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Showing 771 - 780 of 1358 results for "Retiree"

Australians pessimistic about retirement lifestyle

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... balances at retirement of $292,500 for men and $138,150 for women fall well short of the $800,000 balance the average pre-retiree expects they'll need. "The reality is that retirees are either going to have to drastically alter their expectations for ...

Pre-retirees understand super's objective

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
More than 80% of pre-retirees are expecting superannuation to be the source of their retirement income, highlighting senior Australians are conscious of super's objective. A recent survey commissioned by Challenger, and conducted by the National Seniors ...

Plato releases global managed risk fund for retirees

ALEX BURKE  |  TUESDAY, 12 APR 2016
Plato Investment Management has launched a managed risk version of its Global Shares Income Fund, targeted at retiree investors looking for access to global equities. The goal of the managed risk fund is to deliver income while "substantially" reducing ...

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
An association for corporate superannuation advisory businesses has labeled the Financial System Inquiry's definition of super's objective as impersonal and believes it should be more meaningful to working Australians. Workplace Super Specialists Australia ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
Prime Minister Malcolm Turnbull has defended industry regulators in the wake of Opposition Leader Bill Shorten's call for a Royal Commission in to the banking and financial services sector. At a doorstop interview in Sydney yesterday, Turnbull said ...

The lucky country may not be so for future generations

WHITNEY FITZSIMMONS  |  MONDAY, 4 APR 2016
New research from MLC reveals a third of Australian parents think lack of financial planning will prevent their children from enjoying the same lifestyle as them, with nearly 60% of the 2,000 surveyed saying the next generation will never own their ...

Lump sum withdrawals to fall to 4% by 2025: Rice Warner

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... and Rice Warner the downwards trend suggests that the higher the super balance at retirement the higher the chance the retiree will take an income stream. Instead of taking a single lump sum payment many retirees will instead opt to take a small lump ...

Planners turning to annuities and outcome funds

MARK SMITH  |  WEDNESDAY, 23 MAR 2016
... retirement planner report from Investment Trends. Over the past 12 months, financial planners placed only 16% of their new retiree client flows into cash and term deposits, according to the researcher, down from 22% in its last study. Relative to their ...

CFS upgrades FirstChoice and FirstWrap

MARK SMITH  |  THURSDAY, 17 MAR 2016
Colonial First State (CFS) has made more enhancements to its platforms to help advisers spend less time on back-office work and more time in front of their clients. CFS general manager product and investments, Peter Chun, said the improvements responded ...

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia believes one of the keys in defining super's purpose will be including an adequacy benchmark. Garcia admits an adequacy benchmark will be "devilishly hard to define" but ...