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

Search Results

Showing 161 - 170 of 203 results for "Comfortable retirement"

Mercer launches retirement adequacy index

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
... launched a new tool that allows superannuation funds to measure whether their members are on track for a comfortable retirement. The Mercer Retirement Readiness Index (RRI) compares a members' projected retirement income against the ASFA Comfortable ...

Less than 15% meet ASFA standard of retirement savings

LAURA MILLAN  |  MONDAY, 31 MAR 2014
... and other retirement savings are all considered," he said. "More than 50% of couples are on track for a comfortable retirement if you take all the factors into account and we must also remember that not everyone surveyed will aspire to achieve this level ...

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... age pension. According to ASFA, the current system will not provide the majority of Australians with a comfortable retirement, as it was largely designed for people who were living to their 70s, not their 90s. It has recommended two broad solutions to ...

A third of Australians expect major shortfall in retirement

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... structure their contributions towards this goal." The fund's chief executive Paul Cahill added that "a comfortable retirement can be surprisingly expensive with a single person needing payments of around $41,830 annually for upwards of 20 years if they ...

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
... Retirement Standard figures. The figured for the June quarter 2013 revealed that a couple looking to achieve a comfortable retirement would require an outlay of $56,406 a year, while those seeking a 'modest' retirement lifestyle needed $32,656 a year. ...

Budget gets nod of approval from industry bodies

JAMES FERNYHOUGH, MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... issues of longevity and access to income streams - both very important factors to help people achieve a comfortable retirement," Vamos said. The Financial Planning Association of Australia (FPA) echoed Vamos' approval of this increase in the contributions ...

CFSGAM inflation plus fund targets post-retirement market

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
... clients are looking for investment capabilities that assist their members in securing sufficient funds for a comfortable retirement. We believe this investment solution fits nicely into the decumulation phase of a targeted benefit retirement system" ...

Retirement costs on the rise again

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
... 2.6% rise in the price of automotive fuel. The report said both fed particularly into the increase in the comfortable retirement level. Overall, costs for food decreased in the December quarter 2012. The most significant price falls were for vegetables ...

Baby boomers stagger blindfold into retirement: REST

MARK STORY  |  TUESDAY, 22 JAN 2013
... much they will need to comfortably live on. On average, the amount nominated by respondents required for a comfortable retirement was well below the $56,236 'comfortable lifestyle' budget for a couple and $41,090 budget for single people, as estimated ...

Labor's $30bn secret super tax plan revealed

LINDA HAUSKEN  |  WEDNESDAY, 10 OCT 2012
... earners. Cormann said that Australia needs a government that encourages people to save so they can enjoy a comfortable retirement. "Importantly, we need a government that spends less and lives within its means, which therefore can tax less and which ...