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Showing 31 - 40 of 175 results for "retirement age"

Work, retirement redefined: Vanguard study

CHLOE WALKER  |  MONDAY, 8 MAY 2023
... who do not use a financial adviser. "This might be a result of Australians becoming more realistic about their retirement age as they near this phase of life, as opposed to younger Australians who might be more idealistic about earlier retirement or ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... largest share of assets under management (AUM) in the pension phase. Meanwhile, as the baby boomer generation reaches retirement age, with over half having reached 65 by 2020, APRA predicts that 3.6 million Australians will retire in 10 years from 2021. ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... and over due to poverty and housing prices. She added there will also be a significant number of people who hit retirement age with mortgage debt or rental obligations. "It's increasing significantly and that's two cohorts, people who couldn't afford ...

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... concessions. The sustainability of Australia's retirement income system is supported by it having a higher retirement age compared to other OECD nations. Additionally, Australia's flat rate age pension is targeted towards retirees with lower ...

Dataset to ease policy planning for ageing population

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... driving the trend into later retirement. According to the dataset, and assuming an age of 45 in 2022, the expected retirement age for men was 66.2 years of age, while it was 64.8 years of age for women. Just two decades ago, the expected retirement age ...

Advising an ageing population

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... life expectancies at around 70," he said. "But as we're living longer, we're trying to just raise that retirement age; I think that's going to cause a lot of problems." And a good life isn't just about financial assets either, he noted. "Other ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... face of these strong headwinds," he said. "Governments in Europe and the UK are actively considering raising the retirement age or slashing the amount of pension retirees receive as they struggle to deal with the global economic challenges they are facing. ...

Those most in need of advice see least value in it: Research

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
... targeted specifically to consumers seeking retirement planning and superannuation advice and who are in the pre-retirement age group (aged 55 or more)," the research states. The research was led by financial planning lecturer professor Chandra Krishnamurti ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... Australian Tax Office reports women's median superannuation account balances are 20.5% less than those of men at retirement age. The Association of Super Funds of Australia (ASFA) says the gap is larger, with their numbers indicating women retire with ...

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
Australians are less optimistic about retiring at their desired age compared to their global counterparts, a new study shows. The latest Global Defined Contribution Participant Survey by MFS Investment Management of 4000 respondents found that only ...