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Showing 891 - 900 of 1242 results for "Retirees"

Expected retirement age slowly going up

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
... for increasing the retirement age, most Australians are still retiring in their early fifties even though more future retirees expect to have to keep working beyond age 70. The average age of retirement in Australia in 2012-13 was 54 years, according ...

Franking credits hindering corporate bond market: AMP

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
... credit markets Jeff Brunton. Brunton said that franked dividends, which can provide a significant income particularly to retirees thanks to their no-tax status, serve as an alternative to fixed income. However, while doing away with the franking credit ...

Canberra adviser rolls out pilot project to engage GenYs

LAURA MILLAN  |  MONDAY, 2 DEC 2013
... get "a steady stream of people and prove that it is profitable for a planner." While Miller's practice focuses on pre-retirees and retirees, he noted that "there is a core of people out there that cry out to get professional advice and support." A young ...

SMSFs double use of retail investment managers

LAURA MILLAN  |  FRIDAY, 29 NOV 2013
... 2013. Retail managers administer $42 billion of SMSF assets as at June 30, 2013, compared to $21 billion in 2009. Pre-retirees and retirees holding SMSFs are estimated to account to a total of $328 billion as at June 30, 2013. The Plan for Life report ...

Industry bodies clash over pension age

LAURA MILLAN  |  MONDAY, 25 NOV 2013
... preservation age for superannuation and the age pension. The gap will accelerate consumption of superannuation before retirees become eligible for the age pension," Codina said. But the Australian Institute of Superannuation Trustees (AIST) and the Australian ...

Lift aged pension to 70: Productivity Commission

ALEX DUNNIN  |  FRIDAY, 22 NOV 2013
... While Sydney and Melbourne having more than 7 million inhabitants each will shock policymakers it action, it's among retirees where the biggest changes will happen. "The population aged 75 or more years is expected to rise by 4 million from 2012 to 2060 ...

AllianceBernstein targets retirees with high yield fund

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
... portfolio earning a distributing monthly income in excess of 5% over the current cash rate." The product is suitable for retirees looking to diversify their range of income sources aside from cash and annuities.

Mercer gets approval for MySuper product

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
... tax-aware Australian share strategies in retirement to improve returns and take advantage of the tax exempt status of retirees." "Mercer SmartPath has a higher allocation to growth assets after retirement because we factor in the age pension, which acts ...

Stakeholders form retirement panel to assist advisers

LAURA MILLAN  |  THURSDAY, 24 OCT 2013
... retirement space and sequencing risk. "Retirement requires a broad industry approach to tackling the challenges facing retirees," Milliman practice leader Wade Matterson said. "The formation of an industry panel is a step in this direction and will add ...

Brumby lauds Cbus board pay disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 OCT 2013
... Brumby also discussed gender inequity, board diversity, and the current inadequacy of retiree funds. He said the amount retirees are currently retiring on is "no way near enough," adding that rising longevity means retirees will have to plan for living ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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