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Showing 951 - 960 of 1358 results for "Retiree"

Aged care likely to cost more after July 1

LAURA MILLAN  |  MONDAY, 17 FEB 2014
Aged care is likely to get more expensive from July 1, 2014, with the introduction of legislation that will calculate fees through assets and income, rather than income alone. "Each case is different and you need to look at the individual circumstances ...

Retiree confidence in super on the rise

STAFF WRITER  |  THURSDAY, 13 FEB 2014
... Sentiment Index found that retirees' confidence in super rose by more than 17% between 2012 and 2013, reaching 61%. Non-retiree confidence in super rose more modestly, from 31% to 37%. National Seniors Australia chief executive Michael O'Neill said ...

CSIRO to study super spending habits

MARK SMITH  |  TUESDAY, 11 FEB 2014
CSIRO and Monash University will study the spending habits of retirees to better understand their product and investment needs. "We're looking to understand what retirees need, how long their super lasts and what investment options and financial products ...

A third of Australians expect major shortfall in retirement

LAURA MILLAN  |  MONDAY, 10 FEB 2014
Almost one third of Australians expect to experience a large financial shortfall during retirement, according to the MLC Retirement Survey. The report of 2,000 Australians shows that 31.7% think they will have a major shortfall, while a further 25% ...

ASFA calls for clarity on retirement income review

JAMES FERNYHOUGH  |  WEDNESDAY, 5 FEB 2014
The Association of Superannuation Funds of Australia (ASFA) has called on the government to provide a clear timetable and terms of reference for its review of retirement income stream regulations, including the tax treatment of deferred lifetime annuities ...

MySuper lifecycle options not for everyone: AusSuper

JAMES FERNYHOUGH  |  TUESDAY, 21 JAN 2014
MySuper lifecycle products are not the best option for super funds whose members have lower balances, according to AustralianSuper investment manager Alistair Barker. Over the last year as funds have launched their MySuper options, many have opted for ...

Banks need top line growth after SMSF-led run

JAMES FERNYHOUGH  |  MONDAY, 20 JAN 2014
The big four banks need to see top line revenue growth after a year that saw income-hungry self-managed superannuation funds (SMSFs) and other investors invest heavily in the banks, according StocksInValue head of equities insights and publishing David ...

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Increased investment in infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group. In a submission to the Productivity Commission's Public Infrastructure Inquiry, the bank ...

Dundas wins $240m super fund mandate

MARK SMITH  |  TUESDAY, 14 JAN 2014
... strategy continue to grow and generate interest in the Australian market and feel it is a natural fit for the growing retiree market in Australia. "Working for Australian superannuation funds in partnership with Apostle Asset Management is central to ...

Challenger acquires SMSF business

MARK SMITH  |  MONDAY, 16 DEC 2013
... relationships with approximately 5,500 accounting firms. "Bendzulla is a strategic investment for our company in terms of SMSF retiree research, product and service development and distribution," Challenger chief executive Brian Benari said. "While all ...