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Showing 181 - 190 of 197 results for "Pensioner"

Seniors vote against Westpoint

Australia's largest seniors organisation will use their voting rights to ensure financial disasters targeting older people, such as the failed Westpoint scheme, never happen again. Under the 'Seniors Vote 2007' program, the National Seniors Association ...

Super boomtimes as confidence goes stratospheric

ALEX DUNNIN  |  THURSDAY, 26 JUL 2007
The savings explosion ignited by Simpler Better Super has attracted so much money into super that it's never been healthier, while booming returns mean it's never been happier. It's having long term impacts too as analys released by AMP in association ...

Retirement banking comes of age

Retirees aged over 60 can now access their superannuation money easily and tax-free after ING Australia and ANZ launched a pension-linked cash account that works like an ordinary bank account. Called the ANZ Prime Cash Management Account (Prime CMA) ...

Gap between DB and DC pension payouts widens

A new study has found that members of defined contribution (DC) pension plans in the UK are likely to receive 42 per cent less than their counterparts with defined benefits (DB) schemes. The findings were from the annual Fidelity Retirement Index released ...

Fincorp failure burns 8,000 investors

... more. "There were a lot of angry people at the meeting...some invested their whole life savings," she said, citing a pensioner who lost $250,000 and another man placing $1.47 million in unsecured notes. Asked why she didn't go to a financial planner ...

Government lifts deeming rates

ALEX DUNNIN  |  MONDAY, 19 MAR 2007
... securities. Lower deeming rates however apply to the first $38,400 of a single person's financial investments or $63,800 for pensioner couples. Higher rates apply to any part of a financial investment over the relevant threshold. A joint statement by ...

Insurance brands to stand in Promina and Suncorp merger

WWW.THESHEET.COM.AU  |  TUESDAY, 24 OCT 2006
The house of brands approach used by Suncorp and Promina will remain in place following the merger of the two, but with some refinement. Suncorp uses the Suncorp brand in banking and wealth management, and the GIO brand in insurance. Promina has a host ...

Investors get money back from failed mortgage scheme

HAMISH MADDEN  |  WEDNESDAY, 31 MAY 2006
... developer Rivett Project Results (RPR) $1.4 million for the development of the Yandina Greens Retired Folks Village Pensioner Accommodation, but the loan defaulted in March 2000. In awarding $792,509.25 in favour of the investors, the Federal Court found ...

Pensioners call for 13 per cent more council tax rebate: CPSA

An organisation representing pensioners has called on the government to increase council rate rebate by 13 per cent and said councils should manage their financial affairs properly instead of hiking up council rates to stump costs. "Comments by the ...

Westpac launches zero monthly fee account

Westpac takes a leaf out of Virgin Money's zero-fees formula when it launched a new account this week called 'Westpac One Basic', a savings account designed for pensioners and 'disadvantaged Australians'. 'Westpac One Basic' is a basic bank account ...