Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 921 - 930 of 1242 results for "Retirees"

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Financial literacy among retirees has become a human rights issue, with the release of a manual aimed at helping people prepare for retirement by the Australian Human Rights Commission (AHRC). The release coincided with a call from National Seniors ...

Super funds urged to rethink 70/30 structure

JAMES FERNYHOUGH  |  TUESDAY, 30 JUL 2013
... construction fails to protect against major financial disruptions such as the global financial crisis, which saw some retirees lose more than a quarter of their savings. "As an industry we have failed to effectively manage the key investment risks associated ...

Breaking Australia's love affair with the lump sum

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
... popular form of super payment, particularly among superannuants with account balances of under $40,000. In 2000, 65% of retirees received their superannuation exclusively in a lump sum rather than an income stream. By 2007, this figure had gone down ...

Retirees unlikely to recover GFC losses: Cooper

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
Strong growth in superannuation in recent years does not help retirees whose accounts took a beating in the global financial crisis, according to Challenger chairman of retirement income Jeremy Cooper. Cooper, who chaired the 2010 Super System Review ...

Facebook usage in Australia going up

ALEX DUNNIN  |  THURSDAY, 18 JUL 2013
... things to come, 57% of people aged 50-64 years used social media, meaning that within the next decade the proportion of retirees using social media is expected to skyrocket. Facebook is nonetheless the preferred platform with LinkedIn and Twitter's usage ...

Dismiss fixed income at your peril

MARK SMITH  |  MONDAY, 8 JUL 2013
... investors with tactical weightings to each area as opportunities arise. Bell sees the portfolio as a core holding in retirees portfolios, providing a reliable income and freeing investors up to make riskier growth investments in other parts of their ...

Retirees warned: beware the 'great rotation'

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
A global move from bonds to equities could see Australian retirees swimming against the current, according to a new paper by AXA Investment Managers (AXA IM). The paper, entitled 'The Great Rotation', analyses the potential for a mass global move from ...

Former ING DIRECT BDM joins EBX

MARK SMITH  |  THURSDAY, 4 JUL 2013
... Australia. EBX launched its first series of zero coupon bonds - Endowment Bonds - in May this year. Targeted primarily at retirees, they are designed to provide investors with a stable and predictable income stream for up to thirty years in the future. ...

Endowment bond product frees SMSFs to add risk

MARK SMITH  |  THURSDAY, 27 JUN 2013
The steady stream of reliable income provided by endowment bonds provides self-funded retirees with the certainty to take greater risk elsewhere in their portfolios, according to Endowment Bond Exchange (EBX) chief executive officer Stephen Duchesne. ...

Lonsec and Milliman partner for post-retirement research

MARK SMITH  |  TUESDAY, 11 JUN 2013
... everybody's goals are different," he said. "We think there is scope to build portfolios that are more appropriate to retirees objectives and risk profiles. Inflation, market risk and longevity risk are all much more relevant to retirees." The leader ...