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| | | ... long-term investors, we continue to look for sizeable direct opportunities that enable our members to grow their retirement savings," UniSuper chief investment officer John Pearce said. IFM Investors explained the LTPC Fund targets long-term investments ... |
| | | | ... receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could put their retirement savings at risk. The Australian Financial Complaints Authority (AFCA) and ASIC remain concerned about inappropriate advice to SMSFs. ... |
| | | | ... remains affordable for the government in Australia where, in aggregate, retirees on average have larger private retirement savings balances than in most countries in the world. "This helps cover costs during tougher times, providing a brighter outlook ... |
| | | | ... Australia has promoted Mathew Drennan to chief investment officer, effective December 1. Previously, Drennan served as head of savings and investments, having held this position since March 2018. A spokesperson for Zurich said: "He brings a wealth of ... |
| | | | ... retirement journey is different, and our role is to ensure that they have the confidence they need to spend the superannuation savings they have worked so hard for throughout their working lives to achieve the kind of retirement they want." Schroder ... |
| | | | ... 'own' itself directly? What are the services it wants to outsource? A shared services model would deliver cost savings and a pooled capability with deeper expertise and capability," he stated. Historically, he went on to say, industry funds outsourced ... |
| | | | ... the income required for a comfortable retirement to be $4300 per month. Moreover, 47% expect to outlive their retirement savings. The report attributed this pessimistic outlook to concerns regarding medical treatment cost increases, and rising inflation. ... |
| | | | ... Financial Review (AFR) Super and Wealth Summit, super fund chiefs agreed that the tax concessions on bloated retirement savings accounts should be trimmed. The panel on the strategic directions for super consisted of Mercer Australia chief executive ... |
| | | | ... take a while before you actually see these big drawdowns. He said there are a few options to remedy this. "Retirement savings strategy is multifaceted, you have to think holistically," he said. "So, there are three important points to be mindful of. ... |
| | | | ... confidence ' report noted that when it comes to retirement planning there's no crystal ball to determine how long savings will need to last. However, 'the degree of confidence' regarding length of life are critical to understanding how ... |
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