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Showing 111 - 120 of 1093 results for "Retirees"

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... to inflation, but approximately 168 state and local pension plans don't have automatic COLAs. "A large share of public retirees in about a dozen states currently have little or no hope that their benefits will keep up with inflation," the report said. ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... commercial properties with the prospect of capital growth and a secure income stream; investors who are cash rich entities or retirees looking for a long-term capital investment along with a monthly return; and investors with a buy and hold strategy ...

Allianz Retire+ bolsters executive team

CHLOE WALKER  |  MONDAY, 26 SEP 2022
... appointments at the executive and board level will support our strategic reset in delivering better outcomes for all Australian retirees," he said. With over 28 years in financial services, Stewart began his career at Asgard, before moving to Colonial ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... pressure. Inflation means rapidly escalating costs can pose a threat to financial security by eroding the purchasing power of retirees. The report added institutional investors will also be challenged to preserve assets in a more volatile investment ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... annuities, in an environment where the Reserve Bank of Australia is raising the official cash rate," he explained. "For many retirees and savers, this offer could be attractive, particularly when compared to other defensive assets." Kingham added that ...

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... of compulsory superannuation, new data shows that 85% of people have accumulated super for their retirement and 75% of retirees are satisfied with their financial security. The report from National Seniors Australia and Challenger, entitled The evolution ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... For a modest retirement, that budgets for a retirement lifestyle that is slightly above the Age Pension and only allows retirees to afford basic health insurance and infrequent exercise, leisure and social activities, ASFA estimates a minimum super balance ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... marketing of managed funds that are likely to appeal to retail and unsophisticated wholesale investors, such as some retirees, focusing on statements about fund performance and risks. Other core strategic projects will be around scams, sustainable finance ...

Most retirees want pension support through super: Report

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
New data shows that 70% of retirees want Age Pension support from their super fund. Link Group's Retirement Reality: Advice and the Age Pension whitepaper reveals that 74% of women and 67% of men want more support when it comes to the Age Pension ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... joint annual income of $64,000 in retirement. The consumer body has developed new retirement income targets - one for pre-retirees and one for existing retirees - that it expects super funds to use in helping members determine their financial needs in ...