From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnes...
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions. ...
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes. ...
It seems this reverse mortgage concept is based upon putting a lump sum into super, and presuming the return on super will always be greater than 6% - the same cost of the reverse mortgage, that capitalises the interest over time.
Accessing equity will be enhanced with the revamped Pension Loan Scheme (PLS) from 1st July.
A self funded retiree couple can access up to $2,054 per fortnight ($54,000 per annum) to supplement their income at an interest rate of 5.25%, rather than a lump sum at 6.0%.
Lump sums can also further reduce age pension entitlements.