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Showing 441 - 450 of 1242 results for "Retirees"

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... and so should be its products. "There has been much debate around whether our retirement income system should require retirees to manage longevity risk, however Cbus would caution against the move to mandate a one size fits all approach to retirement ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... Standard typical areas of concern to advisers included clarification of AMP FP's comments on consideration of genuine retirees, negative equity on their loans (as a result of the new proposed valuations) and those which had recently borrowed money ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... case that the way standard passive index funds are held - without protection and with nominal bonds - don't work for retirees like they do for those in the accumulation phase. "It makes no sense for a de-accumulator," he said. "And even some of the ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... return on the dollar At its peak, the fund had nearly $700 million in assets, including money raised from Queensland retirees. At the latest count, the value of its net assets attributable to unitholders is down to just $60 million, according to Whyte's ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed super funds are set to land on a retirement windfall, with enough in savings to fund "aspirational" lifestyles ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... called for the assets test taper to reduce from $3 to $2.25 per fortnight in an effort to improve adequacy for Australian retirees and lift the score. Mercer claimed the report was the first international study of its kind to document the wealth effect ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... around social security means testing," CommInsure head of annuities George Lytas told Financial Standard. "They give retirees and planners the option of customising [their retirement income portfolio] in that they can elect to defer the income payment ...

Allianz Retire+ bolsters distribution team

ELIZABETH MCARTHUR  |  THURSDAY, 10 OCT 2019
... retirement is different and our distribution strategy is centred on education to deliver improved outcomes for Australian retirees. " Cockle and Orrell will both play an integral role in working with advisers and dealer groups, she added. Allianz Retire+ ...

Aussie employers understand importance of advice

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... employees, employers had a good opportunity to help form good savings behaviours early. "Our 2018 GR3 survey shows Australian retirees' top advice to today's savers is to engage pension planning earlier (71% of respondents), followed by saving earlier ...

Australia slips in global retirement ranks

ELIZABETH MCARTHUR  |  MONDAY, 30 SEP 2019
... Luxembourg round out the top 10. The United Kingdom and United States are ranked 17th and 18th in the world respectively. Retirees in the Czech Republic and Israel can expect a better standard of living once they stop work than those in the UK and US. ...