Taking risks with retirement balances may be counterintuitive but would probably improve prosperity, according to Lesley-Ann Morgan, UK-based global head of defined contribution at investment manager Schroders.
Many retirees opt for a sea change or tree change when they give up work, looking for a place that suits their changing lifestyle, and will deliver long-term capital growth.
Many are retiring younger and are expected to live longer, so finding the right place that will build equity is extremely important to them.
RiskWise Property Research has identified seven regions that offer good lifestyle options, value for money and solid capital growth.
Sydney residents can learn how to better fund their retirement at a National Seniors seminar at Parramatta on Tuesday, 27 March.
Co-presenter Basil La Brooy from National Seniors Financial Information Desk (FID) will be exploring ways to make the transition from work to retirement, take stock of resources, set financial goals and understand retirement income streams.
Join us for our seminar in Parramatta: Transitioning to Retirement with speakers from National Seniors Financial Information Desk (FID) and the Australian Shareholders Association.
Australia’s property market is set for single-digit growth, apartment oversupply and ‘renovesting’ in 2018, according to some property and economic commentators.
Graham Cooke of comparison website finder.com.au said interest rates were expected to change little until the second half of 2018, after the Reserve Bank of Australia (RBA) this Tuesday left the official cash rate on hold at 1.5 per cent at its final meeting of the year.
Join the Melbourne City branch of National Seniors Australia for their November meeting where they will be addressed by Russell Lees, Vice President of the Australian Investors Association.
Join the Melbourne City branch of National Seniors Australia for a discussion on Investing in Uncertain Times, with a focus on superannuation, with speakers from Dixon Advisory.
National Seniors has welcomed a new authority set up to oversee the standards and ethics of financial advisers.
Former Chief Executive of National Seniors, Michael O’Neill, is one of three directors with consumer advocacy experience who have been appointed to the Financial Adviser Standards and Ethics Authority (FASEA).
The other five directors include three with financial services experience, an ethicist and an academic.
This week’s interest rate cut is bad news for retirees, says the consumer lobby for older Australians.
The Reserve Bank has decided to lower the official cash rate by 25 basis points to 1.50 per cent.
National Seniors chief advocate Sarah Saunders said the decision was bad news for retirees.
“This cut will be a blow to anyone living off simple, low-risk investments”.
Saunders called on the Government to now adjust the social security deeming rates accordingly.
“Having fallen steadily since 2011, interest rates are sitting at all-time lows”.
Authorities are warning potential property investors about spruikers claiming to be ‘wealth creators’ but who are really just in it for themselves.
Consumer watchdog the Australian Competition and Consumer Commission (ACCC) said a national campaign is advising consumers not to attend these seminars.