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Showing 931 - 940 of 1242 results for "Retirees"

Super is working but needs to evolve: ASFA

ALEX DUNNIN, JAMES FERNYHOUGH  |  TUESDAY, 4 JUN 2013
... superannuation sector will continue to act as a ballast to the economy while meeting the quality-of-life expectations of retirees. The stellar growth in superannuation should also not compromise the stability of the financial system or expose problems ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
... the need to develop a "vibrant annuity market", in line with much of the rest of the world. "It's very difficult for retirees to determine how much they can spend in retirement, so perhaps they shouldn't be trying to decide it; they should be given guidance ...

Coalition super plan to harm retirees, low income earners

ALICE URIBE  |  FRIDAY, 17 MAY 2013
The Coalition's announcement that they would delay the Superannuation Guarantee (SG) increase would see millions of Australians move into retirement with inadequate savings according to the Australian Institute of Superannuation Trustees (AIST). Last ...

Budget gets nod of approval from industry bodies

JAMES FERNYHOUGH, MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... them the same tax treatment as current income streams. Actuaries Institute CEO Melinda Howes said: "[It] will provide retirees with the ability to insure their longevity in a more cost effective way."

Planners race to plug gap in aged care advice

LAURA MILLAN  |  MONDAY, 6 MAY 2013
... guarantees them an affordable solution which takes into account social security and Government concessions. Even though retirees are lacking advice, some service providers are already setting new benchmarks to nurture the next generation of aged care ...

Deferred annuity tax reforms safeguard retirees

MARK SMITH  |  THURSDAY, 18 APR 2013
Reforms to the tax treatment of deferred lifetime annuity (DLA) products has added greater security for Australian retirees, according to Towers Watson. The new rules, if enshrined by legislation, remove inconsistencies between the manner deferred annuities ...

Gearing strategies not just for retirees

MARK SMITH  |  MONDAY, 8 APR 2013
Investors with many years to run until their retirement should consider the benefits of gearing strategies, according to Bendigo Wealth. According to Julie McKay, Bendigo Wealth senior manager of technical and research, gearing - or borrowing money ...

Government announces key super reforms

LAURA MILLAN  |  FRIDAY, 5 APR 2013
... applies to earnings in the accumulation phase, Shorten said. Treasury estimates that only 0.4% of the projected 4.1 million retirees in 2014 -about 16,000 people- will be affected by the measure as only contributors with about $2 million in superannuation ...

Super changes ease political and financial uncertainty

MARK SMITH  |  FRIDAY, 5 APR 2013
... action to help people boost their own retirement savings to take pressure off the age pension in the future and help retirees pay for other age-related expenses that would otherwise require further government support." The Finacial Services Council (FSC) ...

Superannuation to wield $6tr muscle by 2030

LAURA MILLAN  |  TUESDAY, 26 MAR 2013
... and not lump-sums," Trafford-Walker said. "The pension system will be under pressure because the ratio of workers to retirees will raise and it will become harder for the government to fund the pension system." Trafford-Walker also predicted a slowdown ...