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Showing 101 - 110 of 174 results for "retirement age"

Aust super system failing retirees

LINDA HAUSKEN  |  WEDNESDAY, 3 OCT 2012
... Australians' capacity to save for a self-funded retirement. CPA said it instead shows a tendency by those approaching retirement age to incur greater debt levels, to spend more and to view their superannuation lump sum payments as windfalls, to be used ...

No BO news till elections please?

BENJAMIN ONG  |  MONDAY, 24 SEP 2012
... government's reportedly devised a plan to reduce spending by up to a,-4bn per annum by freezing pensions and lifting the retirement age. It might not - with interest rates on its long-term borrowings falling, there is lesser pressure on the government ...

Challenger attributes 20% profit growth to annuity/life

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
... exposure to growth assets, but as we've witnessed first-hand in our recent advertising focus groups, people around retirement age are focused very heavily on capital protection. Referring to the interaction between Challenger's Life and Funds Management ...

MLC appoints head of client succession

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... strategies. " McLiesh said this is a crucial position for MLC given the increasing number of advisers reaching retirement age and the Future of Financial advice reforms, which are prompting many practices to rethink their strategy. Arnold will commence ...

Sequencing risk impacts super savings

LINDA HAUSKEN  |  THURSDAY, 14 JUN 2012
... classes or changing investment styles, can have unintended consequences. "Switching to a different asset class at retirement age for instance from equities to fixed income could reduce the expected return at a time when investors most need to maintain ...

PM rejects lifting retirement age to 70

ALEX DUNNIN  |  FRIDAY, 8 JUN 2012
The Prime Minister has rushed to dismiss calls to increase the retirement age to 70, even though unlocking labour force participation for women and older people is seen as one the best approaches to boosting productivity and GDP. The Grattan Institute ...

Estate planning specialist joins Equity Trustees

RACHEL DAVIS  |  WEDNESDAY, 11 APR 2012
... increasing demand from clients of financial advisers for sophisticated and tailored plans. "As babyboomers reach retirement age, there is an increasing number of people recognising the need to start planning for how their estate will be distributed on ...

Economist and former EU commissioner appointed Italian PM designate

CLAIRE MCGREAL  |  MONDAY, 14 NOV 2011
... petrol costs, selling off state property, a freeze on public-sector salaries until 2014 and a gradual rise in the retirement age of women in the private sector to 65 by 2026. The package would also see the strengthening of tax evasion, and a tariff slapped ...

Australia's retirement system the most sustainable in the world

RACHEL DAVIS  |  MONDAY, 14 NOV 2011
... initiated as a condition of the austerity packages from the International Monetary Fund and European Central Bank, the retirement age in Greece is still low and public replacement rates (the percentage of a worker's pre-retirement income paid out by ...

SG increase the key to global pension top spot

ELISE BURGESS  |  WEDNESDAY, 12 OCT 2011
... in the world, behind the Netherlands which secured first place with its action on SG increases and raising the retirement age. According to the 2011 Melbourne Mercer Global Pension Index, Netherlands has the best pension system in the world, with Australia ...