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Showing 1 - 8 of 8 results for "MyRetirement"

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... restrictions on the ability of super funds to appoint independent directors to trustee boards. Finally the PC also says MyRetirement default products are not warranted. It said the diversity in household preferences, incomes, and other assets when approaching ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... nearly 59% of all balanced pension funds rank their performance against CPI, Milliman said. It added that any default MyRetirement or comprehensive income product for retirement (CIPR) products that are indexed to the CPI are likely to be affected by ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Delay in progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation ...

Super funds embrace derivatives to meet retirement goals

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... security replacement and to enhance yield," he said. And amid the Comprehensive Income Products for Retirement (CIPR) or MyRetirement discussions, it should include derivative strategies to address the dynamics of the pension phase for members. Armitage ...

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
... than nine years longer than they did in the 1990s," Cooper said. "We need to enhance the model, which is what the MyRetirement reforms are asking us to do." Cooper said the defined contribution model has "no structure to the drawdown phase," arguing ...

MyRetirement too product heavy: Morningstar

KARREN VERGARA  |  MONDAY, 26 JUN 2017
Morningstar is pushing for MyRetirement solutions to be less product-centric and a mandatory digital advice component be made available for retirees. In a discussion paper submitted to Treasury on Comprehensive Income Products for Retirement (CIPRs) ...

Actuaries warn against one size fits all retirement products

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
... prescriptive approach would see the proliferation of sub-scale, unsustainable products. In its submission to Treasury's MyRetirement review, the institute advised that the framework - which should apply to all super funds - must meet both the government's ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... Government is taking a leaf out of the MySuper playbook, suggesting Comprehensive Income Products for Retirement become MyRetirement products. Releasing a Treasury consultation paper on the development framework for CIPRs, Government Minister Kelly O'Dwyer ...
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