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Showing 501 - 510 of 1242 results for "Retirees"

Retirement expert joins Milliman

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... to actually help people build the retirement they want and to help the industry deliver the products and services that retirees need." Haqqani added she looks forward to working with the Milliman team at this important time for the industry. Milliman ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... SMSFs. He believes the proposal will likely significantly impact investors in the LICs who are low-income earnings and retirees that don't have a "strong voice." As such, the LICs are advocating for its investors, the majority of which are Australians ...

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... vast majority of those to be hit by Labor's plan are not wealthy, describing the move as a cruel blow to self-funded retirees. The Alliance has estimated about 1.2 million people will be impacted by the proposal, of which 437,000 are SMSF members. An ...

Early financial advice prevents worries at the end

HARRISON WORLEY  |  MONDAY, 14 JAN 2019
... planning Anna Hacker concurred, and said despite advertising around estate planning mostly connecting the practice with retirees, there wasn't any one time to begin. "My position is that there is no real right time - it's just the sooner, the better," ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... receive an indexed pension to support them in their retirement, rather than the lower value lump sums available to other retirees." Those currently working receive pay increases at Average Weekly Ordinary Time Earnings. As retirees are no longer in the ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... design and implementation challenges of CIPRs - and walk away from it if it needed to focus on more important issues for retirees. "While the implementation of the Covenant has been delayed to 2022, if implemented it will more rapidly expand and diversify ...

BlackRock and Microsoft develop retirement platform

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
... millions of hardworking Americans." "Retirement systems worldwide are under stress, and providing financial security to retirees has become one of the most defining societal challenges of our time," Fink said. "BlackRock has a tremendous responsibility ...

Where UniSuper sees market opportunities

KANIKA SOOD  |  MONDAY, 31 DEC 2018
... base is currently in retirement phase and the fund expects the number to grow in future. One change affecting future retirees and pre retirees would be the Treasury's requirement for all funds to offer a comprehensive income product for retirement ...

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... - 40% higher than 2008 balances of $237,000. In 2018, superannuation represented 69% of the gross wealth of intending retirees, which is greater than 53% in 2008. Subtracting the current average debt levels of $26,000, the average net wealth of an intending ...

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
... no longevity protection. That poses difficulties in making assumptions about what will deliver the greatest benefit to retirees." The data has its limitations and is indicative only and can't be relied upon pricing or valuation of retirement income ...