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Showing 1201 - 1210 of 1358 results for "Retiree"

ING to develop retirement security products

MICHAEL HOBBS  |  TUESDAY, 11 NOV 2008
... personal investments business. "Solutions that guarantee income for life have been shown to reduce the longevity risk a retiree faces and can be used to minimise bear market and inflation risks as well. The development of relevant solutions suited to ...

ASIC adjusts redemption rules to help pensioners

MICHELLE BALTAZAR  |  MONDAY, 3 NOV 2008
Financial watchdog ASIC said it may offer exemptions to existing government rules on 'frozen' mortgage funds that will allow mortgage fund operators to release funds to unitholders based on 'hardship grounds'. This relief will apply on a case-by-case ...

Aviva offers pensioner relief after redemption freeze

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
Aviva Australia has taken the extraordinary step to provide self-funded retirees and self managed super fund (SMSF) members on its Navigator platform their 'full' pension payments until the end of this year, when those payments would have been significantly ...

Mortgage funds' phantom lifeline

ALEX DUNNIN  |  WEDNESDAY, 29 OCT 2008
The Rudd government's plan to shore up confidence in mortgage funds is a political master stroke because while it sounds terrific, it commits the government to nothing, will take months to have any impact and won't put dollars on the tables of retirees ...

Clear focus to drive age pension reform

ALEX DUNNIN  |  THURSDAY, 25 SEP 2008
In reviewing the appropriate pension payment level, the government must decide if the fundamental purpose of the age pension is to reduce poverty or to replace income, argues the Institute of Actuaries (IA) in a new discussion paper. The paper, New ...

Cuscal targets super as profit soars

RUTH LIEW  |  TUESDAY, 9 SEP 2008
Cuscal has reported an operating profit after tax of $18.7 million for the year ending 30 June - marking a year of continued growth as the firm expands its services in the superannuation sector. The $18.7 million figure marks its fifth consecutive years ...

Govt policies block choice

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
The Rudd Government's proposed policies on super and financial advice are potentially "anti-competitive" and won't go unchallenged, said shadow treasurer Malcolm Turnbull. Speaking at the IFSA conference yesterday, Turnbull said the Coalition will be ...

Protect super savings: PwC survey

MICHAEL HOBBS  |  THURSDAY, 7 AUG 2008
The Australian Securities Investments Commission (ASIC) and the financial services industry must work together to find better ways to protect superannuation savings, according to the PricewaterhouseCoopers Investment Management CEO survey 2008. The ...

Evolution of super

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
Ne'er the twain shall meet but retail fund chief Brian Bissaker from Colonial First State and industry fund chief Ian Silk from Australian Super, shared centre stage to talk about how the industry can best serve financial planners, its members and the ...

Fix contributions, then worry about fees: Keating

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2008
Getting super contributions up to 15 per cent and pushing retirees to income streams is more important than fixing fees and administrative efficiencies, said superannuation's political architect and former Prime Minister, Paul Keating. "You can fluff ...