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

Search Results

Showing 471 - 480 of 1378 results for "Retirement Income"

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... pre-election commitment by abandoning the increase," Rudd said. "This is a cruel assault by Morrison on the retirement income of working Australians and using the cover of COVID-19 to try and get away with it." Rudd said the current Liberal government ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... equities are set to continue to provide dividend income for retirees more so than safe haven assets, according to a retirement income specialist. Plato Investment Management managing director Don Hamson said despite the hearsay that dividends would be ...

Advisers more bearish than clients

JAMIE WILLIAMSON  |  FRIDAY, 28 AUG 2020
... have made retirement planning more challenging than ever, Peker said. "While planners already use a range of retirement income strategies to effectively serve their retiree clients (with income bucketing and a goals-based approach most often used), they ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... numbers of Australians. "Some members, particularly higher earners, may choose to retire with a slightly lower retirement income if they are able to maintain their desired lifestyle with the funds available to them," Callil said. " For others, the most ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... the super sector. Additionally, ASFA said the industry needs to work on reinforcing public confidence in the retirement income system. "ASFA considers that given substantial changes to the taxation of superannuation and the provision of the Age Pension ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... Challenger chief executive of distribution, product and marketing Angela Murphy. "It is an Australian first for a retirement income stream to deliver the combination of income certainty with a variable component linked to the RBA interest rate. The option ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... new objective is to beat inflation over 10 years by 3.25% for their Super-savings account and Transition to retirement income account and 3.75% for their Retirement Income Account. For Australian Shares and Shares option prior to 1 October 2020, Sunsuper ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... tightening superannuation tax concessions (also a call from Grattan Institute, as superannuation industry awaits the Retirement Income Review's final report) and greater action to mitigate climate change.

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
New research released by illion found that 38% Early Release of Super (ERS) applicants saw no drop in their income during the COVID-19 crisis, as withdrawals surpass $31 billion. The research found that the scheme has continues to drive a huge spending ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... sustainable strategy to retail investors by the end of the year. In an update on Magellan's in-the-works retirement income product, the firm said it has received a private binding ruling from the ATO (that gives it an idea of the taxation) and is ...