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Showing 941 - 950 of 1358 results for "Retiree"

Reduce corporate tax rate, says Macquarie

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
The corporation tax rate should be reduced to 25% if Australia wants to become a regional financial services hub, Macquarie Group has argued. In its submission to the Financial Services Inquiry, the bank argued that Australia's current corporation tax ...

Multi-asset portfolios key for retiree income

MARK SMITH  |  TUESDAY, 8 APR 2014
... a greater number and more intelligent blend of income-generating assets if they are to meet the needs their ballooning retiree client base, according to fund manager Investec. The group's co-head of multi-asset John Stopford said that the strategies ...

Plato partners Milliman to offer retiree income solution

MARK SMITH  |  FRIDAY, 4 APR 2014
Plato Investment Management has teamed up with Milliman to develop and income strategy for retirees which will allow them to maintain higher weightings to growth assets whilst managing the risk of a GFC-style shock. Many superannuation funds see "lifecycle" ...

AMP opens three funds to retail investors

MARK SMITH  |  TUESDAY, 1 APR 2014
AMP Capital has made three of its funds available to retail investors for the first time. The funds are the AMP Capital Dynamic Markets Fund, Australian Equity Income Fund and Income Generator. The first two funds have previously only been available ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
... radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was handed down yesterday. An explanatory ...

Retiree 4pct drawdown limits too high

ALEX DUNNIN  |  TUESDAY, 11 MAR 2014
... conventional wisdom that retirees should hold a 50:50 growth-defensive asset weighting, even though increasing longevity requires retiree pension funds to last up to three decades. The report concludes that, based on analysis of different capital markets ...

Industry overestimates amount needed for retirement

MARK SMITH  |  THURSDAY, 6 MAR 2014
... replacement rates in fact vary considerably from household to household - from under 54% to over 87% -- and that average retiree spending does not increase each year by inflation. "The actual spending curve of a retiree household varies by total consumption ...

YBR doubles wealth management revenue

LAURA MILLAN  |  FRIDAY, 28 FEB 2014
Yellow Brick Road (YBR) has more than doubled its wealth management revenue in the six months to December 30, 2013. The company reported a 129% increase to $1.64 million in the first half of financial year 2014. However, the lending retail side of the ...

Advised pre-retirees more confident about retirement

LAURA MILLAN  |  FRIDAY, 28 FEB 2014
Advised pre-retirees are more confident than non-advised that they will achieve the level of wealth they require in retirement, CoreData research found. The CoreData 2014 Post-retirement Report found that 65.1% of pre-retirees that do not seek professional ...

Singapore lifts CPF rates

ALEX DUNNIN  |  WEDNESDAY, 26 FEB 2014
... lifestyle expectations of future Singaporean retirees, while the Pioneer Generation package is designed to defray rising retiree health costs and shore up dampening electoral support. CPF contribution rates at 36% for workers aged between 35 and 50 years ...