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Showing 51 - 60 of 175 results for "retirement age"

Australia slips in global retirement ranks

ELIZABETH MCARTHUR  |  MONDAY, 30 SEP 2019
... Australians, but the fact is that most balances are too low, particularly given our ageing population, which is why our retirement age is set to increase to 67 in 2023." "Along with Denmark, we are the first of a number of OECD countries to take this ...

Super fund awards Australian equity mandate

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... mandate as large. Huang said: "We are focused on meeting the needs of our members, many of whom are approaching retirement age." "As our members' investment horizons continue to narrow, we looked for a manager that strikes an appropriate balance ...

Super fund awards Aussie equity mandate

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... have worked closely with Omega to better meet the needs of our fund, which has a large base of members approaching retirement age. This is somewhat unusual in our industry and needs a well-crafted solution." "Omega worked with us to design a well-integrated ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... events like illness or redundancy might make it hard to make repayments on the mortgage. Moreover, the closer to retirement age, the less time it will take to recover from such shocks. Then there is the investment risk if house prices fall. The home ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... and fixed income by Michael Korber. "The new Perpetual Credit Income Trust is coming at a time when Australia's retirement age population is growing and looking to meet their income needs in ways diversified beyond their traditional sources of investment ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... independent chair, Scheerlinck said. In breaking news this morning, the Government confirmed it will not raise the retirement age to 70. "Both of these policies have been at the heart of AIST advocacy for many years now," Scheerlinck said. "We are relieved ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... allows older Australians to work longer by virtue of improved health and/or the government's increase in the retirement age) - would expand the pool of available workers in the country. This would keep the unemployment rate higher than it would have ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
Actuary Michael Rice believes there should be a national objective for the Age Pension and the Federal Government could consider setting a combined target for Age Pension and aged care costs as a percentage of GDP. These are two of several policy initiatives ...

Staggering annuities can fund retirement shortfall

KARREN VERGARA  |  TUESDAY, 6 MAR 2018
... inflation where the return of principal is paramount - can solve these numerous challenges retirees face. Upon reaching retirement age, Babbel said he activated as many as seven short-term annuities with different providers. That involved looking at ...

Traditional advice strategies pose retirement risk

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
... those aged 40 and over this will become much more common, even if there is a reluctance to lock away money until retirement age, the tax benefits will outweigh this, together with the benefit of having greater retirement savings," he said.