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Showing 1261 - 1270 of 3876 results for "Pension"

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... number of reforms needed to help fix the retirement system, one of which involves simplifying and integrating the Age Pension with superannuation and aged care. The report, entitled Options for an improved and integrated system of retirement, highlights ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
... said. "Many retirees would have welcomed the recent decision to decrease the deeming rate in the asset test for the Age Pension but at the same time they have been facing increased costs of living and lower returns from investments, such as term deposits," ...

Cull flat fees for small pensions: Report

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
Pension funds should stop charging flat fees on small and dormant accounts, a report produced by the United Kingdom Work and Pensions Committee recommends. The report said even if a pension fund makes a good return, a flat fee structure can completely ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... prior corresponding period. Wealth management net cash outflows were $3.096 billion, which included $1.228 billion of pension payments. AMP says these outflows reflected a range of factors including the impact of AMP's appearance at the Royal Commission ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... shareholder in National Investment and Infrastructure Fund (NIIF)'s investment management company. Ontario Teacher's Pension Plan has come on board with a similar investment at the same time. AustralianSuper chief investment officer Mark Delaney ...

Survey backs SG increases

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... contradicting itself when it recently released research claiming increasing the SG to 12% would not ease the burden on the Age Pension. Now, Grattan is claiming that an increase will leave workers poorer because it will reduce the amount they are entitled ...

Mercer slams Grattan Institute

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... Grattan's assertions were founded upon flawed assumptions, including that all Australians will work until the future pension eligibility age of 67. "In fact most Australians retire a few years before the pension age," Mercer pointed out. The firm ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... bill for making no provision to prevent the possibility that retirees could lose more by giving up favourable tax and pension treatments on their existing investments if they are forced to move to new investment products. The AFA shared similar concerns ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... the losses. Sharp said: "The June quarter saw the execution and rollout of the new Xplore Wrap for investment, super and pension." "The wrap has been positively received by clients and together with the single approved product list (APL) across all products ...

UniSuper advice offering surges

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
... intra-fund advice, UniSuper said. Most of this advice covers investment choice, contributions to super, insurance, Flexi Pension set ups and non-super investments/regular savings plans. In terms of general advice, questions about investment options ...