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Showing 161 - 170 of 2306 results for "Enough"

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... he said, as so many choose to draw down the minimum to not run out of money but are simultaneously not giving themselves enough money. Nanayakkara added that what's lacking right now is a super fund's ability to talk to members about their household ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... investors." "Within the Octopus portfolio is Australia's largest solar plant, the 333MW facility in Darlington Point, NSW - enough to power 115,000 homes and Octopus recently partnered with the $10 billion Clean Energy Finance Corp, to invest in renewables ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... as so many choose to drawn down the minimum so as to not run out of money but are simultaneously not giving themselves enough money. "They often don't know the expenses they're going to have in retirement... So, we give them some expenditure advice and ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... payment in April. Reduced minimum drawdowns on account-based pensions were also introduced, but these measures simply aren't enough for many retirees, some of whom have to withdraw more than the minimum to meet everyday expenses. McCrea added: "Retirees ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... groups, especially those who have just joined the workforce is not ideal", she added. Akhtar said: "They have not contributed enough to the system and often, they waste early access withdrawals on luxury expenditure." "That's what happened during the ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... requirements, industry consensus was that the government and the Financial Adviser Standards and Ethics Authority didn't place enough value on on-the-job experience. The present economic climate stands to prove how true that is. Given the events of recent ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... for billionaires could generate $2.52 trillion a year, it said. This could lift 2.3 billion people out of poverty, create enough vaccines for the world and deliver universal healthcare to all living in low and lower middle income countries, Oxfam est ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... Less compelled by the super home buyer policy, Rainmaker Information identified the fact that most young people don't have enough superannuation to transfer across to a home purchase. Even if they did use their super to make a home purchase, the transfer ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
At the FINSIA 'The Regulators' event, APRA chair Wayne Byres has detailed the regulator's foremost superannuation priorities. Australia's superannuation system is the envy of the world, but Byres said it could be better. Having initially praised the ...

We knew people would leave the advice industry: Hume

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... acknowledged people have been offering free "financial advice" or for forever and a day. "I think most Australians are sensible enough to distinguish between financial advice and a trip from a stranger," Hume said. Despite the turbulence in the advice ...