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Showing 1271 - 1280 of 1358 results for "Retiree"

ANZ to offer Over Fifty Group reverse mortgages

HAMISH MADDEN  |  TUESDAY, 19 DEC 2006
The Over Fifty Group has just announced that it will begin piloting a reverse mortgage product with the Australia and New Zealand Banking Group (ANZ). ANZ will begin offering Over Fifty Group reverse mortgages as soon as today in selected areas as part ...

New planners lack listening skills

HAMISH MADDEN  |  MONDAY, 11 DEC 2006
Research from Deakin University has found that recently qualified financial planners are deficient in listening skills and lack the required knowledge to formulate a plan for those approaching retirement. The Deakin University research looked at 162 ...

ALP finally agrees to back Budget super reforms

ALEX DUNNIN  |  THURSDAY, 7 DEC 2006
It was a long time coming, but the Australian Labor Party (ALP) has bowed to the inevitable and finally agreed to back the government's superannuation reforms announced in the Federal Budget. Peter Dutton, Minister for Revenue and Assistant Treasurer ...

Retiring at 65 unsustainable: Bernard Salt

ALEX DUNNIN  |  MONDAY, 30 OCT 2006
... their mortgage they really only have 25 years to save for their retirement." The real problem however is that the average retiree today will live for 24 years after they have officially retired and so saving for 25 years to live on those savings for ...

Keating laments missed super opportunities

HAMISH MADDEN  |  MONDAY, 30 OCT 2006
Australia's stop-start superannuation reforms in the last decade, that have focused more on choice rather than actually boosting savings, have cost hundreds of billions of dollars in missed savings opportunities and we are only now starting to catch ...

Don't bury reverse mortgages in regulation: Martin

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
While discussions of reverse mortgages and equity release products seem to inevitably end up circling the issue of regulation, Chris Martin, head of the Over Fifty Group, issued a stern warning that the industry was at risk of being buried before it ...

Reverse mortgage sector picking up pace

HAMISH MADDEN  |  THURSDAY, 19 OCT 2006
In the first comprehensive study undertaken on the Australian reverse mortgage industry, actuarial firm Trowbridge Deloitte reported that the sector had doubled its value in the last 18 months as the reverse mortgage products gained traction. The study ...

MLC analyst bags 2006 Future Leaders Award

MLC investment analyst, Myooran Mahalingam, has won the inaugural Future Leaders Awards, a joint initiative by the Investment and Financial Services Association (IFSA) and Deloitte to recognise the voice of industry professionals aged under 30. The ...

PIS launches new income fund

Professional Investment Services (PIS) has launched the Discovery Investment Services Core Income Fund, investing primarily in two Australian Unity Investments (AUI) mortgage funds. "The AUI mortgage products have a proven record of providing attractive ...

Men are better savers than women: Citibank

It's not the glass ceiling. A new study has found that men are more likely to have a better lifestyle come retirement because they tend to save more and save earlier than women. The Mars versus Venus debate reared its ugly head once again at the latest ...