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Showing 1211 - 1220 of 1242 results for "Retirees"

Class action filed against retirement fund managers

AAP  |  FRIDAY, 10 JUN 2005
... investors as low-risk, income-paying products and in 2001 held $700 million on behalf of 7,000 investors, many of them retirees. However the funds were closed in 2002 after experiencing liquidity problems with investors suffering capital losses. Goldman ...

Industry bodies in joint move to improve financial literacy

... such a publication. For instance the Retire Ready Survey conducted by the Commonwealth Bank indicated 78 per cent of pre-retirees knew little or nothing about the investment strategies in their superannuation and only one in seven people considered preparing ...

Macquarie launches mortgages in reverse

Macquarie Bank has launched a reverse mortgage called 'Silver Lining' which will allow retirees to convert the equity in their home into an income. "Reverse mortgages allow people who have become asset rich but cash poor to enjoy life now. Their house ...

Zenith recommends transparent hedge fund

... and the robustness of their investment processes. The product is attractive to self-managed superannuation funds and retirees who have low marginal tax rates in the maturity year of this product. Zenith notes however that XAP2 is suited to risk tolerant ...

Australian Unity offer new property fund to retail and wholesale investors

... last year and offers income and capital growth and thus would appeal to self managed superannuation funds as well as retirees. AUI will also release an absolute return fixed interest product shortly as part of its recent joint venture with Vianova Asset ...

More Octane from HFA

... return funds, while enjoying the peace of mind that comes from capital protection." He explains the new fund provides pre retirees with a good opportunity to boost their savings outside of superannuation, as it will deliver them positive returns in all ...

New mortgage fund from Australian Unity

... considered. Australian Unity Investments senior portfolio manager Roy Prasad believes the trust "is particularly useful for retirees looking for high income returns with in their risk profile". He adds, "The fund also provides investors already using ...

Fincorp feels ASIC's displeasure

... three warnings in 2003 and 2004 in relation to defective debenture prospectuses. "More vulnerable investors, especially retirees, have been the targets of these riskier investments. Often they don't have the information or resources to detect the extra ...

ASIC paves way to better retirement

... consumers to plan for their retirement. The fact sheets explain the various types of pensions and annuities available to retirees such as market-lined, allocated, lifetime, life expectancy and fixed-term. The fact sheets were formulated after ASIC research ...

Election cycle a case of short-sightedness

... ensure a strong foundation to ensure that solutions are consistent with long-term objectives. The ageing population and retirees in particular face real problems associated with the current tax system. The high marginal tax rate is a problem for low-income ...