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Showing 1341 - 1350 of 1358 results for "Retiree"

Rush on for Immediate Annuities: Aviva

The $1 billion complying Immediate Annuity market will reduce by 50% post 20 September when the current 100% asset test exemption is reduced by half, Aviva said yesterday. Aviva raised its ranking to third from ninth in the annuities market during May ...

Government announces extension for DIY compliance

The Federal Government has moved to clarify its position on DIY super funds, confirming the introduction of a transition period to allow members of DIY funds affected by the Budget night changes until 30 June, next year, to commence a complying lifetime ...

Guaranteed retirement annunities at risk: Mercer

Australians wishing to retire on a guaranteed income stream that complies with the social security test exempting all assets must act quickly before the Federal Government cuts the exemption in half, financial planners Mercer Wealth Solutions said. ...

Mariner adds to Lifestyle Bond range

Mariner Financial last week said it has lodged prospectuses for two additions to its recently launched range of seven, 10, 12 and 15-year Lifestyle Bonds, designed to help asset rich/income poor retirees plan their long-term cash flow. The new market-linked ...

Labor says we were wrong on super blooper

AAP  |  WEDNESDAY, 17 MAR 2004
Federal Labor was yesterday forced to admit to an embarrassing bungle in its latest pensions promise and confessed it had no plans to pay retirees an extra $25-a-week. The opposition owned up to the mistake after Treasurer Peter Costello seized on Opposition ...

Study shows many Australian retirees on low incomes

AAP  |  WEDNESDAY, 17 MAR 2004
The majority of retired Australians are living on no more than $320 per week, but that hasn't deterred people from leaving work years before the traditional retirement age, a study released yesterday found. Figures that validate growing concern in Canberra ...

Costello unveils changes to retirement incomes

AAP  |  WEDNESDAY, 25 FEB 2004
Treasurer Peter Costello today unveiled plans to keep older people in the workforce longer and encourage retirees to take their superannuation savings as a pension rather than a lump sum. Outlining a key plank in the coalition's re-election strategy ...

Baby boomers to be urged to rethink early retirement

AAP  |  WEDNESDAY, 25 FEB 2004
Baby boomers will be urged to rethink their retirement plans in a major speech by Treasurer Peter Costello today, which will form a cornerstone of the coalition's re-election strategy. Costello is expected to push later retirement and measures to encourage ...

Mariner launches first retail product

Mariner Retirement Services, a subsidiary of recently launched financial services group Mariner Financial, has released its first product for the retail marketplace, Mariner Lifestyle Bonds. The bonds, aimed at retail investors and retirees, are a fixed-term ...

ASFA welcomes government's super co-contributions announcement

The Association of Superannuation Funds of Australia (ASFA) has today welcomed the Federal Government's long-awaited co-contributions deal as a welcome and highly positive step towards improved retirement savings. "We are delighted to see that common ...