Retirees feel the pinch as interest rates fall

By John Collett
Updated September 3 2016 - 11:13am, first published August 14 2016 - 9:38pm
Retirees are feeling the squeeze with ultra-low interest rates. Photo: James Davies
Retirees are feeling the squeeze with ultra-low interest rates. Photo: James Davies

With another cut in the cash rate by the Reserve Bank last week, the  2 million self-funded and partly self-funded retirees are entitled to feel hard done by.

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