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Showing 891 - 900 of 1358 results for "Retiree"

TAL lobbies for annuity regulation change

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Life insurer TAL has argued in favour of regulatory changes to income stream products in a detailed response to the Treasury's 'Review of retirement income stream regulation' discussion paper. TAL said that regulation "should be broadened to enable ...

BetaShares launches new equity income fund

MARK SMITH  |  THURSDAY, 6 NOV 2014
Exchange traded fund (ETF) provider BetaShares is targeting SMSF investors and retirees with the launch of a new yield-focused ETF. The BetaShares Australian Dividend Harvester Fund (managed fund), will trade under the ASX code "HVST". It seeks to maximise ...

Two-fifths forced into retirement before financially ready

MARK SMITH  |  THURSDAY, 9 OCT 2014
The best laid retirement plans are often outdone by illness or redundancy with new research from Mercer showing that 40% of Australians are forced into retirement before they are financially ready. According to the report, retirees will outlast their ...

FEATURE: Quenching the thirst for income

MARK SMITH  |  FRIDAY, 26 SEP 2014
Low economic growth and wavering investment confidence in the wake of the global financial crisis has turned a stampede of investors onto the portfolio boosting benefits of income-paying investments. But understanding the many options available can ...

Expand PLS to all age pensioners: TAI

ALEX DUNNIN  |  THURSDAY, 18 SEP 2014
... "We propose a simple extension of the PLS: to open it to all retirees," notes the research paper. "This would allow any retiree with sufficient [home] equity to secure fortnightly loans equivalent to the full pension rate to boost their retirement income. ...

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
Superannuation funds with MySuper products should be allowed to extend their default offering into retirement, and should include annuities in that offering, Challenger has told the Financial System Inquiry (FSI). In its second submission to the FSI ...

Hawks Nest is Australia's oldest town

ALEX DUNNIN  |  FRIDAY, 5 SEP 2014
Hawks Nest on the NSW mid north coast boasts Australia's oldest average residents, giving a glimpse to how some communities will look when retirees begin to dominate the country. A report from the Australian Bureau of Statistics (ABS) has found that ...

Retirement phase top issue for super in FSI

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
The superannuation industry has overwhelmingly focused on the shortfalls and challenges of the retirement phase of superannuation in the second round of submissions to the Financial System Inquiry (FSI). In its 140 page submission the Association of ...

SPAA rejects compulsory annuitisation

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
The SMSF Professionals' Association of Australia (SPAA) has spoken against the introduction of compulsory annuitisation in Australia in its submission to the Financial System Inquiry (FSI) "SPAA does not support policy incentives that encourage retirees ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Life annuities are not appropriate for default pension products as they lock members' money away, according to Rice Warner chief executive Michael Rice. Rice Warner has devised a default pension product based solely on an account-based pension model. ...