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Showing 111 - 120 of 797 results for "pensions"

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... the pensioner." Moreover, under the proposed laws, retirees who rely on regular withdrawals from their account-based pensions to cover living expenses face an effective tax if their total super balance exceeds $3 million at the end of a financial year. ...

Ignition chief executive resigns

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... commented: "I look forward to my next chapter in Australia, Asia and Japan, where I can contribute to the asset management, pensions, wealth management, financial advice and digital transformation areas specifically and help provide broad leadership ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... significantly over the past year, with opportunities in the UK for Pension Platforms such as master trusts, personal pensions, and annuities. "We have a diversity of potential client opportunities across wealth managers, retail investment platforms and ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... mitigate the risk of running out of money during retirement, retirees can also choose between traditional defined benefit pensions that increase payments in line with inflation, or account-based pensions that allow for adjustments to withdrawals to keep ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... expenditure stands out from other advanced economies' retirement income systems, an ASFA report says. ASFA's Cost of pensions across advanced economies report said Australia's government pension expenditure is relatively low and expected ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... deliver the best possible value to them." The news follows Link securing a mandate with HSBC as the latter builds out its pensions business in Hong Kong, a move that also signals Link's first foray into the Hong Kong pensions market. Link also extended ...

Allianz Retire+ launches new retirement income solution

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
... provides full advice platform integration opportunities, can be embedded within superannuation funds and account-based pensions, and enables advisers to construct retirement strategies with certainty, years in advance of a client's retirement. AGILE ...

Australia survives global pension rout

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... found that defined contribution (DC) is dominant in Australia and the US. However, the trend of defined benefit (DB) pensions giving way to DC plans has continued in many regions worldwide. Over the past 20 years, DC assets have grown at a rate of 7.2% ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... monitoring corporate actions to ensuring there is enough monies in client accounts, to paying for ongoing insurances and pensions day today management is significant. Further, clients are accepting instructions, such as changes in fees or annual fee ...