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Showing 851 - 860 of 1358 results for "Retiree"

FEATURE: Defending wealth

STAFF WRITER  |  TUESDAY, 9 JUN 2015
Australia's retirees and those approaching retirement must fight harder than ever to protect their wealth. As rates fall and global growth slows, some are turning to riskier investments to preserve and guarantee their income in this unpredictable environment. ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
The Treasury's proposed changes to the Age Pension in the 2015 Budget were targeted at "liquid millionaires" claiming government assistance, but some industry figures say the new rules will hit the most vulnerable retirees over the long-term. According ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
The Australian Crime Commission believes Stronger Super reforms implemented from 2013 have reduced illegal early release schemes run through self-managed superannuation funds (SMSFs). In its latest report, Organised Crime in Australia 2015, the commission ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Senators Jacqui Lambie, Glenn Lazarus, Ricky Muir and Nick Xenophon have called on the government and opposition to back legislation to broaden access to the Pension Loan Scheme (PLS). The PLS, established by the Hawke government in 1983, is a reverse ...

Retirees urged to add stocks

DARREN SNYDER  |  MONDAY, 25 MAY 2015
... increases the potential for a higher sustainable withdrawal rate throughout retirement. See Matterson's comments on increasing retiree withdrawal rates here.

CFS to distribute Sanlam funds in Australia

ALEX BURKE  |  TUESDAY, 19 MAY 2015
Colonial First State has partnered with South African asset manager Sanlam Group to distribute Sanlam's Managed Risk Funds in Australia. According to CFS general manager product and investments Peter Chun, Sanlam's Managed Risk strategy pivots on reducing ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
In the absence of an increase in the superannuation guarantee, industry representative groups agree Australians will need to put more money in to their super accounts after changes to the Age Pension were announced in the federal budget. Most changes ...

Retirees can increase their withdrawal rate: Milliman

DARREN SNYDER  |  MONDAY, 11 MAY 2015
... environment where the correction happens later in my retirement," Matterson said. The Milliman analysis indicates an increased retiree withdrawal rate lies in the calculation of a sustainable portfolio withdrawal rate and the ability to manage three ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
Federal Social Services Minister Scott Morrison has confirmed that the family home will never be included in the Age Pension means test under a Coalition government. At the same time, a raft of pension reforms potentially saving $2.4 billion in the ...