News : Retirement

Retirement, Superannuation

AMP super class action reaches settlement

The AMP superannuation class action has ended with the firm to pay compensation to fund members who were allegedly overcharged fees on their retirement savings.

The AMP superannuation class action has ended with the firm to pay compensation to fund members who were allegedly overcharged fees on their retirement savings.

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Retirement

Retirement costs continue to rise

The amount needed to fund a comfortable retirement rose by nearly 2 per cent over the June quarter, with retirees spending more on digital connectivity.

The amount needed to fund a comfortable retirement rose by nearly 2 per cent over the June quarter, with retirees spending more on digital connectivity.

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Retirement, SMSF

Retirement may cause illegal access

SMSF members must understand what it means to retire under superannuation law to avoid illegally accessing their retirement benefits.

SMSF members must understand what it means to retire under superannuation law to avoid illegally accessing their retirement benefits.

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Pensions, Retirement, Strategy, Tax

TBC contradicts sole purpose test

Restricting superannuation pensions via caps runs counter to the sole purpose test, which aims to pay benefits in retirement.

Restricting superannuation pensions via caps runs counter to the sole purpose test, which aims to pay benefits in retirement.

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financial advice, Financial Planning, Retirement

Advice builds confidence in retirement

New research has confirmed Australians who have received financial advice are much more confident about their retirement than those who have not.

New research has confirmed Australians who have received financial advice are much more confident about their retirement than those who have not.

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Retirement, Superannuation

Individual outcomes key for retirement

The FSC has welcomed the government's consultation papers on retirement, but says any performance metric needs to focus on individuals.

The FSC has welcomed the government’s consultation papers on retirement, but says any performance metric needs to focus on individuals.

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Property, Retirement

Reverse mortgages complex and confusing

retirees, reverse mortgage, features, Seniors First, Darren Moffatt, points of difference

Reverse mortgages vary across many key details, creating difficulties for retirees in selecting a provider and product.

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financial advice, Financial Planning, Retirement, Strategy

Personal data boosts retirement income

Australians can enjoy a better outcome if they include their personal and household information in their retirement income strategy.

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financial advice, Financial Planning, Retirement

New retirement income solution developed

A new retirement income solution is set to be made available in August through a partnership involving MLC, Challenger and TAL.

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