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| | | Retirement has emerged as a central concern for investors globally, but a lack of confidence and financial literacy is keeping many savers on the sidelines, according to Amundi's latest global investor study. The third edition of Amundi's Decoding ... |
| | | | ... with superannuation drawdowns projected to rise to almost 6% of GDP by 2065-66, as well as reducing reliance on the Age Pension," the report said. Treasury projects the number of Australians above Age Pension age will almost double to around nine million ... |
| | | | ... homeowner couple $1513 a week, while a single homeowner requires $1075. ASFA chief executive Mary Delahuntry said the Age Pension provided an essential safety net but was not intended to fund the retirement lifestyle many Australians aspire to. "It was ... |
| | | | ... directly for up to three years. However, research by SMC showed taxpayers would have to fund an extra $14,000 in lifetime Age Pension payments for every median full-time worker aged 25 for three years under One Nation's policy. Additionally, a median ... |
| | | | ... spanning banks, investment institutions, market infrastructure and information providers, corporates, data service providers, pension funds and interdealer brokers. It develops standards alongside Statements of Good Practice and Spotlight Reviews aimed ... |
| | | | ... executives and found that ART leads the pack in the take-up of longevity products. Furthermore, ART's account-based pension and lifetime income product are a use case for being able to provide "the closest thing the Australian market has to real-world ... |
| | | | ... which found that super remains key to comfortable retirement. For a single homeowner, it costs $1076 a week. The full Age Pension covers around 60% of a comfortable retirement for a couple and around 56% for a single. "The Age Pension is a social welfare ... |
| | | | ... the country head of Australia and has more than 27 years of financial services experience across investment services, pension, investment and wealth management. Previously, he was head of fund services product development for Asia Pacific at J.P. Morgan. ... |
| | | | ... supporting 123,000 jobs. The research also found the super system supports retirement spending worth double that of the Age Pension each year, significantly lifting retiree living standards and their spending power. "Australia's super system is a ... |
| | | | Australian Retirement Trust (ART) has cracked the top 20 ranking of the world's largest pension funds, while CareSuper has debuted on WTW's annual Global Top 300 Pension Funds report. This year's Thinking Ahead Institute and Pensions & Investments ... |
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