Pressure on elderly investors to make risky choices

By Daryl Dixon
Updated March 5 2015 - 1:08pm, first published February 21 2015 - 11:30pm

This week's 0.25 per cent reduction in the interest rate used to calculate pensioners' income from financial assets confirms the pressures now facing retirees. Gone are the days when self-funded retirees and other investors could count on receiving a decent return from safe investments.

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