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Showing 121 - 130 of 1243 results for "retirees"

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... retirement, while only 60% of those aged over 65 has. ASFA chief executive Mary Delahunty said the lack of urgency can cost retirees dearly. "It's concerning to see such a lack of engagement with information about retirement. It means many Australians ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... that was outcomes focused." "I believe the business has a greater purpose than simply making money - helping mum and dad retirees to enjoy their retirement with less uncertainty," he said.

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... Most Australians anticipate they will fund only 12% of their retirement income with the Age Pension, but the reality is retirees currently need nearly double that amount, a new study from Investment Trends finds. A survey of more than 5600 participants ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... secure - and continues to deliver a financially secure retirement for millions of everyday Australians, including today's retirees. "An agreed objective of super supports more stable, effective and equitable policy settings and reinforces the strong ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... carry that concern over men (57%). The findings come as Australians' confidence in the Age Pension plummets, as more retirees plan to explore employment opportunities to support their retirement.

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
Some 82% of retirees and pre-retirees believe the Age Pension is insufficient, new study shows. A new survey from Allianz Retire+, How do we make retirements more epic?, found that 82% of retirees and pre-retirees believe the Age Pension is insufficient ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... superannuation balance of $690,000, while singles would require $595,000. ASFA defines a comfortable retirement as one that allows retirees to maintain a good standard of living in their post work years. This includes covering daily essentials like groceries ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... across all household types. Housing also contributed to higher living costs for all household types except self-funded retirees. Higher premiums for motor vehicle, house and home contents insurance, and higher fruit and vegetable prices reflecting unfavourable ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... Development of Australia (CEDA), Schubert said the purpose of super was to deliver dignity in retirement, lifting incomes for retirees, reducing fiscal pressure on the pension, and powering Australian businesses. But the success of super is built on ...