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Showing 51 - 60 of 1093 results for "retirees"

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... they're meant to do and are suited to the market." "We produce a lot of income products for what is an aging population of retirees and in the volatile equity market that's really resonating with our client base," he says. "For example, that's ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... said. "FSC research has projected that by designing more efficient retirement policy settings the government could boost retirees' incomes by 10% annually, or a cumulative $397 billion by 2050, without changing contribution rates or creating uncertainty ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... retirement (34%) would be helpful in working towards the desired retirement lifestyle. The survey also found that female pre-retirees who make regular voluntary super contributions feel more confident that they will be able to fund the retirement lifestyle ...

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... these tax concessions. The report found that superannuation not only offers a superior long-term financial outcome for retirees but also proves more cost-effective for the government. The Age Pension remains the government's largest retirement-related ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... returns for members while simultaneously catering for the future accommodation needs of Australia's growing population of retirees." According to Aware Super, Oak Tree Group has a secured pipeline for development, comprising over 1000 ILUs. It explained ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... median household superannuation balance at retirement is under $200,000. Yet, Household Capital also deemed Australian retirees "the wealthiest in the world", boasting a median home equity of over $800,000. Household Capital chair Nick Sherry said: "The ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... warning notice had been drafted by 11.34am the following day. At the time of the email, "Mayfair had 570 lenders, mostly retirees, who had subscribed to $211 million of debt instruments. Mayfair at this time had no ASIC or AFCA complaints, all lenders ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... retirement. On a panel at a Financial Services Council (FSC) policy briefing on Thursday, Hillier said the predominant fear for retirees is the risk of running out of money. Addressing this fear is crucial for shifting the emphasis from accumulating ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
Within the decade, retirees will own more than half of all superannuation funds under management (FUM), Rainmaker Information forecasts. Last year, super fund members aged 65 or older owned 40% of Australia's $3.3 trillion in superannuation assets. ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... Adler Freeman & Herz and Console & Associates are already investigating claims on behalf of current and future CalPERS retirees whose information was stolen in the attack, while Console & Associates said it is doing the same for Genworth policyholder ...