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Showing 461 - 470 of 1357 results for "Retiree"

Industry fund introduces new fee

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
One of the country's largest industry funds has announced a new fee for retirees. First State Super customers will face changes to the Retirement Income Stream (RIS) and Transition to Retirement Income Stream (TRIS) fee structure on 1 April 2020. ...

BetaShares calls for universal pension

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... savings are discouraged due to the effect of losing pension entitlements. "With a universal pension in place, an Australian retiree can choose to spend or save additional income or assets based on their personal circumstances, without that choice being ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
The specialist retirement funding provider completed its submission to the Retirement Income Review in response to the government's consultation paper released late last year. The report said the purpose of the review is to ascertain the degree ...

Beware the retirement trap

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... pension multiplier. This is a number (greater than or equal to one) which represents the current or future income stream a retiree can expect relative to the age pension (for example, a pension multiplier of 1.5 means that income of one and a half times ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... new Income ETF Model Portfolio supports financial advisers in creating a simple portfolio of ETFs targeting income for retiree clients," he said. Neiron said the portfolio launch comes at a time when ultra-low interest rates are impacting investor returns. ...

Radio host adviser revealed as alleged fraudster

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The US Securities and Exchange Commission has charged a radio host and investment adviser with defrauding hundreds of retail clients out of millions. Keith Springer hosted a radio show called Smart Money with Keith Springer, which is how many of his ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
The superannuation industry will undergo profound changes that will see it grow to become a $7 trillion market ($4.8 trillion in today's dollars) by 2034. But it's not all good news for the retail sector. That's according to the latest report from actuary ...

Sargon opens door to trustee tech

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Sargon has announced its full-stack trustee technology will launch as a Software as a Service (SaaS) offering for superannuation trustees in Australia and New Zealand. The financial technology and infrastructure company said its Sargon Trustee Cloud ...

Super funds set to dominate ASX: Deloitte

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
Australia's superannuation system is set to balloon beyond $10 trillion in the next 20 years and may come to own more than 60% of the market capitalisation of the ASX, according to Deloitte. New analysis from the global consultant shows the next 20 ...