|Search Results||Showing 1 - 9 of 9 results for "Retirement Income Covenant"|
|... income strategies. The Government should reassess the benefits, costs and detailed design of the Retirement Income Covenant - including the roles of information, guidance and financial advice - and only introduce the Covenant if design ...|
|... Group convenor Andrew Boal said the institute welcomes plans to prioritise the development of a retirement income covenant, and that all superannuation funds should develop a retirement income strategy for members. In doing so, the institute ...|
|The government should abandon the Retirement Income Covenant proposed last year, if it can't sufficiently remediate its flaws by the deadline, the Productivity Commission says in the final report. Treasury has already extended the deadline on ...|
|Treasury is seeking consultation on 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 ...|
|... for, has been extended to $100,000. It was originally proposed that the framework , including the retirement income covenant, would be legislated by 1 July 2019 and will commence 1 July 2020. The Government has delayed the implementation deadline ...|
|... State Street Global Australia. In its May budget, the Federal Government said it would introduce a retirement income covenant requiring super fund trustees to offer Comprehensive Income Products for Retirement (CIPRs) and a consultation period was ...|
|... to SuperEd, the robo-adviser aiming to improve retirement incomes. In its submission paper to the Retirement Income Covenant Position Paper, SuperEd said it fully supports the Government's move to address the needs of a maturing membership base ...|
|Treasury has laid out principles for its proposed retirement income covenant and is inviting stakeholders to submit consultation for the next four weeks. Here are key takeaways from it. The paper's primary suggestion - as expected -- is that ...|
|... come as early as 1 July 2019. In Tuesday night's Budget, the Government said it will introduce a retirement income covenant that will require superannuation fund trustees to develop a strategy to help members achieve retirement income objectives ...|
| | |
The Financial Services Council has welcomed a new board director. BT Financial Group general manager of platforms, investments and operations Kathy Vincent has joined the industry body's board.
| | |
The $50 billion industry super fund will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio.
| | |
A global manager has appointed a new head for Australian equities as the incumbent moves to a different role.
| | |
An $11 billion superannuation fund amended its constitution to increase the influence of independent voices on its board following an APRA probe.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|