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Showing 1111 - 1120 of 1381 results for "Retirement Income"

US planners want retirement product simplicity

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
US FPA research shows adviser demand for a single retirement income planning product while systematic withdrawal was deemed the most effective in helping clients maintain retirement plans and lifestyle. The US Financial Planning Association (US FPA) ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... covenants have also been laid down on the basis that "the cost of the insurance does not inappropriately erode the retirement income of beneficiaries". As of July 1 2013, MySuper products will replace existing default investment options in default funds ...

Super industry responds to MYEFO

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
... the most popular retirement product in the bull market they can't be relied on to provide bedrock or lifetime retirement income, and need to be supplemented with fixed income investments capable of providing guaranteed income payments each month." Treasury ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... superannuation contributions compulsory for these mature-age employees will improve the adequacy and equity of the retirement income system, and provide an incentive to older Australians to remain in the workforce for longer," said the Minister. The ...

MySuper Mythconceptions

ALEX DUNNIN  |  TUESDAY, 22 NOV 2011
... it is a pre-retirement investment only. This leads to another point of confusion. Funds can still pay members retirement income stream payments but this is done by first transferring the member into the 'choice', ie non-MySuper, division of the fund ...

Abbott: Coalition will not vote for SG but won't rescind it

RACHEL DAVIS  |  FRIDAY, 18 NOV 2011
Opposition leader, Tony Abbott, has made his position clear on the proposed rise in the superannuation guarantee to 12%. Abbott confirmed this morning at a Financial Services Council (FSC) breakfast in Sydney, that while his party will not vote in support ...

Australia's retirement system the most sustainable in the world

RACHEL DAVIS  |  MONDAY, 14 NOV 2011
... Bank, the retirement age in Greece is still low and public replacement rates (the percentage of a worker's pre-retirement income paid out by the pension system upon retirement) are too high. "At the other end of the spectrum is Australia. Australia's ...

Strong leadership essential to face superannuation challenges

CLAIRE MCGREAL  |  THURSDAY, 10 NOV 2011
... position as we are now." Meanwhile, former Foreign Minister Alexander Downer praised the country's management of retirement income as "one of the great successes of modern Australia". " It's been complex, its often been unpopular... thinking back to ...

Challenger's Stevens resigns, names successor

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
... group's success in annuities to Stevens and wished him well in the future. "His foresight in recognising the retirement income opportunity and pivotal role of annuities has underpinned Challenger's ongoing success. His decisive action to streamline and ...

Aberdeen focuses on evolving market

ELISE BURGESS  |  WEDNESDAY, 9 NOV 2011
... its focus markets of equities and fixed income solutions, the group is also looking to expand somewhat into retirement income products as the market evolves. "We are conscious of the evolving market and while we don't have immediate plans for product ...