{"id":419478,"date":"2026-05-09T12:32:34","date_gmt":"2026-05-09T12:32:34","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/419478\/"},"modified":"2026-05-09T12:32:34","modified_gmt":"2026-05-09T12:32:34","slug":"australian-retirees-increase-superannuation-withdrawals-as-cost-pressures-mount","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/419478\/","title":{"rendered":"Australian Retirees Increase Superannuation Withdrawals as Cost Pressures Mount"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Australian retirees are withdrawing their pension savings at increasing rates as global turmoil and surging inflation erodes their already fragile confidence.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">At Colonial First State, one of Australia\u2019s largest pension and wealth managers, retirees ramped up lump sum withdrawals in March as the US-Iran conflict escalated, according to the latest available data from the A$179 billion ($129 billion) firm. Requests from members without financial advisers rose 55% compared with a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"Australian retirees are withdrawing their pension savings at increasing rates as global turmoil and surging inflation erodes their&hellip;\n","protected":false},"author":2,"featured_media":419479,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[27286,85,138,246,1943,16609,215446,220,111,139,69,244,245,640,314,1734,76787,3912],"class_list":["post-419478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-annuity","tag-australia","tag-business","tag-finance","tag-inflation","tag-iran","tag-kelly-power","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-regulation","tag-superannuation","tag-sydney","tag-unisuper","tag-wealth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/419478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=419478"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/419478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/419479"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=419478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=419478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=419478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}