Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 1198 results for "retirement income"

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
The government has released a draft objective for superannuation to deliver sustainable retirement income. The proposed objective, which is open for consultation, is to preserve savings to deliver income for a dignified retirement, with government support ...

Allianz Retire+ launches new retirement income solution

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
Allianz Retire+ has launched its new retirement income product, designed to enhance the provision of retirement planning for advisers. Allianz Guaranteed Income for Life (AGILE), available in early March, is a next-generation retirement solution delivering ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... $99 billion, up 1% in the half, but down 14% on prior comparable period (pcp). Challenger Life, the company's retirement income brand, had performed well, earnings before interest and tax (EBIT) was $263 million, up 13%. Life earnings benefited from ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... Attorney General Sean Reyes are leading the suit, which alleges that the rules change violates the Employee Retirement Income Security Act of 1974 (ERISA) Administrative Procedure Act, and that the rule departs from policy put in place by the previous ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... of $0.04 billion. Emphasising the need for super tax reform, Knox concluded that the objective of Australia's retirement income system, encompassing both the Age Pension and superannuation, should enable most retirees to maintain their pre-retirement ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... improved retirement outcomes in the new year. Both regulators will review how trustees have implemented the Retirement Income Covenant within their business strategies and operations, for the benefit of members, and to ensure trustees take steps to address ...

Superannuation objective: Australians want retirement income

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
... Council (FSC) research found Australian's support legislating an objective for super that focuses on delivering retirement income. A focus group study conducted by CT Group revealed Australian consumers' awareness, understanding, beliefs and attitudes ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... including the Your Future, Your Super (YFYS) reforms, aggressive super fund consolidation and launch of the Retirement Income Covenant (RIC), 40% of Australian respondents reported having little confidence in their preparedness for, or timing of, their ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... risks, highlights the need for financial advisers to consider the impacts of rising inflation as they explore retirement income solutions for their clients. Challenger said that inflation erodes the real value of income for a retiree, even with moderate ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... said: "We want to ensure that convicted child sex offenders cannot use superannuation - which was set up for retirement income purposes; not to shield criminals' assets - so to ensure that we close the loopholes so any of these out of character contributions ...