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| | | The superannuation system was designed to facilitate the payment of retirement income but has been sidetracked by a disproportionate emphasis on wealth accumulation. Speaking at this morning's annual policy conference for the Committee for Economic ... |
| | | | With longevity, inflation and market risk remaining critical for many Australians, Laura Millan looks at how advisers and product providers can join forces to come up with the best strategies to meet retirees needs. Treasurer Joe Hockey's 2014-15 budget ... |
| | | | The Memorial Day holiday in the US must have put Wall Streeters in a good mood - they came back a-shopping and sent the S&P 500 index up to a fresh record high. As the Bellamy Brothers sang, "There's a reason for the sunshine sky there's a reason why ... |
| | | | Over 55s now account for two-thirds of all financial planning clients, and four out of every five dollars under advice, the latest report from researcher Investment Trends shows. An aging population and generational wealth differences have made retirees ... |
| | | | The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by ... |
| | | | Super funds have seen the lowest rates of return for almost two years, according to figures released by the Australian Prudential Regulation Authority (APRA). In the March quarter, super funds with more than $50 million in funds under management saw ... |
| | | | T. Rowe Price has partnered with Mosaic and, separately, with BT Financial Group to develop two global fixed income products. The Specialist Income Fund was developed with Mosaic for Shadforth Financial Group and its aligned advisers' client base, while ... |
| | | | Treasurer Joe Hockey has given the strongest signal yet that the government will be introducing sweeping reforms to bring superannuation into sync with age pension reforms that were announced in last week's budget. The Treasurer was speaking last night ... |
| | | | AMP has reduced the cost of the North Guarantee, allowing investors to shore up investment gains at a lower price. The announcement comes after superannuation fees came under scrutiny in a report by the Grattan Institute, which found Australians were ... |
| | | | Pensioners on low incomes will be significantly worse off under the changes announced in Tuesday's budget, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA). Speaking at ASFA's post-budget briefing ... |
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