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

Search Results

Showing 821 - 830 of 1358 results for "Retiree"

Industry funds challenged by lack of in-house advice

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
Industry superannuation funds lack the strong in-house advice services that have been proven essential to retain members in their retirement phase. Research by Tria Investment Partners shows that there is a strong correlation between the scale of a ...

FEATURE: Inflation plus investing

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
... superannuation funds to prove they had done a good job. But a renewed focus on the needs of the end investor -the client, the retiree, the super fund member- has resulted in a broad change across the industry. "For the first time in many years, superannuation ...

Australian pre-retirees streets ahead of US

MARK SMITH  |  TUESDAY, 22 SEP 2015
Industry bodies often say people's super savings will not fund a comfortable retirement, but new stats from the US show just how far ahead Australia is. Figures from US researcher Bankrate show that 26% of Americans ages 50 to 54 have no savings. That ...

Retirees should expand asset classes

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
Sticking to limited asset classes post-retirement may not prioritise income returns and potentially leave retirees with the burden of running out of money. This was a key message from Legg Mason's 2015 Retirement Income Symposium where Martin Currie ...

FEATURE - Retirement income: Finding the right path

DARREN SNYDER  |  TUESDAY, 15 SEP 2015
A new wave of retirees is learning that years of accumulation need further thought. Darren Snyder reports. A recent Commonwealth Bank media roundtable showed projections by Rice Warner that Australia's retirement market would reach more than $1.4 trillion ...

New SMSFs slowing as boomers retire

ALEX BURKE  |  MONDAY, 7 SEP 2015
Net establishments of new self-managed super funds have steadily declined since mid-2014, according to ATO and APRA data. Specifically, net establishments have fallen by 24% to 22,822 in the 12 months to June 2015. While this can be partly attributed ...

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Superannuation industry heavyweights have collectively called for a MySuper-like product to simplify retirement income for retirees. "There are $430 billion worth of superannuation savings sitting in [MySuper] products where pretty much everything is ...

Retirement income is not one-size-fits-all

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
... part-annuitise their retirement balance. AIST chief executive Tom Garcia said the research showed one scenario where a retiree was about $70,000 better off after 25 years in retirement by choosing an account-based pension. He said this additional capital ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
The superannuation system is doing its job, a newly published white paper from the Actuaries Institute has concluded, but Financial System Inquiry chair David Murray argues it must be removed from political intervention. The new paper, 'For Richer or ...

Retirees still cautious about another GFC

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
About one-fifth of retired seniors have kept their savings invested in shares post the global financial crisis (GFC) according to a study by National Seniors Australia and Challenger. The study was based on survey responses of about 2000 retirees, of ...