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Showing 911 - 920 of 1242 results for "Retirees"

New $9 million super research facility opens

MARK SMITH  |  THURSDAY, 29 AUG 2013
... of funds under management grows. It will also investigate what other products and services could be made available to retirees, and how super funds can continue to assist their members post-retirement. "Our mandate is to address national challenges ...

ISN criticises "irresponsible" CPA super report

JAMES FERNYHOUGH  |  MONDAY, 26 AUG 2013
... compulsory superannuation. However, while correlation does not imply causation, the fact remains that a large number of retirees use lump sum payments to service household debt. According to CPA Australia chief executive Alex Malley, this suggests that ...

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Superannuants and lower-income shareholders could be coughing up $1.6 billion towards the Coalition's paid parental leave (PPL) scheme, it has emerged. The Coalition has said it will, in part, pay for the PPL through a 1.5% levy on business earnings ...

Executive pay under spotlight in new ACSI guidelines

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
... factor in determining the impact of long-term risks on super fund investment performance and ultimately the returns of retirees," Byrne said. "ACSI has, however, been encouraged by the growing emphasis displayed by many companies on the level of engagement ...

SSgA launches cheap lifestyle funds

MARK SMITH  |  TUESDAY, 20 AUG 2013
... for investors who are nearing preservation age and desire better capital protection, and the Provider Strategy is for retirees drawing income from their portfolio. The portfolios, which will have a headline cost of just 75 basis points, combine quantitative ...

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
Significant price rises for medical and hospital services have led to a modest increase in the cost of living for retirees according to the latest Australian Superannuation Funds of Australia (ASFA) Retirement Standard figures. The figured for the June ...

Twitter usage on the rise

ALEX DUNNIN  |  WEDNESDAY, 14 AUG 2013
... 18% of all online US adults. The Pew study also reconfirmed how deep is social media usage across age groups as while retirees use it only half as much as young people, retiree usage is still a very robust 43%. Reinforcing earlier studies though, the ...

Super fees fall to 1.23%

STAFF WRITER  |  WEDNESDAY, 7 AUG 2013
... be paid post-retirement. Rainmaker said this suggests fees will become a sharp differentiator for increasingly wealthy retirees, which is playing out with retirees or people approaching retirement being increasingly tempted to switch into SMSFs. "SMSFs ...

Rate cut impacts SMSFs, retirees

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... Bank of Australia (RBA) decision to cut the cash rate by 25 basis points may impact self-managed super funds (SMSF) and retirees, meaning that financial advisers may have to work with them to seek other sources of income. Retirees and SMSFs depending ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
... every dollar, it will affect you, particularly people who have limited fixed incomes." O'Neill said the new levy may lead retirees to invest in riskier alternatives such as equities, which require good advice and a level of education. "It might also ...