Food presents significant investment opportunity but needs to be done responsibly

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The ability to influence the long-term sustainability of food supply chains and support the health of the planet, has driven First State Super’s interest the food and agricultural sector, according to Chief Investment Officer Damian Graham. Speaking this week in Sydney, Mr Graham said issues relating to production, utilisation and wastage would become increasingly critical […]

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CPD: The role of the Centrelink PLS in addressing Australia’s retirement funding challenge

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Australia’s retirement income policy has been traditionally framed as having three pillars: superannuation, non-superannuation savings and the Age Pension. However, for many Australian baby boomers these three pillars provide inadequate resources to fund 25+ years of retirement. Will the government’s revamp of its Centrelink Pension Loans Scheme (PLS) fill the void? Household Capital discusses the […]

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Retirees should review their income strategy in light of second rate cut

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Australia’s 3.8 million retirees should review their income generating investment strategy in light of the RBA’s second rate cut decision yesterday, according to Australian funds manager Plato Investment Management (Plato). While beneficial to homeowners and people trying to buy a home, rate cuts also see Australian retirees receive less income from their floating rate income […]

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More super funds set to cut investment return targets in response to rising secular headwinds

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About one-quarter of MySuper funds have cut their investment return goals over the past three years and more are likely to follow in the face of rising uncertainty, according to Frontier Advisors. Ageing demographics, falling productivity across developed nations, mounting geo-political risks, threats to global trade, and the impact of climate change are just some […]

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CPD: The fourth pillar of retirement funding

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Australia’s retirement income policy has been traditionally framed as having three pillars: superannuation, non-superannuation savings and the Age Pension. However, for many Australian baby boomers these three pillars provide inadequate resources to fund 25+ years of retirement. Household Capital explains why it’s now time to include the fourth, and largest, pillar of retirement funding – […]

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Changes to Pensioners Loan Scheme set to boost retiree bank balances

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Federal government changes to the Pensioners Loan Scheme allowing retirees to boost their income through a reverse mortgage on the family home are about to come into effect in the new financial year. The amendments to the existing Pensioners Loan Scheme announced in the 2018 federal budget have two key components making the scheme more […]

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Living longer is one good reason to protect capital for sustainable income

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There are over five million baby boomers (born 1946 to 1964). For most, a bright future awaits. After full-time work, it’s a stage of life which could span 25 years or more, so will the capital last? Longer, healthier lives against a backdrop of lower investment returns means Baby Boomers have two things to ponder: […]

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Australian retirees have inadequate access to their savings

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Household Capital, an independent, specialist retirement funding provider, said  yesterday that a major issue facing Australian retirees was inadequate access to savings. Josh Funder, Household Capital’s Chief Executive Officer, said retirement funding adequacy was a very real issue facing retired and soon-to-be retired Australians. Mr Funder was responding to a number of recent news articles, […]

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Stronger Super not yet tax efficient

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Superannuation funds are largely ignoring the “Stronger Super” reform that embedded after-tax investing obligations into superannuation law, says global implementation specialist manager Parametric. Raewyn Williams, Managing Director of Research, Parametric Australia, says: “Six years after the Stronger Super reforms were announced, most superannuation funds still have a pre-tax focus. “This lack of progress with after-tax returns […]

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Super industry consolidation moving faster than ever

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Consolidation in the superannuation industry is happening faster than ever, and those funds looking to merge must ensure the process is conducted with the needs of members remaining top of mind, according to industry panelists at a recent QMV event. The panelists agreed that many superannuation funds that exist today will not be here in […]

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