Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 461 - 470 of 1242 results for "Retirees"

SMSF Association patron steps down

KRISTI CHENG  |  WEDNESDAY, 21 AUG 2019
... financial security, it's also a time to be able to give back to the community in a way that is beneficial and gratifying to retirees and the broader society - and this is what he asked us to reflect on." She added that in succeeding Mason, Costello was ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... dividend of 3c a share, the dividend yield was 8.2% and 11.7% with franking credits. Hamson added that it is timely for retirees, in particular, to reconsider their income generating asset mix, saying it is becoming "increasingly difficult for retirees ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
While the overall inflation rate has been low, retirees are seeing a "steep" increase in the cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June ...

Ex-ANZ adviser goes solo

ELIZABETH MCARTHUR  |  TUESDAY, 13 AUG 2019
... couple of advisers might be joining the practice in the future. Further, the majority of Zebra's existing clients are retirees, but Laird said she is looking to move into a new market. "If there was another segment I'll be targeting going forward it ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
... her jail term is complete, she will spend a further five years on supervised release. "Dawn Bennett knowingly defrauded retirees of their life's savings - most of which she used for her own personal benefit," US Attorney Robert K. Hur said. "She's been ...

Mercer slams Grattan Institute

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... retirement, and said its research failed to recognise retirees' desire for capital. "Mercer's research has shown that retirees want a stable income for their whole life, as well as access to capital to provide them with some protection from unexpected ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... adviser stops receiving commissions. He also criticised the bill for making no provision to prevent the possibility that retirees could lose more by giving up favourable tax and pension treatments on their existing investments if they are forced to move ...

Super working in favour of all members

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... increasingly becoming self-sufficient in retirement thanks to mandated superannuation contributions. The number of self-funded retirees is tipped to rise to 43% in 2023, which has almost doubled from 2000 at 22%. Australians aged between 60 and 64 are ...

Cooper Investors launches equities fund

KANIKA SOOD  |  MONDAY, 22 JUL 2019
... volatility than the global equities market and to outperform in periods of market weakness, with and target investor base of retirees, charities and foundations. Cooper Investors' global equities team will manage the fund. "This endowment mindset way ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... envy of other countries and which as it matures is delivering substantially higher retirement incomes for the bulk of retirees," Fahy says. "Many of the recent "reforms" in effect are about shifting the burden of fees from one class of members to another. ...