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Showing 81 - 90 of 1232 results for "Retirees"

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
Members increasingly demand superannuation funds to provide ethical investment options, particularly retirees who want to leave a more sustainable world for the next generation, top super fund leaders say. Attending the Australian Council of Superannuation ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... was particularly pleasing given that class actions tend to take much longer and that many of Caddick's victims are retirees. Justice Markovic approved the settlement amount overnight. About 50% of the money will go towards the victims while the other ...

Navigating the impact investment sector for instos

MATTHEW WAI  |  FRIDAY, 28 MAR 2025
... investment and sustainability Leilani Weier said the sector is "quite sensible" as an investment as it caters well to retirees. It also aligns to the superannuation fund's net zero 2050 objectives. "It makes a lot of sense to look at the social and ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... executive Mary Delahunty praised the Budget for providing cost-of-living relief which she said would help workers and retirees. "Tonight's Budget will help ensure retirement savers get the superannuation they are owed, as well as helping those who ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... view to making Australia more prosperous. In brief, Grattan said: "Australia's retirement incomes system serves most retirees well but doesn't work for those who rent in retirement. The federal government gives up more than $50 billion a year in poorly ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... higher costs for domestic holidays and vehicle insurance added to the cost of retirement in the quarter, ASFA said, but retirees have offset some of these shortfalls through strong investment returns in super in 2024. Further, the peak industry body ...

Younger women embrace geared strategies: Data

MATTHEW WAI  |  TUESDAY, 4 MAR 2025
... 2021 across the past six years. The number of geared investors rose from 84,000 in 2023 to 100,000 in 2024, with pre-retirees (55-64) now making up 12% (up from 7%) and retirees (65+) accounting for 8% (up from 6%). However, despite the growth, the margin ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... 2025. "This aligns with APRA's goal to support life insurers to increase the availability of retirement products for retirees, as outlined in its Corporate Plan 2024-25," APRA said. Central to the potential changes is calculating the illiquidity ...

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... income solutions at least every three years, adjusting as needed to ensure they remain fit-for-purpose for both current retirees and those approaching retirement. Best practice for providing quality retirement income solutions would see trustees offer ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... the main cause. Based on a national survey of 2250 Australians, the CFS Rethinking Retirement report found that 64% of retirees are currently able to enjoy a comfortable retirement, down from 71% a year ago. More than three-quarters of retirees say their ...