Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1191 - 1200 of 1244 results for "retirees"

Australians are starting their retirement saving too late: Citibank

... research has revealed that 19 per cent of semi or fully retired Australians have no retirement savings, while 44 per cent of retirees regret not starting to save for their retirement much earlier. The staggering numbers are revealed in the second Citibank ...

Count to include equity release on approved list

... planning group Count Financial will include equity release products on their approved list, aimed at the growing number of retirees nicknamed the MERLOTs and SKI-ers. Retirees of the 'More Equity Release - Lots more' (MERLOTs) and 'Spending the Kids' ...

Bluestone reverse mortgage to offer interest rate protection

... released a new reverse mortgage product with a "capped for life" variable rate providing interest rate protection for retirees. Estimated to be worth $600 million in 2005, the reverse mortgage market is the fastest growing mortgage sector in Australia. ...

Retirees to keep working and leave nothing for the kids

Forty-eight per cent of retirees plan to live off the pension and more than two-thirds of Australians will spend their money rather than save it for their children. These are the findings emanating from two studies, one published by AXA and the other ...

Property groups and advisers get set for scrutiny

... financial advisers who have "aggressively" sold high yielding products to consumers. Cooper said the advisers who secured retirees' savings into the mezzanine financing of the Westpoint venture, along with any other ventures of its kind, will feel the ...

Macquarie fund units open for business

... direct property investments. MDPF fund Manager, Richard Stacker, said he puts the fund's success down to its placement for retirees and mature investors. "Initial market interest in MDPF reflects demand for more diversified access to direct property ...

Small cut in super taxes now will significantly cut future tax burden: ASFA

... be offset by the extra inflows adding to the earnings tax base. In fact, the benefit to the economy and to individual retirees of abolishing super contribution taxes will be 400 per cent more than an equivalent general $6 tax cut now, says the Australian ...

Tis the season to be jolly and to spend: AXA

Australians are the world's fourth most generous gift-givers with retirees estimated to spend at least $1.1 billion over the holidays on Christmas presents. Investment house AXA's research shows that retirees will spend at least $580 on gifts, which ...

Life expectancy jumps 6 years in just two decades: ABS

... are that in just the last two decades life expectancy for males is up six years and for females its up four years. For retirees, if you make it to age 65, the ABS expects you to survive another 18 Christmases if are a man, but if you are a woman they ...

Over 65s insurance blues over

... launched an insurance product for people aged over 65 in a positive step towards addressing the longer life expectancies of retirees. "It is a trend that's now starting to happen in the market. The recognition that people do need cover past 65," says ...