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Showing 141 - 150 of 202 results for "Older Australian"

Australians don't want government to step in on super: research

DARREN SNYDER  |  MONDAY, 26 OCT 2015
It appears a widely held view by older Australians that federal government intervention with superannuation will damage their retirement savings. According to annual research released by REST Industry Super today, 86% of more than 1,000 respondents ...

Mercer rates Aussie super B+

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
Australia may have the most adequate pension system in the world but it doesn't necessarily guarantee it being the most sustainable. Rankings for the 2015 Melbourne Mercer Global Pension Index (MMGPI) were released last night and Australia has slipped ...

Seniors weigh in on national tax discussion

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
National Seniors chief executive Michael O'Neill believes that under new Prime Minister Malcolm Turnbull the debate over older Australians should shift from cost to contribution. Alongside 11 representatives from organisations across Australia, O'Neill ...

Retirees should expand asset classes

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
Sticking to limited asset classes post-retirement may not prioritise income returns and potentially leave retirees with the burden of running out of money. This was a key message from Legg Mason's 2015 Retirement Income Symposium where Martin Currie ...

Older workers are the future

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
There is a huge opportunity for the financial services sector to seize on the opportunity posed by the country's ageing demographics story, according to Shadow Minister for Financial Services and Superannuation Bernie Ripoll. The Member for Oxley highlighted ...

Raising Preservation Age could be problematic

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
An industry group believes raising the superannuation Preservation Age would see the number of involuntary retirees blow out while a separate group says the idea needs to be flexible in allowing early super access. Following a Productivity Commission ...

FSC supports longer threshold for unclaimed life insurance

ALEX BURKE  |  THURSDAY, 19 MAR 2015
Financial Services Council chief executive Sally Loane has applauded the Treasury's decision to extend the unclaimed life insurance threshold back to seven years. Since 2012, bank accounts and life insurance policies could be inactive for three years ...

ASFA outlines spending needs of nonagenarians

MARK SMITH  |  WEDNESDAY, 14 JAN 2015
The Association of Superannuation Funds of Australia (ASFA) has developed a new retirement standard, the ASFA Retirement Standard for Older Retirees, which outlines the expenditure required for Australians aged 90-95 to maintain a comfortable or modest ...

ASFA launches blueprint for post-retirement system

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The Association of Superannuation Funds of Australia (ASFA) has attempted to break the deadlock on retirement income innovation with the launch of a paper that sets out a framework for building an effective post-retirement system. Entitled A New Framework ...

Hawks Nest is Australia's oldest town

ALEX DUNNIN  |  FRIDAY, 5 SEP 2014
Hawks Nest on the NSW mid north coast boasts Australia's oldest average residents, giving a glimpse to how some communities will look when retirees begin to dominate the country. A report from the Australian Bureau of Statistics (ABS) has found that ...