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Showing 271 - 280 of 1242 results for "Retirees"

ETF Securities launches fixed income options

CHLOE WALKER  |  TUESDAY, 5 JUL 2022
... alternatives." ETF Securities head of product Evan Metcalf added that the investment options are perfect for investors like retirees or SMSFs who are seeking peace of mind, and low risk asset classes. "Fixed income securities play an important role in ...

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

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... strategy that fulfils all the objectives of the Retirement Income Covenant while also meeting the goals of individual retirees. "What about those members that want to leave a bequest? How do we manage their money in a way that meets the requirements ...

Advisers optimistic for the future: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 29 JUN 2022
... that Australian financial advisers are largely focused on individuals between age 50 and 60,who are thought of as pre-retirees. About 90% of local advisers said this, compared to 82% globally. Meanwhile, in terms of client segments, 27% of Aussie advisers ...

Super funds are ready for RIC: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... support for managing longevity risk for their members. "What's unique about longevity risk is that it's specific to retirees and needs a specific solution. Managing investment strategy is only part of the answer; it will not solve longevity risk," ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... member could add more than $150 to their balance annually through Super Booster. Over a 20-year period this would give retirees an estimated additional $5000 on their super balance. Walker added: "We saw a real opportunity to build a much greater level ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... impression they were earning interest on their investment. The fraud amounted to about $6 million and largely impacted retirees or those readying for retirement, some of which were forced to sell their homes and other assets, or delay retirement. The ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... Retirement Income Covenant is that every last dollar in an account is spent. But that isn't necessarily the goal of all retirees. "In designing our product, we [Spirit Super] asked ourselves what do our members worry about in retirement, is it just finances?" ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

Generation Life launches retirement income product

CASSANDRA BALDINI  |  WEDNESDAY, 25 MAY 2022
... lifetime annuity that pays an income for life. Amid the current cost-of-living crisis, Generation Life is looking to provide retirees more options at a time where flexibility is crucial. Generation Life chief executive Grant Hackett said working alongside ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... investors and US$2.3 billion in fines. It will also forfeit US$63 million to the government. "Pension funds for so many retirees, religious organizations, and essential workers - from laborers in Alaska, to teachers in Arkansas, to bus drivers and subway ...