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Showing 81 - 90 of 1193 results for "Retirement income"

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... Overhauling superannuation drawdown rules can significantly ease the cost-of-living pressures for retirees and improve retirement income by up to 20%. This is one of three recommendations presented by the Financial Services Council and NMG Consulting ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... However, with an ageing population and shift towards retirement planning, spurred by the introduction of the Retirement Income Covenant, funds are in prime position to engage with members. "Superannuation funds are now starting to provide a lot more ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... she added. Further, Panagis argued that creating an objective without considering the three key pillars of the retirement income system is a flawed approach. "Any legislated superannuation objective aimed at influencing policy makers moving forward ...

Retirement officer roles critical in super funds

CHLOE WALKER  |  THURSDAY, 23 MAR 2023
... going to be important as we all overlay and outlay our retirement strategies." "I'm not talking about the Retirement Income Covenant (RIC) and what we're required to do, but our business strategies and how we're going to transform the funds ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... outcomes. "It comes back to the purpose of super which is for people to have a decent retirement and having a decent retirement income is part of that picture," said Colvin. "But, if the cost of living keeps going up then to have a decent retirement ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
The four-day workweek wave has hit Australian shores and its many advocates believe it can play a major role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
... execute on leading, innovative investment strategies which drive strong risk-adjusted returns for our members' retirement income streams." As for the income and markets role, Scott Rissman joins from QIC's liquid markets group. He had been at ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 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 ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
... $350 a year for members still saving and $600 a year for members with a Choice Income pension or transition to retirement income account.