Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 1243 results for "retirees"

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... and females. Female advisers are 25% more likely to adopt a life stage mindset when advising clients, focusing on pre-retirees and retirees. Some 30% of males on the other hand are focused on clients' wealth bracket.

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... 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 ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... 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 ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... 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 ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... 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 ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... 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 ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
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 ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... 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 ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... 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 ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... 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 ...