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Showing 1001 - 1010 of 1380 results for "Retirement Income"

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... hidden by opaque price structures and indirect payments." The FSI interim report also dedicated a section to retirement income, putting the issue of longevity risk at the top of the agenda. It stated that "the retirement phase of superannuation is underdeveloped ...

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... consumer protection. "In effect, they are both about whether you have a safety net, whether you recognise that in a retirement income system that's compulsory, that's universal, we need a safety net to protect people who don't choose their own fund ...

ASFA calls for lifetime contribution caps

MARK SMITH  |  THURSDAY, 3 JUL 2014
The Association of Superannuation Funds of Australia (ASFA) has called for lifetime cap to non-concessional superannuation contributions for those with balances over $2.5 million. The recommendation is published in a report which analyses the impact ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income, but has been sidetracked by a disproportionate emphasis on wealth accumulation according to a key government official. Speaking at this morning's annual policy conference ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income but has been sidetracked by a disproportionate emphasis on wealth accumulation. Speaking at this morning's annual policy conference for the Committee for Economic ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... retire comfortably through the Mercer Retirement Readiness Index. The index compares the member's projected retirement income with the Association of Superannuation Funds of Australia (ASFA) Comfortable Retirement Standard, currently $57,665 per annum ...

Super isn't working for us, say baby boomers

JAMES FERNYHOUGH  |  MONDAY, 2 JUN 2014
... retirement planning. Nearly two thirds estimate they will need to rely on the age pension to supplement their retirement income, highlighting the fact that the system came too late for some to get the maximum impact. "Ironically, if ever the over 50s ...

Jeremy Cooper: Rethinking retirement

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
Challenger's Jeremy Cooper talks to FS Super associate editor James Fernyhough about retirement income, challenging some widely-held beliefs about the drawdown phase of superannuation. As one-time chair of the Cooper Review, Jeremy Cooper knows Australia's ...

Treasurer signals major superannuation shake up

ALEX DUNNIN  |  TUESDAY, 20 MAY 2014
Treasurer Joe Hockey has given the strongest signal yet that the government will be introducing sweeping reforms to bring superannuation into sync with age pension reforms that were announced in last week's budget. The Treasurer was speaking last night ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
... to make up the difference elsewhere. This will increase the pressure on super funds to develop more efficient retirement income products. Vamos also warned super funds that the deficit levy would mean the marginal tax rate would rise by 2%. This, she ...