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Showing 391 - 400 of 1242 results for "Retirees"

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... inception in 1992, the index has risen about 6% on average each year. Further, ASFA anticipates that by 2050 half of all retirees will have achieved its Comfortable Retirement Standard, which is currently $44,200 per year for a single person or $62,400 ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
New research has revealed the extent of the economic impact of the COVID-19 pandemic on the nation's retirees, with many now fearful for the future. In a survey of 1007 current and prospective retirees nationwide, Allianz Retire+ found that four ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... the key to avoiding sequencing risk is to build an "all weather" portfolio. Absolute-return fund Cor Capital said pre-retirees and retirees in particular need to pay attention to sequencing risk to avoid significant losses at a time when they need their ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... be very clear about what this means," Jones says. "Higher taxes, lower productivity, fewer jobs and a bleak future for retirees. Foreign debt will increase as once again we are dependant on the savings of other countries. "Productivity will stagnate ...

Taper rates need revamp

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... relevant thresholds. This was a change from the previous rate of $39. "The current taper rate creates a potential 'trap' for retirees who don't draw down and spend their retirement savings fast enough," Boal said. "If the retiree draws down and spends ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... The amalgamation of the loss of previously reliable income streams, coupled with super-low interest rates, has put some retirees in a more difficult position. Meg Heffron, chief executive at Heffron SMSF Solutions, said as a result of the economic effects ...

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
... with superannuation and investment portfolios "decimated", and dividends and term deposits at all-time lows, Australian retirees need help to fund their retirement. "We are delighted Chris has agreed to join us on a full-time basis," Funder said. "His ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... Rice said that while the "elephantine" system works well in aggregate, he pointed to the administrative pain felt by retirees, and said the system could be cleaned up. "It would be possible to simplify the administration of pension accounts to allow ...

Challenger launches new retirement tool

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
Challenger has launched a new tool to help retirees and pre-retirees better understand the financial realities of retirement. The annuity provider has today launched Retire with Confidence, a tool designed to help retirees understand how long their ...

Technical Services Forum: Testing risk tolerance

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... income strategies in these uncertain markets," he said. In the decade after the GFC, Lowe said over half of Australian retirees were concerned about the prospect of a future significant event or crisis. "Out of those, a fifth felt concerned that in the ...