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Showing 701 - 710 of 1434 results for "The Age"

Half of SMSFs set for super change slug

MARK SMITH  |  FRIDAY, 29 JUL 2016
... annum. Left inside super, this jumps to $173,000 per annum. The study also found that almost one in five SMSF trustees over the age of 65 have balances above $1.6 million meaning this segment of the super savings system is likely to be impacted most ...

Retirement system needs work: Actuaries

DARREN SNYDER  |  THURSDAY, 28 JUL 2016
... "The next step is to understand why? It could be intentional and a natural step as their income needs decline, such that the Age Pension is sufficient at older ages. On the other hand, they may have lost money due to dementia, financial abuse of some ...

Micro-investment app hits 100,000 users in Australia

ALEX BURKE  |  MONDAY, 25 JUL 2016
... offering. "Fifty per cent of downloads have been generated by investors aged 25-34 years, with 90% of our customers under the age of 45 years. The app is giving them a frictionless way to get invested. Acorns' technology levels the playing field, opening ...

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... panelist and UniSuper chair Chris Cuffe's comments about how the superannuation system was "never meant to totally replace the Age Pension," Lloyd said that there was little the super industry could do to solve the fundamental problem of Australians ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... formally-defined objective for the super system - that is, "To provide income in retirement to substitute or supplement the Age Pension." That meant, she clarified, that super shouldn't be used "to accumulate unlimited wealth to pass on to the next generation," ...

Well over $3m in super savings needed

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... Bewley. The research concluded that "around $3.2 million is necessary to achieve a retirement income of around four times the age pension - the benchmark set by the treasurer in the budget." It argues that "well over" $3 million is necessary to provide ...

Super gap concerns plaguing over 50s

KERRIE SYDEE  |  FRIDAY, 3 JUN 2016
... next quarter One in five young Australians expect to retire before 60, compared to less than one in ten of those over the age of 50. Around one in five "don't know" how much they'll have in retirement.

PROFILE: FSC chief executive Sally Loane

ALEX BURKE  |  TUESDAY, 31 MAY 2016
... field, so I eventually went down into the Canberra press gallery and spent a lot of time working with Michelle Grattan at The Age. She was the doyenne of the gallery - still is now, even if she's not there. She was a great role model." The full article ...

Super needs to pick up its retirement game

DARREN SNYDER  |  MONDAY, 30 MAY 2016
... holding back Australia's retirement system: a diversity of investment outcomes or sequencing risk and how to best manage the Age Pension. On investment outcome diversity, Howes said asset allocation for retirees is generally the same in accumulation ...

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
Advocacy group Protecting Seniors Wealth has launched a new education program designed to address an increasing trend in financial abuse of the ageing demographic. The program titled "Lead with impact" consists of workshops, presentations, tailored ...