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Showing 1 - 10 of 16 results for "Australian Seniors"

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR | FRIDAY, 17 DEC 2021

... funding." Household Capital chair Nick Sherry added: "The wealth of baby boomers is mostly tied up in their home. Australian seniors need ubiquitous, responsible, long-term, and efficient access to home equity." He said the debt facility from IFM and ...

Pension fund backs Aussie insurance distributor

JAMIE WILLIAMSON | TUESDAY, 14 SEP 2021

... the business. Greenstone develops and distributes several retail insurance brands, including Real Insurance, Australian Seniors, OneChoice and Guardian Insurance. It also distributes through affinity brands like Woolworths, Medibank and ahm. OTPP's investment ...

More flexibility for retirees

ANNABELLE DICKSON | TUESDAY, 11 MAY 2021

... wish to boost their retirement income by unlocking equity in their real estate assets. "Under the Coalition, Australian seniors will always have more control over their money," treasurer Josh Frydenberg said. The government is also extending the central ...

Household capital a retirement solution: Research

ANNABELLE DICKSON | MONDAY, 14 DEC 2020

... include equity release options like reverse mortgages. "By releasing home equity, a reverse mortgage could help Australian seniors fund the cost of retirement and facilitate ageing in place," RMIT said. "There is a place for equity release products in ...

Better retirement income products needed

ELIZABETH MCARTHUR | WEDNESDAY, 15 JAN 2020

... Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal ...

Aussie seniors fear GFC repeat

JAMIE WILLIAMSON | TUESDAY, 17 JUL 2018

Ten years on, Australian seniors are living in fear of a repeat of the Global Financial Crisis with 25% unable to tolerate any annual loss on retirement savings. Latest research from National Seniors Australia and Challenger shows 70% of Australians ...

Age pension application difficult: Report

HARRISON WORLEY | WEDNESDAY, 20 JUN 2018

... is. If the survey data is reflective of the whole community, then based on demographic trends over 153,000 Australian seniors each year are having a negative experience when applying for the pension," Rogan said. "Our study, conducted by National Seniors ...

Coalition introduces bill to abolish SG age limit

ALEX DUNNIN | WEDNESDAY, 2 MAR 2011

... implemented, would remove an inconsistency in the tax system that unfairly disadvantages mature-age workers." The Australian Seniors Association have for several years been calling for the SG age cap to be removed. "We should be encouraging a savings ...

Gillard Govt to tighten reverse mortgages rules

RUTH LIEW | MONDAY, 9 AUG 2010

... of their property. The changes are expected to be implemented by mid-2012. Kevin Conlon, chief executive of Australian seniors' equity release market industry body SEQUAL, said he supported Labor's initiative but warned that proper regard has to be given ...

OECD vindicates govt super reforms

ALEX DUNNIN | WEDNESDAY, 24 JUN 2009

... not be wound back and that means testing of the benefits should not be re-introduced. "More than one in four Australian seniors live in poverty on international measures. This is the fourth highest old-age poverty rate in the OECD countries and more ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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