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

Search Results

Showing 41 - 50 of 3460 results for "Pension"

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... desirable and something that is very, very competitive." The success seen so far bodes well for Vanguard's newly launched pension products, comprising an account-based pension, SpendSmart, and a transition to retirement option, TransitionSmart. Like ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... payments rose 21.5% to $111.1 billion. The latter was the result of lump sum payments rising by 26.3% to $63.2 billion and pension payments increasing by 15.7% to $47.9 billion.

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... Ahead Institute finds that Australia's superannuation funds continue to cleave to equites for superior returns. The Global pension assets study report analysed 22 global pension markets and found Australia's high dependency on the equity markets, allocating ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... this change, Heffron flagged issues that must be considered including the impact of large withdrawals on exempt current pension income (ECPI), not wasting losses and/or negative earnings, and any tax on death benefits.

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... place to help people save for retirement and ultimately take pressure off the taxpayer by reducing demand for the Age Pension, so those who are in a position to make use of the increased limits next financial year should give serious consideration to ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... government should notify super funds about members' eligibility for pensions and other government support, like the Age Pension, so funds can tailor information to them. The SMC also said a comprehensive retirement test should be introduced that measures ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... Sentient Group in 2001. The Sentient Group manages capital for institutional investors such as endowments, family offices, pension funds, sovereign wealth funds and insurance companies in the USA, Europe and the Middle East. In 2017, he retired from ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... partnered with the Commonwealth Superannuation Corporation (CSC) and TelstraSuper to launch its RetireAccess Lifetime Pension. Challenger managing director and chief executive Nick Hamilton said Australia is now firmly focused on strengthening the retirement ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... to Treasury, in a bid to deliver a visionary retirement system. The super fund also advocated for the automation of Age Pension applications, a move that would enable an integration of this income source with members' superannuation savings. This is ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... consider a broader range of a member's personal and household circumstances such as debt, spouse's income, or age pension eligibility. If enacted, the Actuaries Institute suggests requiring super funds to show retirement income estimates alongside ...