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| | | ... 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 ... |
| | | | ... just that little bit more at this difficult time," Tindall said. "Increasing term deposit rates will especially benefit retirees, who rely on the interest they earn from their savings. "Notably, Westpac will this week start offering a market-leading ... |
| | | | ... which they often don't need so being able to reduce that to 4.5% is welcome," Shorte said. "Even for those younger retirees, they can use this to implement strategies to make their pension last longer and keep more in pension phase when a spouse ... |
| | | | ... super funds supporting their members through the crisis, particularly those more sensitive to investment markets, such as retirees or members anticipating retirement. "They will need advice on asset allocation, how much to withdraw as pension payments ... |
| | | | ... the introduction of the Transfer Balance Cap (TBC) in 2017 as a key cause for the reduction. Following its introduction retirees with large balances, many of whom were likely members of small funds, appear to have responded by significantly reducing ... |
| | | | ... minimum payment amount for superannuation income streams in a missive he fired off to government last week. De Gori said retirees should be afforded the "opportunity to offset some of the losses they had incurred through the market falls and strengthen ... |
| | | | ... COVID-19 uncertainty, with chief executive Dante De Gori urging the government to consider moves to ease the pressure on retirees, just weeks after he had an audience with the retirement income review panel. De Gori's letter calls on the government ... |
| | | | ... to the market as volatility increases," Morningstar said. "This strategy is designed to reduce "sequencing risk" for retirees, minimising the exposure to large drawdowns, at the cost of generally lagging upwardly trending markets. "While the strategy ... |
| | | | ... release market is extremely promising, with Household Capital at the forefront of developing innovative funding options for retirees. We're looking forward to working together to help grow the scale of the business so that consumers have better options ... |
| | | | ... It also suggested funds should expand education and advice services to members and improve investment strategies for retirees. Meanwhile, Industry Super Australia (ISA) estimates men have $282 billion more in their super funds and on average retire will ... |
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