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Showing 591 - 600 of 1242 results for "Retirees"

Super lump sums increase poverty risks: Report

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
A high prevalence of Australians receiving superannuation payments as a lump sum is exacerbating the risk of retirees falling into poverty, a global study shows. Three out of 10 Australian retirees over 75-years-old are income-poor, and living on less ...

Aussie super maintains good grades

DARREN SNYDER  |  MONDAY, 23 OCT 2017
... some countries need to learn from leading countries or risk creating intergenerational equity issues and disappointed retirees, Mercer said. Mercer president of health and wealth Jacques Goulet said increasing life expectancies and low investment returns ...

CommInsure adds new annuity strategy

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
... and not merely prepare for their general life expectancy, Babbel said. The Staggered Annuitisation strategy calls for retirees to divide their retirement income funds into three 'buckets'. The first bucket is for lifetime income annuities to begin making ...

Equity income boutique enters retail market

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
... Wheelhouse Partners' Wheelhouse Global Equity Income Fund has embedded a derivatives-based solution that will benefit retirees' investment outcomes and combat market volatility and longevity risks. Wheelhouse portfolio manager Alastair MacLeod said large ...

No longer doing it for the kids

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2017
Leaving an inheritance for children is no longer a priority for retirees although seeking out financial advice to help navigate retirement is of high importance. Latest research from Challenger and National Seniors Australia shows 3% of over-50s intend ...

NZ manager launches retirement product

EMMA RAPAPORT  |  MONDAY, 25 SEP 2017
... KiwiSaver Schemes managing director Sam Stubbs said the new fund provides welcome choice for older New Zealanders. "Too often retirees have to choose between very low term deposit rates with break fees, or overly risky investments. They deserve better," ...

Ethical investing fruitful for income investors

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
Retirees looking to include preferences for high environmental, social and governance performance and reduced carbon in global equity dividend strategies can do so without forfeiting income, according to AXA Investment Managers. A recent study by the ...

Lower returns but higher balances for SMSFs

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2017
One quarter of self-managed superannuation fund retirees have a less than 50% chance of achieving their retirement goals with the amount needed to afford a comfortable retirement jumping 17%. Latest research from the SMSF Association and Accurium demonstrates ...

Managed accounts add brilliant value for dealer group

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
... portfolio; the active or tactical component sits between 10% to 30%. The 'Reserves' portion is perhaps the most important for retirees as cash and short duration fixed income investments provide about four years of liquidity, he said. "If a client has ...

DomaCom and ASIC reach agreement on retirement products

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... battle between DomaCom and the corporate watchdog. DomaCom chief executive Arthur Naoumidis said the product, which allows retirees to sell part of their home while remaining in it, has the potential to be a meaningful solution to Australia's growing ...