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Showing 401 - 410 of 1242 results for "Retirees"

Retirees hurt by APRA dividend pressure

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
Self-funded retirees have seen their nest-egg investment assets plunge due to COVID-19 and pressure from APRA on companies to cut dividends has made matters worse, according to Midsec Financial Advice. Midsec director Phillip Middleton said APRA's pressure ...

Advisers split on COVID-19 opportunity

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... survey demonstrates the role advisers play in Australia's pandemic response, specifically the assistance they provide to retirees and pre-retirees. "Advisers are focused on meeting the needs of existing and/or new clients at this extraordinary time ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... investment but are prepared to take advantage of lower prices in the middle of a crisis." The data also revealed that pre-retirees (aged between 50-64) were the most likely to switch to cash, followed by those aged between 40-49. Those already in retirement ...

Capital retention policies may hit investors: Research

HARRISON WORLEY  |  WEDNESDAY, 6 MAY 2020
... valuation of other firms. "We know that dividend payments are an important component of returns to shareholders, especially retirees. They are also the chief source of franking credits in Australia, and so they are a key part of the attraction for investors," ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... dividends, Dring argued. "The banks are engaged in a delicate balancing act between the needs of shareholders - particularly retirees who may rely on dividend income - and maintaining capital," he said. "While banks are generally reluctant to reduce ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... The change in the minimum pension drawdown rules was welcome but also came with additional considerations, Perri said. Retirees with account-based pensions should be aware that the change applies to both the 2019-20 and 2020-21 financial years. "Retirees ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... packaging, consumer staples, metals and mining. She argues banks and retailers will likely outperform once restrictions ease. Retirees seeking income could benefit from a few of these sectors, Burman Invest founder Julia Lee said. Consumer staples like ...

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... processes," Insight investment director of Australia and New Zealand Bruce Murphy said. "Importantly, we understood that many retirees are faced with the prospect of drawing down on their capital at the wrong time; our approach aims to manage investors' ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
... propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees. Plato Investment Management said underwritten DRPs would help address concerns on the ability of the big four to maintain ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... payouts. The dividend suspensions, deferrals, or cancellations spell trouble for income-focused funds which are popular with retirees and pre-retirees. Morningstar senior analyst Matthew Wilkinson says its universe includes about 11 income-focused equities ...