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Showing 701 - 710 of 1242 results for "Retirees"

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
... supports. The taper rate changes announced by the Coalition in 2015, and due to take effect in January 2017, will see retirees with modest savings and a family home receiving a lower annual income than someone on a full pension. It is reported that pension ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... development of new retirement income products such as deferred life time annuities from 1 July 2017. This will enable retirees to buy products, such as deferred lifetime annuities that they can rely on for a particular level of income for the rest of ...

Australia joining global retirement focus: Challenger

DARREN SNYDER  |  FRIDAY, 20 MAY 2016
... retirement income products. "Among these products will be deferred lifetime annuities which are, effectively, insurance. Retirees would purchase them, probably through a number of regular premiums while they are still working, with annuity income starting ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
A group representing public sector retirees is waiting on the federal government to release figures about Australians affected by the new 10% cap on defined benefit income that is excluded from the pension income test. The Australian Council of Public ...

PROFILE: Mercer senior partner David Knox

DARREN SNYDER  |  MONDAY, 16 MAY 2016
... that is added to an account-based pension. It is a longevity pool where the risk of outliving savings is shared among retirees. With no third-party shareholder and no insurance premiums, all profits go to the participants. "I think it's fair to say account-based ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... products. Assistant Treasurer Kelly O'Dwyer said these products "can provide more flexibility and choice for Australian retirees, and help them to better manage consumption and risk in retirement." Challenger chief executive Brian Benari welcomed the ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
... value of this strategy alongside partial retirement. "What is very clear is that Generation X, Baby Boomers and existing retirees will need to take a careful look at their position to understand and interpret what the changes will mean for them both ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... annuities and group self-annuitisation products. These products can provide more flexibility and choice for Australian retirees, and help them to better manage consumption and risk in retirement," O'Dwyer said. "This change was recommended by the Retirement ...

Sunsuper offering pension bonuses

DARREN SNYDER  |  FRIDAY, 29 APR 2016
... them to make the most out of their retirement savings." "We're always looking for ways to improve our products to help retirees and our members will now have easier access to a top quality pension product for some of the lowest fees in the market," Britton ...

Australians pessimistic about retirement lifestyle

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... lifestyle in retirement, according to new research from CoreData. CoreData's 2016 Post Retirement Report found that pre-retirees expect to need an average of $1,224 a week (up $100 from 2014 and $209 from 2014) and a super balance of $804,559 to maintain ...