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Showing 961 - 970 of 1358 results for "Retiree"

Expected retirement age slowly going up

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
Despite the policy push for increasing the retirement age, most Australians are still retiring in their early fifties even though more future retirees expect to have to keep working beyond age 70. The average age of retirement in Australia in 2012-13 ...

Franking credits hindering corporate bond market: AMP

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
The franking credit system is hindering the development of a vibrant corporate bond market in Australia, according to AMP Capital's head of credit markets Jeff Brunton. Brunton said that franked dividends, which can provide a significant income particularly ...

Canberra adviser rolls out pilot project to engage GenYs

LAURA MILLAN  |  MONDAY, 2 DEC 2013
An MLC financial adviser based in Canberra has come up with Cashflow Coach, a pilot program designed to engage GenYs in financial planning. Cashflow Coach, which has been designed by financial adviser Michael Miller, gathers about 10 young people together ...

SMSFs double use of retail investment managers

LAURA MILLAN  |  FRIDAY, 29 NOV 2013
The number of self-managed super funds (SMSF) using retail investment managers has doubled in the last four years, according Plan for Life research. Retail investment managers who have provided a combination of investment and administration services ...

Industry bodies clash over pension age

LAURA MILLAN  |  MONDAY, 25 NOV 2013
The Productivity Commission's suggestion to lift the age pension to 70 years old has received a mixed reaction from financial services industry bodies. The Financial Services Council (FSC) is in favour of raising the preservation age for superannuation ...

Lift aged pension to 70: Productivity Commission

ALEX DUNNIN  |  FRIDAY, 22 NOV 2013
With Australia's population on track to reach 38 million by 2060, the Productivity Commission has released a research paper that warns now is the time to plan the policy responses that will be needed to cope with these demographic and economic changes. ...

AllianceBernstein targets retirees with high yield fund

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
AllianceBernstein has launched a Global High Income Fund aimed at annuity investors seeking to diversify and gain access to a higher level of income. AllianceBernstein senior portfolio manager Jeremy Cunningham noted that annuity and term-deposit rates ...

Half of all SMSF assets in retirement phase

MARK SMITH  |  WEDNESDAY, 13 NOV 2013
... held by Australians. DEXX&R said the projected strong growth in SMSF assets funding a retirement income, coupled with retiree's diminishing appetite for risk and a preference for certainty of income as retiree's age, will create increasing demand for ...

ISA and FSC at odds over super tax changes

JAMES FERNYHOUGH  |  WEDNESDAY, 6 NOV 2013
... Tyndall. These managers design funds specifically targeted at those with a low-tax (e.g. super members) and a no-tax (e.g. retiree) status. In August Plato managing director Don Hamson told Financial Standard he did not believe Labor's investment earnings ...

Mercer gets approval for MySuper product

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
The Mercer MySuper product has received authorisation from the Australian Prudential Regulatory Authority (APRA) starting December 1, 2013. The product will include the Mercer SmartPath investment portfolio, with a number of investment options that ...