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Showing 111 - 120 of 326 results for "Retirement Product"

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

QSuper head moves to AMP

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
QSuper's former head of product and services joined AMP Australia as general manager retirement solutions. Ben Hillier will lead the development of financial solutions across the AMP Australia business to help more Australians manage their wealth in ...

Retirement Income Covenant paper released

KANIKA SOOD  |  TUESDAY, 20 JUL 2021
... of July 2020. The government's initial stance was that all superannuation funds must offer a new, hybrid retirement product that goes beyond the standard account-based pensions. These products were required to provide retiring members access to capital ...

Retirement portfolios need a rethink: Research

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
A sufficient level of retirement income relies on income volatility as a measure of the risk of impaired living standards in retirement rather than asset return volatility, new research shows. New research from Franklin Templeton subsidiary Martin Currie ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... significantly lower than $80 million for the year ending June 2020. In recent months, Magellan has launched its retirement product FuturePay, taken a stake in FinClear and in Barrenjoey. For the December 2020 half year, MFG reported NPAT of $202 million ...

Magellan retirement product nears launch

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... June 1, the company said in this morning's ASX filings. Magellan Financial Group has been working on its retirement product since at least 2017. It has now scheduled a June 1 briefing for the retirement income focused product but did not provide ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Superannuation funds welcomed the budget's move to dump the $450 threshold, but called out a lack of measures to close the super gap. Last night's budget included five key decisions on superannuation. These were abolishing the $450 per month ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... Individuals can then decide whether they want to stay in that super fund, take a lump sum benefit or move to a new retirement product. The transferred capital will not be counted towards the concessional contribution cap nor will it trigger excess contributions ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... conflicted than superannuation funds when they provide financial advice. This may encourage a more competitive retirement product market," the report said. "However, financial advisers may have an incentive to recommend retirement products that require ...

AMP announces new managed portfolio partnership

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
... MyNorth managed portfolio range, with more new offers set to launch in 2021." Last year, AMP launched a new retirement product, MyNorth Guarantees that ensures the return of capital regardless of market volatility. Investors who keep investments for ...