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Showing 981 - 990 of 1242 results for "Retirees"

Longevity forcing industry to adapt to thrive

BEN COLLINS  |  TUESDAY, 1 MAY 2012
... start thinking differently if they want to stay viable," said Actuaries Institute CEO and co-author Melinda Howe. "What retirees need is a secure income. They need protection from market risk and longevity risk," said Howe. Howe and fellow actuary Barry ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
... costs for future budgets and future generations," said John Brogden, chief executive of the Financial Services Council. "Retirees have had their super affected during the difficult market conditions, which the Government shouldn't exacerbate," concurred ...

ACT super account takes $450m GFC hit

ALEX DUNNIN  |  FRIDAY, 13 APR 2012
... target is 5% pa above inflation. But it's not just poor capital markets impacting the fund. Barr said ACT public sector retirees are living longer than initially anticipated and drawing down fund benefits longer than expected. Life expectancy in the ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
... funded care; and a huge increase in the incidence of diseases such as dementia affecting the elderly are all issues that retirees must consider if they are to manage their own future," Galagher warned. The National Aged Care Alliance of 28 organisations ...

New service to boost retiree returns by 1pct

ALEX DUNNIN  |  WEDNESDAY, 4 APR 2012
... asset allocation to someone retiring with a million," he said. Bucknell said using the proprietary approach can boost retirees' returns by about one percentage point over and above what the fund's default strategy would normally achieve. "Unlike existing ...

Pre-retiree client strategies fall short: survey

ELISE BURGESS  |  THURSDAY, 29 MAR 2012
... percentage points higher at 42% among those who don't use a planner," said Recep Peker, Investment Trends senior analyst. Retirees make up 40% of the average planner's client base with 36% of planners surveyed expecting this figure to increase by 2014 ...

Flawed assumptions pushing RRR too high

ALEX DUNNIN  |  THURSDAY, 15 MAR 2012
... assumptions. Debate among financial planners in the US on retirement income replacement ratios (RRR) questions the idea that retirees need to save huge sums of money to fund their retirement lifestyle and whether retiree annual expenditure is stable ...

Retirement not an automatic trigger for defensive strategies

ELISE BURGESS  |  TUESDAY, 6 MAR 2012
... retirement should not be an automatic trigger to adopt defensive strategies. With the Age Pension in place as a safety net for retirees, Towers Watson has recommended through its own analysis that the use of risk parity funds or the principles behind ...

Super contributions break through $1 trillion

ALEX DUNNIN  |  THURSDAY, 1 MAR 2012
... confirmed the realisation that while industry funds dominate membership of younger superannuation members, older members and retirees are much more aligned with retail funds and their fuller features and bundled financial advisory support, services which ...

ASIC to take hard line on deliberately misleading ads

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
... in trading in CFDs. Kell said ASIC would be scrutinising more closely ads in rural and regional areas that may target retirees, and would also be clamping down on the online and mobile environment. "These continue to be growth areas for the promotion ...