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Showing 1 - 10 of 1119 results for "Retirees"

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... secure - and continues to deliver a financially secure retirement for millions of everyday Australians, including today's retirees. "An agreed objective of super supports more stable, effective and equitable policy settings and reinforces the strong ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... carry that concern over men (57%). The findings come as Australians' confidence in the Age Pension plummets, as more retirees plan to explore employment opportunities to support their retirement.

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
Some 82% of retirees and pre-retirees believe the Age Pension is insufficient, new study shows. A new survey from Allianz Retire+, How do we make retirements more epic?, found that 82% of retirees and pre-retirees believe the Age Pension is insufficient ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... superannuation balance of $690,000, while singles would require $595,000. ASFA defines a comfortable retirement as one that allows retirees to maintain a good standard of living in their post work years. This includes covering daily essentials like groceries ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... across all household types. Housing also contributed to higher living costs for all household types except self-funded retirees. Higher premiums for motor vehicle, house and home contents insurance, and higher fruit and vegetable prices reflecting unfavourable ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... Development of Australia (CEDA), Schubert said the purpose of super was to deliver dignity in retirement, lifting incomes for retirees, reducing fiscal pressure on the pension, and powering Australian businesses. But the success of super is built on ...

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... and females. Female advisers are 25% more likely to adopt a life stage mindset when advising clients, focusing on pre-retirees and retirees. Some 30% of males on the other hand are focused on clients' wealth bracket.

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... closely on matters of retirement and the transfer of wealth. "We have a significant opportunity in Australia to help more retirees build their financial confidence, empowering them to fully enjoy their post-working years. This can be achieved through ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to a paper published by the Actuaries ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... would grow to £15,100 ($29,210) in 10 years. Schemes would also be required to offer retirement products to deliver retirees with an income, not just savings when they stop working. They would be mandated to offer one or multiple solutions, including ...
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