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Showing 701 - 710 of 1358 results for "Retiree"

Former Suncorp executive joins ME Bank

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
ME Bank recently welcomed a new addition to its board. Industry veteran John Nesbitt joined ME Bank as a director, having finished up as chief executive of Suncorp Banking and Wealth in September last year. Nesbitt brings more than 35 years' experience ...

TelstraSuper rolls out digital makeover

MICHELLE BALTAZAR  |  WEDNESDAY, 1 FEB 2017
... corporate super fund, is announcing the first phase of its digital transformation to appeal to its tech-savvy millennial and retiree fund members. This morning the fund launched a new website designed to make it quicker and easier for their members to ...

Banks flag adviser transparency in customer program

ALEX BURKE  |  MONDAY, 30 JAN 2017
Led by the Australian Bankers' Association, Australia's largest banks are launching new initiatives aimed at improving customer satisfaction. The Better Banking program consists of three key steps. These are a renewed commitment to support customers ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
Industry superannuation funds are blaming inadequate compliance measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated ...

Super reforms incubating unemployment risk

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
Recent reforms to superannuation and aged pension eligibility may result in higher levels of unemployment. Findings released by Roy Morgan show the average age of Australians intending to retire has increased from 58 in 2014 to 61 years of age, with ...

Robo critical to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
An online advice provider for retirees is attempting to secure funding in order to partner with major financial services institutions. Fintech firm SuperEd, led by Vanguard Australia founder Jeremy Duffield and former Westpac executive Hugh Morrow ...

ASFA slams Grattan as 'out of touch'

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
The Association of Superannuation Funds of Australia (ASFA) has labeled the Grattan Institute as 'out of touch' following its claims that the age pension and rent assistance would provide an adequate retirement for Australians. In a statement, ASFA ...

NAB appoints research veteran to head retirement arm

ALEX BURKE  |  FRIDAY, 13 JAN 2017
NAB appointed a new head of retirement this month. Brian Long has had an extensive career in investment and retirement research: most recently he was national manager retirement at Colonial First State, where he produced retirement-centric research ...

La Trobe gains new ground on aged care

MICHELLE BALTAZAR  |  THURSDAY, 12 JAN 2017
Lending specialist La Trobe Financial gets a headstart in the aged care sector with a new product that has attracted more than $30 million since launch. A year ago, La Trobe launched a new retirement lending product unseen in the Australian market. ...

Insurance bonds meeting retirement income demand

ALEX BURKE  |  TUESDAY, 10 JAN 2017
... performance of 5.11% per annum after fees and tax. Drawing down $20,000 a year from the imputation bond would leave the retiree with $164,533 in the annuity and $43,750 in the bond after 20 years; and because of the increasing tax credit from bond withdrawals ...