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Showing 341 - 350 of 1242 results for "Retirees"

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... such as how longevity risk should be managed with the industry but made it clear that improving the living standards of retirees is a key priority. Despite minor challenges, Frydenberg put superannuation trustees on notice, saying there should be no ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... what it paid this time last year. Peter Gardner, a portfolio manager at Plato Investment Management, commented that many retirees reliant on this form of income would have been eagerly anticipating the bank's dividend announcement. "While today's dividend ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
... play a greater role in supporting customer retirement income, and attracting new customers more directly, including pre-retirees," Howes said. "The high strategic acquisition reflects our confidence in the broader role that guaranteed products will play ...

Pension fund members incur post-Brexit fees

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... is investigating whether any other banks have also deducted fees. The UNJSPF has long routed all pension payments to retirees and beneficiaries who receive them into bank accounts in the Eurozone via JP Morgan Chase's London branch, its own bank. Despite ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... thing by investors. Especially those fund managers preying on unsophisticated investors, such as older Australians and retirees in regional Australia." The court heard in September 2020 that M101 Nominees was unstable because it was raising funds from ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... journey to develop better retirement income options for Australians and this solution will allow the growing number of retirees to have more confidence to manage their finances, so that they will not run out of money in retirement and have a more relaxed ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with legacy products, who were previously unable to commute amounts exceeding their transfer balance cap, will be able to undertake ...

Retiree strategies need greater attention: Research

ANNABELLE DICKSON  |  WEDNESDAY, 6 JAN 2021
... (FPA) and CoreData released a report Building Better Retirement Futures, which aims to equip advisers with solutions for retirees. Fidelity International head of client solutions and retirement Richard Dinham said as the retiree client group grows it ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... further diversify our distribution channels," Howes said. "Term deposits represent a significant asset class for Australian retirees and entering the market provides an opportunity to play a greater role supporting the retirement incomes of our customers ...

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... government stimulus measures including allowing individuals early access to their super, through the ERS scheme, and retirees to temporarily reduce their minimum drawdown amount by 50%. Micale said in addition to implementing those measures the ATO also ...