Retirees feel the pinch as interest rates fall

Updated June 28 2018 - 1:41pm, first published August 17 2016 - 12:00am
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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