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Showing 831 - 840 of 1242 results for "Retirees"

SPAA rejects compulsory annuitisation

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
... Australia in its submission to the Financial System Inquiry (FSI) "SPAA does not support policy incentives that encourage retirees to purchase one particular type of retirement income product over another," the organisation said. SPAA added that it is ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... Rice Warner has devised a default pension product based solely on an account-based pension model. It aims to provide retirees with income from investment earnings while keeping their capital invested in growth assets. This strategy, Rice said, is more ...

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
... streams and the lack of a suitable range of products flexible enough to meet the varying and growing needs of Australia's retirees. "As an industry, we should view this as an opportunity to build on the lessons that have been learnt as the system has ...

SPAA defends SMSF tax rules

JAMES FERNYHOUGH  |  TUESDAY, 26 AUG 2014
... she told Financial Standard. "It's just that SMSFs are more transparent." When asked whether she thought high-balance retirees were paying their fair share of tax, she stressed that, by funding their own retirement, they are taking pressure off the age ...

SMSF wind up trend is not real: SuperGuardian

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... causes to wind up SMSFs can be death or ageing of a trustee, the taxation benefits of SMSFs becoming no longer relevant to retirees or moving oversees.

Global Wealth Partners to launch fund on ASX

MARK SMITH  |  MONDAY, 11 AUG 2014
... sound investment strategy but Australian investors, particularly those with self-managed super funds and self-funded retirees, are significantly underweight global assets," head of MAAM Andrew Martin said. GWP gives access to four leading US-based alternative ...

Lump sum rules 'utterly unsustainable': Sherry

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
Former minister for superannuation Nick Sherry has branded as "utterly unsustainable" the rule allowing Australian retirees to withdraw their superannuation as a lump sum. Speaking in the opening session of the Financial Services Council conference ...

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
... retirement income products will skyrocket." "Our modelling shows that a portfolio focused on yield is particularly suited to retirees in Australia who want a reasonably stable income stream, but who also want their capital to last as long as they do." ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... the next four years. The previous government's Living Longer Living Better (LLLB) reforms established that self-funded retirees would be responsible for accommodation and personal living care costs, while the government would provide for health care ...

Default pensions 'very logical' solution: Brogden

JAMES FERNYHOUGH  |  THURSDAY, 31 JUL 2014
A MySuper-style default retirement product could be "a very logical" way to encourage retirees to take income streams rather than lump sums, according to Financial Services Council (FSC) chief executive John Brogden. Brogden's comments came in response ...