Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 1242 results for "Retirees"

Industry reacts to super objective

ALEX BURKE  |  THURSDAY, 10 MAR 2016
... forward for the sustainability of the superannuation industry and will help make a meaningful difference to Australia's retirees."

Mercer issues super fund imperatives

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
... an adequate and sustainable level of income in retirement," Koster said. He added action from the industry to provide retirees with a flexible income solution and an adequate and sustainable income for their retired life also remains a top priority. ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
... critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions of US investors and retirees were impacted by financial advice they believe was inappropriate or not bound by formal best interests obligations. The DOL ...

Financial services adding more to economy than mining

MARK SMITH  |  FRIDAY, 26 FEB 2016
... finance industry works with government to provide clarity and incentives for Australians to ensure the number of future retirees requiring tax payer support is reduced to a minimum."

Treasurer hints at super concession adjustments

MARK SMITH  |  FRIDAY, 19 FEB 2016
... surprised that they will tax people in the retirement phase, changing the rules on people and pull the rug out from under retirees," he said. "The government understands that when you get to the retirement phase and need to drawdown on income, that period ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... superannuation system," he added. He continued that this was a critical development given the growing number of Australian retirees: "We are five years into a 20-year cycle of retiring 'baby boomers'. With over 700 Australians turning 65 every day, ensuring ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
... undertaken without consideration of age pension costs, aged care costs and all sources of potential funding, including retirees' housing wealth. "The Institute strongly supports the Government's intention to remove legislative impediments to product ...

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
... and then incrementally up to 12% by 2025. This increase is important in ensuring that the superannuation system enables retirees to maintain a "comfortable" standard of living throughout retirement, ASFA said. "Future governments need to have the flexibility ...

Martin Currie argues for multi-assets in retirement

DARREN SNYDER  |  MONDAY, 1 FEB 2016
... on Australian assets. The proposal arises from Martin Currie's latest white paper - Rethinking 'safe' investments for retirees - and recommends an Australian retirement income portfolio that includes a real income strategy (A-REITs, utilities etc.) ...

Morningstar says retirees need balance

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... a 90% probability of success between 20 and 40 years in retirement. The paper - Safe Withdrawal Rates for Australian Retirees - also finds that continuing improvements in mortality rates and fees will likely drive safe withdrawal rates lower. But this ...