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Showing 41 - 50 of 95 results for "Inheritance"

Super runs out before death: ASFA

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research claims that the majority of Australians deplete their superannuation savings before death, countering the Retirement Income Review's findings. The Association of Superannuation Funds of Australia (ASFA) claims that most retirees run out ...

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... - are children born by sperm donors or artificial insemination treated differently under the law when it comes to inheritance? Samantha Smorgon is disputing her father, Robert Smorgon's, will which defined her as a step-child because she was conceived ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The superannuation system encourages Australians to rely on their own savings to fund retirement but the burden on younger generations to fund the Age Pension should not become unsustainable, the Retirement Income Review has stated. The review noted ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
... invaluable through periods of change. Whether personal circumstances change, as a result of redundancy, personal trauma, inheritance or business transactions, advisers will work with clients to identify the best path forward," the report states. "If ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... and financial adviser declare them wholesale clients. When the wife in this imaginary scenario comes into a $20,000 inheritance she tells the adviser that she has no clue about money matters and asks for a recommendation. The stock the adviser recommends ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
... second generation and 90% will lose it by the third. According to Baker, it's the stigmas that plague discussing inheritance that are leading to these figures. "Conversations about money can be awkward, and for many, discussing where and how your ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... it takes to repay the loan, the more interest is paid." Retirees must also consider if the scheme could erode the inheritance they pass on to their children, if the latter generation has to pay their outstanding loans. "For retirees the Pensioners Loan ...

Wills are an afterthought for the rich: Lawyer

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
... said. Australian Unity Trustees general manager Emma Sakellaris, who also spoke at the event, is seeing "fast track to inheritance" scenarios among families whereby parents live longer and children become increasingly "antsy" about their inheritance. ...

Where UniSuper sees market opportunities

KANIKA SOOD  |  MONDAY, 31 DEC 2018
... that at the same time gives you high returns and gives you a capital guarantee and allows you to pass something on as inheritance and [beats] the inflation index." Pearce also said the inflation-linked returns requirement for CIPRs may not always work ...

Staggering annuities can fund retirement shortfall

KARREN VERGARA  |  TUESDAY, 6 MAR 2018
... time, operate in a way that provides immediate and deferred income, supply for a rainy day - and provide an early inheritance. The beauty of gifting earlier, which he began four years ago, rather than later is that it enables him to see how the money ...