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Showing 631 - 640 of 1242 results for "Retirees"

Pre-retirees robbing Peter to pay Paul: REST

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
Sandwiched between financial needs of adult children and elderly parents, pre-retirees (aged 50 plus) are in desperate need of financial advice or they risk retiring without adequate funds, warns REST Industry Super. In a new report the $40 billion ...

Millennials' financial heartache drives P2P lending

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... property. The increase in investment however did not only come from millennials. In the past 12 months, post-millennials, pre-retirees, and retirees have all increased their investment in P2P by 209%, 264%, and 212% respectively (see Table 1). As the ...

Industry fund teams with Challenger on retirement

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... results, Challenger has partnered with a number of investment managers to develop a retirement product for Australian retirees including an annuities partnership with BT Panorama; white-labelling a Standard Life Investments absolute return fund in Australia ...

Challenger launches advice tool as reforms loom

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2017
... Pairing account-based pensions with lifetime annuities can improve financial outcomes in retirement and reduce the risk of retirees outliving their savings," Howes said. The Retirement Illustrator uses an income layering methodology, dividing income ...

Housing affordability threatens super's future

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... significant threat to the adequacy of Australia's retirement income system, according to a new report. If the trend continues retirees will be increasingly forced to use superannuation to discharge outstanding mortgages, seeing more people rely on the ...

AMP upgrades wrap platform

KARREN VERGARA  |  THURSDAY, 23 MAR 2017
... financial goals." The enhancements follow the launch of the MyNorth Pension payment solution in February, which calculates retirees' spending in relation to the longevity of their savings, with the drawdown amounts adjusted annually. Both the MyNorth ...

Workers' retirement angst growing

KARREN VERGARA  |  MONDAY, 20 MAR 2017
... professionals such as financial planners or go directly to their super fund to help them reach their retirement goals. Retirees who used a financial planner allocated nearly twice as much of their savings to retirement income products than retirees who ...

No such thing as a must own company: Analyst

DARREN SNYDER  |  FRIDAY, 17 MAR 2017
... these key adjustments to a company's financials to get a true picture of a business. In 2008, GM was really owned by retirees and its employees rather than shareholders." He added that analysts at Davis Advisors adjust earnings for a range of factors. ...

ACSI adds AustralianSuper chief to board

EMMA RAPAPORT  |  FRIDAY, 17 MAR 2017
... managers manage more than $450 billion in assets on behalf of over eight million Australian superannuation fund members and retirees. Earlier this year, Silk was also named as part of the newly created Principles for Responsible Investment (PRI) Asset ...

UniSuper redefines comfortable retirement

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... the member prior to retirement," UniSuper chief executive Kevin O'Sullivan said in a statement. "It is important for retirees to be able to maintain their standard of living in retirement equivalent to what they enjoyed while working. While that can ...