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Showing 11 - 20 of 174 results for "retirement age"

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... Super, Christina Langby underlined the importance of recruiting a dedicated retirement chief as more members reach retirement age. "Retirement income is a high priority, and appointing Sarah will further assure our members that we are looking after their ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... to bring the price of advice down." Howarth said the superannuation industry is shifting as more members reach retirement age and require advice on how to navigate the transition. "This demographic shift will be a challenge for future governments, and ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
For the first time since the 1970s, China will begin "gradually raising" the national retirement age from next year as it looks to stretch a dwindling pension budget further to sustain its ageing population. The country has approved proposals to raise ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... deputy chair Sarah Court said Jayaweera's actions betrayed the trust of his clients with some clients at or near retirement age and caused them significant financial harm. "This sentence demonstrates that such behaviour will not be tolerated," she ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while women are pushing retirement age to 64.8 years old from 61.6 years old. Over the last two years, however, the expected retirement age for both men and ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... retirement system under immense strain, he added. So, as people are living longer, we should discuss what the average retirement age should be. Instead of pushing back retirement benefits, we should encourage people to work longer by treating 60-plus ...

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
... most public sector workers taking unpaid parental leave, which can reduce their superannuation savings. Women at retirement age typically have superannuation account balances 25% lower than men. WA premier Roger Cook said he would like to see more private ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... research by Foresight Analytics, Australian private debt has been an increasing mainstay for investors approaching retirement age. Foresight Analytics latest paper, titled Australian Debt Megatrends, stated that local private debt is the perfect retirement-age ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... $50,000 in income would cost more than $900,000, Rainmaker said. This, despite APRA data showing that only 3.3% of retirement age members in not-for-profit and retail super funds have more than $1 million in their super account. Almost half of the total ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... Institute dialogue paper, Retirement matters, explained that such a framework would include support regarding optimal retirement age, debt management, Age Pension entitlements, retirement income needs, and anticipated future living expenses. It elaborated ...