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Showing 1301 - 1310 of 1358 results for "Retiree"

Bluestone reverse mortgage to offer interest rate protection

Bluestone Equity Release, a subsidiary of Bluestone Group, has released a new reverse mortgage product with a "capped for life" variable rate providing interest rate protection for retirees. Estimated to be worth $600 million in 2005, the reverse mortgage ...

Retirees to keep working and leave nothing for the kids

... salary but what we're seeing is that for many people that level of income is really only covering essentials." The average retiree only receives $1,865 per month to live on, or $22,380 per annum, in contrast to the current average salary of $53,000. ...

Property groups and advisers get set for scrutiny

High yield fixed interest products and the advisers selling them will come under ASIC's microscope following the widely reported Westpoint debacle, said ASIC's two chief orchestrators. ASIC deputy chair, Jeremy Cooper, said the mezzanine finance property ...

Macquarie fund units open for business

Macquarie Direct Property Management Limited (Macquarie Direct Property) has opened the first allotment of units in its open ended direct property fund since raising $236 million in its capital raising since October last year. The Macquarie Direct Propety ...

Small cut in super taxes now will significantly cut future tax burden: ASFA

Abolishing the 15 per cent super contributions tax would add thousand of dollars to consumers' retirement benefits, while any tax revenue falls would be offset by the extra inflows adding to the earnings tax base. In fact, the benefit to the economy ...

Tis the season to be jolly and to spend: AXA

Australians are the world's fourth most generous gift-givers with retirees estimated to spend at least $1.1 billion over the holidays on Christmas presents. Investment house AXA's research shows that retirees will spend at least $580 on gifts, which ...

Life expectancy jumps 6 years in just two decades: ABS

A girl born today can expect to live 83 years, while a boy can expect to live to 78 years, confirming that life expectancy is climbing with consequent pressures upon retirement savings. The information is contained in the latest Life Tables produced ...

Over 65s insurance blues over

Insurance provider Aviva has launched an insurance product for people aged over 65 in a positive step towards addressing the longer life expectancies of retirees. "It is a trend that's now starting to happen in the market. The recognition that people ...

Vision Super eyes HBA for discount health cover deal

... younger ones," he said. David Moxon, the fund's development manager, concurred and noted the different motivation between retiree members and pre-retiree members. "Superannuation tends to become more interesting to members the older they get and as a ...

ASIC calculator adds up allocated pension fees

ASIC is stepping into help retirees plan and decipher products and fees, by launching a new online pension calculator, that is now available through the ASIC website. ASIC has developed the first of what it expects will be a number of retirement income ...