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Showing 31 - 40 of 158 results for "Transition to retirement"

Industry fund introduces new fee

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... for retirees. First State Super customers will face changes to the Retirement Income Stream (RIS) and Transition to Retirement Income Stream (TRIS) fee structure on 1 April 2020. In an update to members, the super fund announced it will be reducing its ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... total annual fees and costs payable on a $50,000 balance to $437. It will not apply to Choice Income or Transition to Retirement Income accounts. The new fee is in addition to the fund's existing administration fee of $2.25 per week and investment ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... and claims experience. At the same time, the $3.1 billion fund has introduced a new rule on how many Transition to Retirement Allocated Pension Accounts (TTR Pensions) can be opened in a single financial year. The rule, which First Super says aligns ...

Link Advice partners with $12bn super fund

HARRISON WORLEY  |  THURSDAY, 31 OCT 2019
... topics than the fund could previously attend to, such as contributions, investment choice, insurance, transition to retirement, retirement advice and retirement health checks. "This is particularly important in a post-Royal Commission world, where higher ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... fee. Members will now pay 0.25% p.a - up from 0.15% p.a. - for accumulation, account-based pension and transition to retirement accounts. The change also applies to additional accumulation accounts of defined benefit members. Meanwhile, investment fees ...

Allianz Retire+ to research retirement transition

HARRISON WORLEY  |  TUESDAY, 17 SEP 2019
... delivery models - such as traditional face-to-face and robo-advice - can work together to assist people transition to retirement. "This research has the potential to rescript how we approach retirement advice, so as an industry, we are creating confidence ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... 0.32%, fixed interest remains unchanged at 0.07%, while international shares rose by 0.01% to 0.15%. The transition to retirement income stream (TRIS) balanced option saw investment fees decrease from 0.56% to 0.50%. Its estimated transaction costs went ...

Ken Marshman departs JANA

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
... retirement from the JANA board and Fiona Dunn has been named as his successor. Marshman commenced his transition to retirement in 2013. He served as chief executive of JANA from 2000 to 2008, and has served as chair since 2003. Having established a stable ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... understanding the conditions for accessing super early; finding out how to access super at preservation age; how transition to retirement pensions work; and paying super death benefits. AMP technical strategy manager John Perri said: "We've seen an increased ...

Interest in early access to super rises

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
... earnings, and has no maximum pension restriction." It may be more flexible and tax efficient than using a transition to retirement (TTR) pension, he added. Such structures do not receive a tax exemption on earning and have a maximum income payment of ...