Time to confront the ‘mother of all retirement risks’
Longevity risk – better known as the fear of running out of money in retirement – is the biggest issue in super and the system needs a revamp to reflect change in life expectancies.
Longevity risk – better known as the fear of running out of money in retirement – is the biggest issue in super and the system needs a revamp to reflect change in life expectancies.
A wide-ranging Senate inquiry should be a first step towards the tighter regulation of big super funds which have been dictating to small investors.
The super fund giant that helped foil a $20bn takeover offer for Origin Energy, has banned its own investors from buying shares in the electricity and gas company.
Forecasters are showing signs of splitting on the outlook for house prices, especially in Sydney.
Income tax cuts, super changes and even a question mark over Capital Gains Tax will combine next year.
A last-minute scramble for legal changes to the proposed extra tax on superannuation won’t stop property investors fleeing super funds, experts agree.
Fees for advice will be beyond the reach of everyday investors for the next decade, as the government drags its feet on reforms to slash red tape.
Big funds are offering ‘bonus payments’ to members who choose to stay with them after retirement and that raises questions about how these major funds operate.
Bonds have let investors down for three years in a row but it’s time to look at them again – because history suggests conditions are ideal.
Mortgage stress indicators are effectively missing from this week’s bank profit reports as most consumers appear to be cutting back elsewhere.
Original URL: https://www.theaustralian.com.au/author/james-kirby/page/16