Despite recent reforms, the superannuation system is still beset with problems such as high fees and patchy performance. You need to pay attention if you want to make sure your nest egg’s in the best hands.
Many athletes struggle with joblessness, depression or a lack of purpose as they enter retirement.
Mandatory retirement ages are still in place for the Australian judiciary. But this practice may be out of step with contemporary workforce needs.
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Mandatory retirement ages are mostly a thing of the past in Australia. Removing the last vestiges of this practice is one way to address the problem of Australia’s ageing workforce.
Suncor’s plant in the oilsands in Fort McMurray Alta. Divesting in fossil fuels can not only help combat climate change, but can also increase investors’ returns, according to a new analysis.
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A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
Happiness in retirement isn’t the same for everyone.
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Loneliness shortens our life spans and some studies suggest it’s even more lethal than obesity. We are physiologically and psychologically primed for connection, so don’t shrug off your loneliness.
By 2050, over 36% of Europe’s population will be 65-plus, leading to a shortage of professional and informal caretakers across the region. Coordination on elder care may be the EU’s best bet.
Add up all the neglected costs of downsizing and retirees have good reason to be wary of making the move.
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Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What’s being ignored is the costs of moving into a unit or apartment.
Unlike shareholders, super fund members won’t have the same powers at AGMs to hold executives to account.
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Many of us barely glance at our own superannuation account balances, so it’s reasonable to predict that only a tiny fraction are likely to go to a super fund annual meeting.
A comparison of the Australian and New Zealand retirement systems.
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Any significant decline in home ownership or equity in a home impacts higher care needs: older people will not have an asset to sell to fund the bonds required to enter aged care accommodation.
The majority of retiring South Africans look to the state for support.
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South Africa might want to consider raising its retirement age to 70 to cope with a challenge of an ageing population that’s under-insured and relying on an already pressured public purse.