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Showing 111 - 120 of 572 results for "Lifetime"

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... an adviser's frequent involvement, such as an account-based pension, rather than a 'set and forget' product, such as a lifetime annuity or other longevity risk management product."

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... question. "There is no government system in place that can help people in our situation. Our financial future, after a lifetime of hard work, looks bleak," he said. Another noteholder, Nickie, emigrated to Australia from New Zealand with her husband ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... product to meet the increasing demand for guaranteed retirement income well ahead of the federal government's mandate. Lifetime Pension provides tax-free fortnightly payments for members aged between 60 and 80 for the rest of their lives. The product ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... retire and cash out to pay for his house because he hasn't been able to pay for his house throughout the course of his lifetime because he has had to put 10% of his earnings, which could be 100% of his savings, into super rather than his house, you ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... from the government's own Retirement Income Review reveal ditching the increase would leave all income groups with lower lifetime disposable incomes," it said. "A plan to make the increases optional, forcing workers to pay for their own wage increase ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... executive Grant Hackett said. "We are now delighted to partner with Optimum Pensions. Together, we will deliver an innovative lifetime annuity that will help Australian live a more stress-free retirement - knowing that they won't run out of money..." ...

Fidelity enters UK advice market

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... customer needs." Fidelity confirmed it currently has five advisers who specialise in offering safeguarded benefit transfer, lifetime allowance and retirement income advice supported by four pension transfer specialists. A further six advisers will be ...

CSC announces new partnership

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
... health support and suicide prevention is something that needs an immediate response because the ramifications can last a lifetime and in some cases it is a matter of life or death." He said it was important that support for mental health and suicide ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... $200,000 in super. "Removing the guarantee in the super guarantee to make it 'optional' is a recipe for higher taxes, lower lifetime incomes, and a red tape nightmare for business," ISA deputy chief executive Matthew Linden said. "The government should ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... appreciated by a minority of SMSFs affected. "[We]don't believe the TBC rules work effectively in situations where a lifetime or life expectancy complying pension is converted to a market-linked income stream and the commencement value of the market-linked ...