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Showing 1 - 10 of 14 results for "Retirement Income Framework"

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... Account Based Pensions," Asher said in the recently-published dialogue paper titled: Developing the Retirement Income Framework. "While not likely to be popular, there is potentially a case for compulsory partial allocation of some members' superannuation ...

Retirement income covenant delayed

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... date for its introduction. The covenant is meant to form the first stage of the government's proposed retirement income framework, however more consultation and legislative drafting needs to take place, particularly after COVID-19, Assistant Minister ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... unlikely to come up with fresh thinking that would result in a substantially different approach to the retirement income framework," Nyilas said. However, Challenger's Jeremy Cooper said he gets the sense the review would steer well clear of said ...

Retirement income covenant consultation continues

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... disclosure documents and calculation methods for its proposed retirement income covenant. Phase two of the Retirement Income Framework is aiming to develop standardised and simplified metrics in product disclosure documents to help consumers make better ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... a Financial Services Council (FSC) event in Sydney this morning that following the first phase of retirement income framework consultation, the $50,000-and-over super asset threshold CIPR products are most suitable for, has been extended to $100,000. ...

Super scorecard to shift consumer playing field

DARREN SNYDER  |  THURSDAY, 31 MAY 2018
... funds, even though retirees face different risks, Cooper said. He added the Federal Government's Retirement Income Framework will deliver more clarity and choice for Australian retirees. "Government proposals for a retirement income framework, including ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
... Pensions chief executive David Orford was similarly supportive of the Government's changes to the retirement income framework. He said: "Protecting your standard of living post-retirement just became more achievable. The clarity around the compulsory ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... insurance arrangements for members under 25. The Government has also stated its latest position on the Retirement Income Framework. Superannuation trustees will need to offer Comprehensive Income Products for Retirement (CIPRs) - products that provide ...

Budget 2018: Social media reaction

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... (@gerardbrody) May 8, 2018 Consumer advocate Gerard Brody highlighted the Federal Government's update on its Retirement Income Framework. SMEs will continue to be able to write off assets up to value of $20K until 30 June 2019 #Budget2018 - HLB Mann ...
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