The Australian Competition and Consumer Commission has warned that the over-55s are now particularly vulnerable to scammers pushing bogus investment and superannuation schemes. The alert came as the ACCC released new data this week revealing rip-offs from confidence tricksters are costing us annually at least $229 million. The commission’s deputy chair Delia Rickard says... read more>

You need to know what policies may leave you either richer or poorer - be it in sickness or in health. So until Election day we’ll be collecting the pledges of both sides of politics in the areas we believe have the most direct impact on those aged 50 and above. Our "Election Distiller" will give you a digest of where the parties stand with links to fin... read more>

If you’re either contemplating retirement or are a self funded retiree and worried that with record-low interest rates it will be difficult to survive on only cash and term deposits what other options do you have? With cash and term deposits currently hovering around the 2-3% level, depending on which bank or what maturity you choose, double-digit returns are a thing of the past. In co... read more>

Last Word on the Budget for FiftyUp Club members -By our resident financial whiz Ian Town One of the big talking points around the budget has been the proposed changes to Superannuation and in particular the retrospective nature of some of the coalition’s policies. Bill Shorten’s budget reply sharpened the difference between Labor’s approach and the coalition’s in ... read more>

Yet again retirement incomes policy has dominated the Budget with what’s been billed the largest change to superannuation for 10 years. But beware of feeling too safe when you read about the hits only affecting the very wealthy and their $1 million plus  retirement balances. Those of more modest means who seek to top up their super may be in for shock when they begin to underst... read more>