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Showing 471 - 480 of 1358 results for "Retiree"

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 ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
The current climate is pushing the importance of asset allocation to the forefront of building robust portfolios, prompting investment experts to think outside the box of traditional assets. Karren Vergara writes. The importance of making the right ...

Retired Aussies make financial decisions alone

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
New research shows Australian retirees are not only making financial decisions without professional advice, but in many cases also without the input of their life partners. According to the latest research of global asset manager Franklin Templeton ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... $250,000 and $500,000, they should then add 2% - as long as they meet the statutory minimum drawdown rule. For a single retiree aged between 60 and 69 with an account balance of $350,000 the rule of thumb suggests drawing down 8% of their savings - 6% ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
David Atkin says mandating all default retirement income products to manage longevity risk could hamper funds' ability to tailor solutions to their member needs. Speaking at a retirement income conference in Melbourne yesterday, Atkin said Cbus is currently ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
AMP and the AMP Financial Planners Association have commented on the decision to extend the October 31 deadline originally given to financial advisers given notice by the wealth giant. Meanwhile, the AMPFPA has confirmed action against AMP will likely ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... retirement Darren Beesley warned financial advisers not to dismiss the real risks posed by inflation to the portfolios of their retiree clients. According to Beesley, the issue of sequencing risk is well discussed among the advice community while inflation ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Investors stuck in a Queensland-based mortgage income fund that went belly up in the GFC have finally received an interim distribution. LM First Mortgage Income Fund's unitholders are set to receive an interim distribution of 6.5 cents for each dollar ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
Latest research shows a significant proportion of Australians with self-managed super funds are set to retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
Australia's retirement system has risen in the global ranking of pension systems, but it still has room for improvement, according to Mercer's latest rankings of global pension systems. According to the 2019 Melbourne Mercer Global Pension Index, Australians ...