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Showing 161 - 170 of 197 results for "Pensioner"

Super escapes budget knives

ALEX DUNNIN  |  WEDNESDAY, 13 MAY 2009
Generally positive reactions by wealth managers to the second Rudd-Swan federal budget indicate the industry increasingly knows its place in the political landscape. Driving the mooted reaction is how kind the Treasurer Wayne Swan was to the superannuation ...

SIPPs back their expertise

PRESS RELEASE  |  FRIDAY, 8 MAY 2009
A UK based Barclays Stockbroking survey has found nearly nine out of 10 self invested personal pensioners (SIPP) believe they can outperform a professional pension fund manager. The survey found 89 per cent of SIPP investors opened a SIPP account because ...

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
... Minister's promise to boost age pensions in next month's budget. Following last year's budget there was an outcry from pensioner groups that argued linking 25 per cent of Average Weekly Earnings to the age pension was insufficient. The government responded ...

Calls to cut super contribs fails to get traction

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
Simplistically rejecting the idea of temporarily cutting super contributions misses the big opportunity - putting superannuation into the economic frontline and making it part of our monetary policy heavy artillery. A group of economists lead by Nick ...

Super funds reject calls to cut super contrib

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
A group of economists lead by Nick Gruen, principal of the Lateral Economics consultancy, have written to the Prime Minister proposing that employer super contributions be cut from 9 to 6 per cent with the money transferring to employees as take-home ...

ASIC adjusts redemption rules to help pensioners

MICHELLE BALTAZAR  |  MONDAY, 3 NOV 2008
Financial watchdog ASIC said it may offer exemptions to existing government rules on 'frozen' mortgage funds that will allow mortgage fund operators to release funds to unitholders based on 'hardship grounds'. This relief will apply on a case-by-case ...

Aviva offers pensioner relief after redemption freeze

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
Aviva Australia has taken the extraordinary step to provide self-funded retirees and self managed super fund (SMSF) members on its Navigator platform their 'full' pension payments until the end of this year, when those payments would have been significantly ...

For those about to hit rock bottom, we salute you

ALEX DUNNIN  |  TUESDAY, 28 OCT 2008
... goes into recession every time the aging rockers go on tour. Sending world stock markets into a tailspin, the aging pensioner rock band has just announced its UK and European tour dates with the details for their late-2009 Australian leg due for release ...

The luckier country

BENJAMIN ONG  |  THURSDAY, 23 OCT 2008
The Australian equity market continues to follow the fortunes of its peers in America, Europe and Asia although economic and business fundamentals here are in much better shape than most of its global counterparts. So far this year, developed equity ...

Sober and sombre

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2008
True to script, Wall Street calmed down from the euphoric rally that greeted investors at the start of the trading week. Just as the spectacular one-day rallies of the 1930s (see yesterday's report, "Depression no more?") were followed by more sober ...