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Showing 161 - 170 of 1095 results for "Retirees"

The challenge of retirement income

ANNABELLE DICKSON  |  FRIDAY, 12 NOV 2021
The industry is often presented with the age-old question of how retirees can maintain access to savings and invest to receive regular and predictable income that keeps pace with inflation and without eroding capital. Magellan Asset Management head ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Retirees continue to bear the brunt of an expensive retirement fuelled by global supply chain issues. Retired couples and singles saw living expenses in their twilight years rise 1% in the September quarter, the latest Association of Superannuation ...

The search for income outside defensive assets

ANNABELLE DICKSON  |  THURSDAY, 11 NOV 2021
The eighth wonder of the world, compound interest, has been diminished and retirees must look elsewhere in their search for yield. Speaking at the Financial Standard Best Practice Forum on Retirement Income, Fidelity International cross asset investment ...

TelstraSuper releases retirement income solution

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... allocation feature will reduce the risk associated with drawdowns in bigger proportions during market downturns and deliver retirees a stable income that is sustainable over the long term. The federal government recently wrapped up its consultation on ...

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... Income Covenant, Challenger launched a market-linked annuity to its Liquid Lifetime range with five indexation options. Retirees can select from cash, conservative, conservative balanced, balanced, or growth. The different options are constructed from ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... feedback until October 15. The document sets out the obligations of superannuation trustees in designing a strategy for retirees or near-retirees that maximises their retirement income over later years. The strategy must consider several risks: longevity ...

Australia ranked seventh for retirement wellbeing

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... Natixis Investment Managers and CoreData Research, is designed to provide a snapshot of the relative financial security of retirees in 44 countries. It ranks countries based on four factors that drive retirement security - the material means to live ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... services were 6.7% more expensive and even the cost of fruits and vegetables increased marginally. "Price increases faced by retirees have begun to accelerate following a period when COVID-19 led suspensions or delays in key costs such as health insurance," ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... some funds already including QSuper, Cbus, Sunsuper and BUSQ. Conversely, it wants disincentives (above a threshold) for retirees who take their pensions as a lump sum or leave them as a bequest. The paper supports some changes discussed in the Retirement ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... logical way for CBA to take advantage of surplus capital and franking credits and will provide a significant windfall for retirees and other low tax investors who value franking credits most," he said. "Using CBA's closing price yesterday of $106.56 ...