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Showing 991 - 1000 of 1380 results for "Retirement Income"

Give MySuper time to work, says AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
MySuper and SuperStream must be given time to work before the government considers any further changes to the system, the Australian Institute of Superannuation Trustees (AIST) has said. In its submission in response to the Financial System Inquiry ...

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
... Pauline Vamos said. In its submission ASFA also says the biggest gap in the current system is the design of retirement income streams and the lack of a suitable range of products flexible enough to meet the varying and growing needs of Australia's retirees. ...

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
... Secretariat formulate a paper, separate to this submission, that is examining options for the development of retirement income products to manage longevity, inflation, and investment risks." The Actuaries Instituted has been one of the most vocal proponents ...

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
Financial Services Council (FSC) chief executive John Brogden has called for a national retirement income policy. In his keynote speech to the FSC Annual Conference, Brogden said the FSC would embrace the opportunity and lead the debate on taking superannuation ...

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
NGS Super has launched a new retirement income product which balances "a combination of capital growth and income return." The new product, called the 'Income Generator', has a growth-to-defensive asset allocation ratio of 56% to 44%. It aims to achieve ...

AIST slams Xenophon's super home loan proposal

JAMES FERNYHOUGH  |  FRIDAY, 1 AUG 2014
... Senator Nick Xenophon's proposal to allow first home buyers to access their super for a deposit would "threaten retirement income security", according to Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia. Xenophon has ...

BT makes key distribution role appointment

LAURA MILLAN  |  MONDAY, 28 JUL 2014
BT Financial group has appointed a former Financial Services Council (FSC) executive to the role of key account manager in its adviser distribution team. Former Financial Services Council (FSC) senior manager of policy and advice Cecilia Storniolo has ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
The government has launched its much-anticipated review of Australia's underdeveloped retirement income industry with the release of a comprehensive discussion paper. The 21-page paper discusses measures to overhaul the entire regulatory regime of the ...

FSC's Storniolo leaves to join BT

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
The Financial Services Council (FSC) senior policy manager for advice Cecilia Storniolo left the organisation last week to join BT Financial Group. An FSC spokesperson confirmed that the departure is unrelated to FSC chief executive John Brogden's decision ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
The viability of Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report. The report acknowledged that the franking credit system, which refunds corporation tax to low or ...