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Showing 1321 - 1330 of 1358 results for "Retiree"

Popularity of reverse mortgages set to rise

AAP  |  FRIDAY, 17 JUN 2005
An ageing Australian population and a widening retirement savings gap are set to give rise to a robust reverse mortgage industry, analysts say. But the product needed a significant public perceptions makeover if financial planners were to broaden the ...

Tyndall launches new income fund

Tyndall will be launching a Quality Income Fund, which will provide investors with exposure to fixed interest and investment securities such as Australian bonds, floating rate securities and hybrid-security investments. The fund will begin with $100 ...

Class action filed against retirement fund managers

AAP  |  FRIDAY, 10 JUN 2005
David Smith, the founder of the LifeTrack Superannuation Fund, and his former chief executive Alan Rich were named as defendants in class action papers lodged in the NSW Supreme Court yesterday. More than 700 investors have retained law firms Goldman ...

Industry bodies in joint move to improve financial literacy

The Australian Bankers' Association (ABA), the Financial Planning Association (FPA) and the Investment & Financial Services Association (IFSA) have worked together to released a guide to help employees improve their financial literacy in the lead up ...

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

Zenith has given Deutsche Bank's second leveraged hedge fund offering Xenon Alpha Plus 2 (XAP2) a recommended rating highlighting that the product is highly transparent in cost and risk structure which 'makes a refreshing change for these types of products. ...

Australian Unity offer new property fund to retail and wholesale investors

Australian Unity Investments (AUI) has pushed its property management credentials further with the release of wholesale and retail versions of a geared property income funds, following the recent release of a high yield mortgage trust. The fund will ...

More Octane from HFA

HFA Asset Management has launched the HFA Octane Fund Series 2 offering investors an opportunity to participate in a leveraged absolute return fund incorporating a potential tax benefits and capital protection. The new product will place its funds across ...

New mortgage fund from Australian Unity

Australian Unity Investments has launched a new mortgage fund with the objective being to provide income returns to customers through investing in mortgages not normally used by other mortgage funds. The High Yield Mortgage Trust aims to target investors ...

Fincorp feels ASIC's displeasure

Financial watchdog ASIC has filed proceedings in the NSW Supreme Court against the heavily publicized Fincorp Investments. ASIC is alleging that Fincorp offered securities under a replacement prospectus, which contained misleading or deceptive statements ...