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Showing 1241 - 1250 of 1358 results for "Retiree"

The many faces of income

MICHAEL HOBBS  |  FRIDAY, 28 SEP 2007
Retirees should diversify their income portfolios because income-type products are not like they used to be. Bruce Murphy, head of distribution at Macquarie Funds Management, urged investors to go back to the basics of income investing and start questioning ...

AXA survey dispels retiree myth

MICHAEL HOBBS  |  WEDNESDAY, 19 SEP 2007
The latest AXA retirement study has found that three out of four retirees who described themselves as defensive investors actually wanted a more aggressive investment strategy with a bias towards growth assets. The AXA investor trends report surveyed ...

A third of over 55s will never retire: Citibank

CHRIS NICHOLLS  |  MONDAY, 17 SEP 2007
Nearly a third of Australian workers over 55 years old have no plans to retire, and 14 per cent intend to work well past 70, according to Citibank's latest Retirement Index. However, many of those working into retirement will not do it for the money ...

Pre-retirees map out uncertain future: FSS

MICHAEL HOBBS  |  WEDNESDAY, 5 SEP 2007
Almost one-third of Australians are planning to ease themselves into retirement through part-time work, according to a First State Super survey. Michael Dwyer, chief executive of First State Super, said discovering how their members intended to approach ...

ADPIA lobbies for fin literacy

MICHAEL HOBBS  |  TUESDAY, 4 SEP 2007
A property association representing $20 billion of investor assets has joined the industrywide call for better investor education after thousands of mum-and-dads lost $1 billion on high yield but high risk investment products. Speaking at a conference ...

Retirement gets more expensive: ASFA

CHRIS NICHOLLS  |  WEDNESDAY, 29 AUG 2007
The cost of maintaining a 'modest' standard of living in retirement has increased by 8.8 per cent in the last three years, and a comfortable retirement by 8.1 per cent, according to the latest Westpac ASFA Retirement Standard survey. The increases mean ...

Debenture devil in the detail

The high profile failures of debenture issuers such as Westpoint, Fincorp and Bridgecorp have prompted ASIC to release a consultation paper detailing tighter disclosure rules on debenture products. But is more disclosure enough to protect retail investors? ...

SEQUAL toughens 'no negative equity' rules

CHRIS NICHOLLS  |  WEDNESDAY, 22 AUG 2007
Reverse mortgage lenders group SEQUAL has released an improved code of conduct, tightening conditions on 'no negative equity guarantees' and providing better protection to retirees. The new minimum standards for the mandatory 'no negative equity guarantee' ...

AustralianSuper presents pension made easy

HAMISH MADDEN  |  TUESDAY, 31 JUL 2007
... AustralianSuper has more than 1.3 million members and more than $28 billion in funds under management. Currently AustralianSuper retiree members can use the IRIS pension products but the home grown product will be a big step forward in eliminating brand ...

New reverse mortgage broker group sets sail

CHRIS NICHOLLS  |  MONDAY, 30 JUL 2007
New independent reverse mortgage broker network Fortus launched today, offering what it called a 'strict code of conduct' to safeguard retirees considering a reverse mortgage. Comprised of more than 40 brokers in New South Wales, Queensland, Victoria ...