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Showing 1211 - 1220 of 1244 results for "retirees"

Popularity of reverse mortgages set to rise

AAP  |  FRIDAY, 17 JUN 2005
... planners were to broaden the appeal of reverse mortgages, they said. Reverse mortgages enable homeowners - particularly retirees - to borrow money based on equity in their homes but do not require repayments during the term of the loan. The loan is instead ...

Tyndall launches new income fund

... more years with expected low to moderate volatility making it an attractive fund for investors such as high net worth retirees." The Quality Income Fund will be available on platforms and through advisors and will have a minimum investment of $25,000 ...

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 ...