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NSW Residents Believe Their Neighbourhoods Are Safer: ABS

In 2008, more than half (55%) of people in NSW did not think there were crime or public nuisance problems in their neighbourhood according to figures released today by the Australian Bureau of Statistics. This figure has risen from 47% to 55% between 1999 and 2008.

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NSW Seniors Are Living Longer And Are Better Off

NSW seniors are living longer and are better off. The average life expectancy of people living in New South Wales has increased by nearly ten years from 1974 to 2006 according to a new report released by the Australian Bureau of Statistics (ABS) and the NSW Department of Ageing, Disability and Home Care.

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More Than A Third Of Brits (35 per cent) Are Likely to Consider Moving Abroad When They Retire

- Rising costs in Britain are also a factor for Brits considering moving abroad, as the new breed of retirees, dubbed 'emi-greys', worry that their pensions simply won't go far enough at home. Almost half of us (47 per cent) believe the UK is too expensive to live the life that we want to lead, and a worrying 28 per cent of people do not feel they can afford to stay in the UK when they retire.

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The greyer, the better for rural towns Older residents seen as asset to smaller communities

A new study determined older Americans who retire to rural areas quickly become involved and are a tremendous asset to addressing both immediate and longer-term needs, such as public transportation and health care for older in-migrants.

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Change Of Attitude

Super Review

Australians have radically changed their attitude to retirement, abandoning the hope of leaving the workforce at age 55 and opting now for an average of 65.1 years.

 

That was one of the key findings of research presented today at the Association of Superannuation Funds of Australia national conference being held in Auckland, New Zealand.

The research, conducted by McNair Ingenuity, also confirmed that people aged between 50 and 65 were more likely to be using a financial planner.


Consistent with other previous research, the McNair data also revealed that people aged over 50 were far more realistic about their likely retirement incomes.


While those under 50 expected to retire on an income of over $50,000 a year, those aged over 50 expected a retirement income in the $30,000 to $49,000 range.


The McNair research also indicated that over 50s were likely to be more unhappy with their superannuation funds, unless they had a self-managed superannuation fund.


The research, conducted in September, suggested that people had not become unduly spooked by the market meltdown, however, a majority of respondents wanted their funds to be big and secure.


The research also suggested that the marketing campaign conducted by the industry funds had gained considerable traction, with many survey responses reflecting the messages contained in the industry funds’ advertising.