with 68 per cent of advisers noticing the issue among retirees. Simplicity is also the name of the game, with 73 per ...

Super savings run out well before retirement: survey

ALEX DUNNIN  |  WEDNESDAY, 16 JUN 2010
The average retiree 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 ...

North gets S&P very strong rating

COMPANY RELEASE  |  FRIDAY, 21 MAY 2010
... Retirement guarantee. According to a S&P's statement, the rating indicated the product was well designed for the needs of the retiree market while including downside protection, growth potential, income predictability and longevity risk. The product ...

US pension funds boost mortgages

RUTH LIEW  |  MONDAY, 10 MAY 2010
The $146 billion New York State Common Retirement Fund has pumped $564 million into Fannie Mae mortgages in New York to help stabilise mortgage lending in the state. According to a press statement by state comptroller Thomas DiNapoli, the $564 million ...

Govt unveils more super reforms

RUTH LIEW  |  MONDAY, 3 MAY 2010
The Rudd Government hopes to boost national retirement savings by raising the superannuation guarantee from 9 to 12 per cent - a move that drew a mixed response from the industry. The Government announced it would raise SG to 12 per cent from 2013 ...

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
The government's proposed reforms to compulsory super give financial planners more reason to look after their next generation of clients. The recommended SG lift from 9 per cent to 12 per cent by 2019/20 will, unfortunately, mean little for those who ...

North gets very strong rating from S&P

COMPANY RELEASE  |  TUESDAY, 20 APR 2010
AXA's North product has received a "very strong" rating from research house S&P Fund Services. According to a press statement, the rating reflects a product well designed for the needs of the target investor and a superior capital-protection structure ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
Compulsory government annuities could widen the gap between the retirement payouts of low and high income workers, and some industry experts argue private sector annuities and longevity risk products offer better alternatives. IFSA, which commissioned ...

Bill backed for calling placement agents lobbyists

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
... invest public pension funds in business ventures is an invitation to corruption and abuse." "With hundreds of billions of retiree and taxpayer dollars on the line, this is no time to protect the status quo," he said. "Prohibiting contingency compensation ...

Macquarie launches lifetime income product

COMPANY RELEASE  |  MONDAY, 29 MAR 2010
... of income for life even when their retirement savings reserves are reduced to $0. The policy is designed to support a retiree's regular pension income, which is guaranteed for life, according to a press statement by Macquarie. It also provides investors ...