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

Search Results

Showing 481 - 490 of 1242 results for "Retirees"

Rising costs outpace retiree savings

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
The savings of retirees can't keep up with the skyrocketing costs of goods and services, a retirement index shows. The Association of Superannuation Funds of Australia's Retirement Standard for the March quarter estimates retired couples need ...

Super stability not guaranteed: Rice Warner

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... said. The firm said support for people approaching retirement was a key area in need of reform, and pointed out intending retirees are faced with complex issues which often call for specific help in the form of financial advice. "One of the areas needing ...

Labor policies boost superannuation agenda

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... party have made a commitment to address concerns with the Age Pension taper rate, which was "too steep" and denied many retirees with relatively low super balances access to the part Age Pension. AIST chief executive Eva Scheerlinck commented that Labor's ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... expectancy is increasing when in fact it has contracted for the fourth consecutive year. After analysing the mortality of UK retirees on defined benefit plans, the KPMG 2019 Pensions Accounting Survey found median life expectancy has fallen by 0.2 years ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... advises an annual income of $42,953 would provide a 'comfortable' retirement. The Alliance points out that self-funded retirees save the taxpayer money and said this is a reason franking credits should remain. Rice Warner executive director Michael Rice ...

Boutique appoints portfolio manager

KANIKA SOOD  |  WEDNESDAY, 8 MAY 2019
... generating alpha and we are delighted to have him join our team. Vertium aims to deliver a low risk equity income stream to retirees and Tomas has all the right attributes to help us achieve this objective," Teh said. The team now has four investors. ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... million Australians intend to retire in the next 12 months - a 6% increase on 2018. However, the research shows intending retirees have average growth wealth of just $299,000. This is well below the $545,000 the Association of Superannuation Funds of ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
... according to National Seniors Australia. The report, launched in conjunction with Challenger, shows over a quarter of retirees who claim they can't tolerate a loss of more than 5% invest all their savings in equities. An additional 43% invest at least ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue living at home, ME Bank and Household Capital said. Household Capital managing director Joshua Funder ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... whether product providers should inform advisers prior to purchasing products that are more appropriate for self-funded retirees, Lowe confirmed advisers needed to be kept informed of which products have social security benefits. "I think there's ...