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Showing 1181 - 1190 of 1244 results for "retirees"

Govt recommends 3 per cent super top-up for under 40s

... deposit. "If we start with the guaranteed 9 per cent level of super, and recognise the flawed assumption that future retirees will own their homes, this report's failure to recognise strategies that will aid entry into the housing market for young people ...

Super tax concessions cost more than they save: Greens

ALEX DUNNIN | FRIDAY, 16 JUN 2006

... so-called baby boomers require much more generously funded and luxurious retirement lifestyle than previous generations of retirees. According to the report, "The case why baby boomers should be treated more generously than today's retirees has not been ...

Budget transitional arrangements for over 65s

ALEX DUNNIN | WEDNESDAY, 14 JUN 2006

... to take account of Australians living much longer with vastly different lifestyles compared to previous generations of retirees.

Budget reforms exacerbate risks for Gen L: Asteron

KATE HAGE | TUESDAY, 13 JUN 2006

... Budget made retirement planning simpler, but has taken out the in-built discipline that existed in limiting how much retirees would spend each year." "The restriction that was due to tax liability is now gone. Now withdrawals can be made tax-free over ...

Mercer breaks into retail MTM

... a high level of capital security. "This fund is designed for investors who want a regular income, such as self-funded retirees, but are longer-term investors of at last three years." Besides the fund's target income of 2.5 per cent above bank bill rates ...

Intrust goes public offer

KATE HAGE | WEDNESDAY, 19 APR 2006

... members have, including life and total and permanent disability cover, member rate home loans and pension options for retirees. Intrust has $700 million in funds under administration and 120,000 members.

Seniors Week reminds planners to get in early

KATE HAGE | TUESDAY, 4 APR 2006

... returns. Biti said Asteron have calculated that to provide for a $40,000 to $50,000 annual retirement income, over 25 years, retirees will need a nest egg of over $800,000. "That can be quite daunting," she said. "And this is where by planning well in ...

Money For Living promoters face court on fraud

KATE HAGE | MONDAY, 3 APR 2006

... administration in September last year. Since its inception in 2004, Money for Living bought about 120 properties from retirees, and ASIC alleges they obtained mortgages of almost $1 million by submitting loan applications and hiding the life tenancies ...

AXA adds NCAPs to its arsenal for over 55s

... AXA's head of superannuation and retirement incomes, Andrew Barnett, said the additions can serve a dual purpose for retirees. "NCAPs mean that Australians, upon reaching their preservation age, can receive an income stream from their preserved supperanuation ...

IFSA to pressure Government for super tax breaks

... your superannuation should be able to be put into income streams," he said. Gilbert added it is the simplest way for retirees to spread their income across their retirement without drawing down on their capital, whether it be in a term allocated pension ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA | 12:25PM

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI | 12:30PM

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO | 12:21PM

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI | 12:13PM

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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