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Showing 541 - 550 of 1358 results for "Retiree"

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... proposed reform's impact until it is implemented. Going further, Ralston said these changes could see an SMSF or self-funded retiree with investments in Australian equities end up worse off than if they had not saved for retirement at all. "For example ...

Early financial advice prevents worries at the end

HARRISON WORLEY  |  MONDAY, 14 JAN 2019
Seeking financial advice earlier in life could be the difference between worrying and reflecting on a life well-lived. Latest research from Towson University in the US shows that rather than reflecting life successes, when on their death bed people ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
A retiree body that was set up before the Sydney Harbour Bridge was built shutters its doors this year - in a clear sign of the times. The Superannuated Commonwealth Officers' Association, established in 1923, had 50,000 members at its peak. But ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The government should abandon the Retirement Income Covenant proposed last year, if it can't sufficiently remediate its flaws by the deadline, the Productivity Commission says in the final report. Treasury has already extended the deadline on Comprehensive ...

BlackRock and Microsoft develop retirement platform

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
BlackRock will partner with the global technology giant to develop a new retirement platform. Noting the responsibility for retirement planning now rests with millions of Americans, Microsoft has partnered with BlackRock, and the two global giants intend ...

Where UniSuper sees market opportunities

KANIKA SOOD  |  MONDAY, 31 DEC 2018
UniSuper chief investment officer John Pearce spoke to Financial Standard earlier this month about market opportunities, building the fund's in-house investment team and CIPRs. Pearce said the fund doesn't particularly see a need to pull back ...

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... greater than 53% in 2008. Subtracting the current average debt levels of $26,000, the average net wealth of an intending retiree in 2018 is $305,000. Roy Morgan has described this as "generally inadequate for self-funded retirement." "The overall conclusion ...

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
... and can't be relied upon pricing or valuation of retirement income products, the paper said. The paper, Exploring Retiree Mortality, comes in response to the Australian government's decision to stimulate industry development of post-retirement ...

Stop undermining franking credit refunds: Wilson

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
Wilson Asset Management chair Geoff Wilson warned the proposed changes to franking credit refunds will not only damage the Australian economy but undermine the tax system. Wilson presented an economic case on why both sides of politics should safeguard ...

Retirees happier as they get older: Research

HARRISON WORLEY  |  THURSDAY, 29 NOV 2018
Latest research reveals retirees become much happier as they move through their post-paid work life. A State Super research survey titled Beyond Paid Work shows 82% of the fund's retirees have positive feelings about life in retirement, and highlights ...