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Showing 491 - 500 of 1358 results for "Retiree"

BetaShares defends Dividend Harvester ETF after critical report

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
BetaShares has been forced to defend it's Dividend Harvester Fund after it failed to achieve an "investable" rating. The fund was the subject of a critical Lonsec report which criticised the "capital erosion" suffered by the product. Returns from ...

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... develop products and strategies for retirees - if they continue to be reactive; they will lose their share of the growing retiree market."

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
The research house has taken umbrage at the public commentary of several influential players over superannuation's eternal policy debate. In a post on its website on Friday, Rice Warner noted the continuous tinkering with the super industry had ...

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... should be combined into a single test, which would be simpler to understand and administer, and encourage appropriate retiree behaviour. "There is no need for a separate assets test. Deeming rules for all assets could allow for consistency between high ...

SMSF Association patron steps down

KRISTI CHENG  |  WEDNESDAY, 21 AUG 2019
The Reverend Tim Costello AO has stepped down as patron of the SMSF Association. Costello assumed the role in August 2017, succeeding former High Court chief justice Sir Anthony Mason. He has resigned for personal reasons. Speaking on behalf of the ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
Plato Investment Management has announced a $200 million entitlement offer for its fund, Plato Income Maximiser (PL8). In response to increasing investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
... of Australia. In ASFA's latest Retirement Standard, it found over the year to June quarter 2019 costs rose by 1.5% for retiree couples at both the 'comfortable' and 'modest' levels, compared to the 1.6%increase in CPI. That's equivalent to an additional ...

Ex-ANZ adviser goes solo

ELIZABETH MCARTHUR  |  TUESDAY, 13 AUG 2019
A former senior ANZ financial adviser has started her own practice, choosing RI Advice as licensee. Alysia Laird told Financial Standard she started Zebra after 16 years with ANZ, when things started to shift for financial advisers at the big bank. ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
A former financial adviser in the US will spend the next 20 years behind bars after defrauding retiree investors of $30 million, some of which was used to fund religious ceremonies to ward off federal investigators. Dawn Bennett of Maryland was this ...

Mercer slams Grattan Institute

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
The ongoing battle between Mercer and the Grattan Institute over superannuation rolls on, with the global financial services firm dedicating an entire report to pulling apart Grattan's "misleading" work. Releasing the report, authored by senior ...