{"id":578929,"date":"2026-05-11T23:47:30","date_gmt":"2026-05-11T23:47:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/578929\/"},"modified":"2026-05-11T23:47:30","modified_gmt":"2026-05-11T23:47:30","slug":"australian-retirees-increase-superannuation-withdrawals-as-cost-pressures-mount","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/578929\/","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":578930,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[95609,428,84,4176,1431,585,197991,467,4174,4175,306,11841,1288,56,197992,54,55,5351],"class_list":["post-578929","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-personal-finance","tag-personalfinance","tag-regulation","tag-superannuation","tag-sydney","tag-uk","tag-unisuper","tag-united-kingdom","tag-unitedkingdom","tag-wealth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/578929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=578929"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/578929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/578930"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=578929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=578929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=578929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}