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Showing 561 - 570 of 1358 results for "Retiree"

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Challenger is ramping up its distribution capabilities by launching its annuities on a fifth platform. Challenger fixed-term and lifetime annuities will launch on the netwealth platform. It follows an announcement in August that saw products made available ...

Australian retirement system weakens

JAMIE WILLIAMSON  |  MONDAY, 22 OCT 2018
An ageing population is placing increased pressure on the Australian government as the nation's ability to ensure individual's retirement is both adequate and economically sustainable is diminishing. Australia has slipped down the ranks of the ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The listed investment company, with about $5.5 billion in funds under management, condemned Labor's franking credit policy at its annual general meeting. Holding its AGM this morning, Argo Investments said Labor's policy to remove refundable franking ...

Government to relax super work test

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The Federal Government is aiming to boost the superannuation balances of retirees by relaxing the super contributions work test for one year. To be able to make voluntary contributions to super, members aged 65 to 74 are generally required to work a ...

Financial advice as charitable giving

JAMIE WILLIAMSON  |  MONDAY, 1 OCT 2018
A new financial advice firm operating as a charity is changing the lives of low income earners in Western Australia. Registered with the Australian Charities and Not-For-Profit Commission, Leda Financial Advice was founded by financial adviser Michael ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
Class action proceedings have been filed against NAB and MLC for the sale of worthless consumer credit insurance. The two companies will face Slater and Gordon in Federal Court after the law firm officially filed proceedings. Slater and Gordon allege ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... considered. This includes cash flows, investments and estate planning issues. Advisers would have many clients who are in pre-retiree on retirement phase and will need assistance with aged care and intergenerational wealth transfer at some point, he ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... in retirement and other purposes, with our calculations showing it will cut about $5000 of income from the median SMSF retiree earning about $50,000 a year in pension income," Maroney said. "The notion that this proposal will only affect the wealthy ...

Big-spending retirees live in Melbourne: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... areas. Caboolture retirees' average annual expenditure could be entirely funded by the full Age Pension, Milliman noted. Retiree couples living in Stonnington would need a superannuation balance of more than $403,000 to sustain their spending habits ...

Australian retirement outcomes among the best

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
Latest research from Natixis Investment Managers shows the wellbeing of Australia's retirees remains steady. For the third year running Australia has placed sixth overall for retirement outcomes in Natixis' Global Retirement Index, sitting behind Switzerland ...