Finance

Seniors more savvy about retirement income

A report by National Seniors Australia and Challenger.

The National Seniors Australia (National Seniors) study reported here was an online survey designed to collect information as part of the 2017 National Seniors Social Survey (NSSS)
(Wave 6).

It asked participants about their experiences, intentions and attitudes across a range of areas including health and social wellbeing, finance, work, and retirement.

Melbourne seminars help to boost financial know-how

Victorian members of National Seniors can boost their financial knowledge at seminars in Melbourne on Monday, 9 October.

National Seniors Financial Information Desk senior officer Basil La Brooy will be presenting information aimed at helping people understand their own situation and resources.

Topics include opportunities for those who will be fully self-funded in retirement, Government Income Support (GIS) and equity release products.

Another class action to target retirement village rip-offs

A second legal firm is calling on former residents of Aveo retirement villages to join a class action.

Maurice Blackburn Lawyers is seeking former Aveo retirement housing residents who paid departure fees from 2013 onwards.

The class action, which would be conducted on a no-win, no-fee basis, follows a joint Fairfax Media/ABC Four Corners investigation in June that revealed questionable business practices by the Aveo Group.

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