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| | | ... closely on matters of retirement and the transfer of wealth. "We have a significant opportunity in Australia to help more retirees build their financial confidence, empowering them to fully enjoy their post-working years. This can be achieved through ... |
| | | | ... access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to a paper published by the Actuaries ... |
| | | | ... would grow to £15,100 ($29,210) in 10 years. Schemes would also be required to offer retirement products to deliver retirees with an income, not just savings when they stop working. They would be mandated to offer one or multiple solutions, including ... |
| | | | ... build on its strong long-term investment performance. She added that strong long-term investment performance would help retirees maintain their savings while they draw an income stream. "It was fantastic to see that our income stream balanced growth ... |
| | | | ... plans. The Retirement Income Covenant, which was mandated on 1 July 2022, requires trustees to design a strategy for retirees that maximise expected retirement income, manage risks related to sustainability and stability, and provide flexible access ... |
| | | | Generation X - the next in line to retire - is worried about running out of money, or not having enough to retire at all, according to new research by Natixis Investment Managers. The research, conducted in collaboration with CoreData Research, found ... |
| | | | ... recently, the range of super-based retirement income strategies in Australia has been limited, increasing the likelihood of retirees resorting to suboptimal self-insurance measures, such as frugality, to stretch their savings." Aboud said one of the ... |
| | | | ... security in retirement." Unsurprisingly then, cost of living was cited as being "front of mind" for many Australians. Retirees expect their retirement income needs to increase by $10,000 per year, while working Australians anticipate needing an additional ... |
| | | | ... their top concerns. When considering how to boost income and find savings, Ashenden said it's important to assess whether retirees are entitled to any government support, such as the Age Pension or concession cards that give access to more affordable ... |
| | | | ... believe their children face similar or harder challenges than they did amid the cost-of-living crisis. AMP found 70% of retirees, while wanting to support their children, are mostly unwilling to compromise their retirement lifestyle to offer financial ... |
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