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Showing 121 - 130 of 572 results for "Lifetime"

Qualitas readies new fund with GURNER

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
... said young people spending $40 a day on smashed avocado toast and coffees and not working will never own a home in their lifetime), said multifamily assets look like a great investment. "We had been watching the industry very closely over the past two ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
QSuper is building a new retirement product that guarantees a lifetime income, hoping to combat longevity risk and fears that retirees will run out of money. Chief executive Michael Pennisi told a recent member update that the product, while still in ...

Super tax structure less progressive: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... RIR found that those with higher annual incomes receive larger tax advantages on superannuation earnings. "Over their lifetime, cameo modelling shows higher-income earners receive more superannuation tax concessions than lower-income earners as a percentage ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced it will cease its investment in Ascalon Capital Managers, which it acquired after Westpac ...

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... CBA's platform is used by 9835 advisers and 1085 Australian financial services licence. It is followed by AMP Flexible Lifetime with 6.9% market share by advisers -- 6240 advisers use it across 780 AFSLs. The third name on the list is Perpetual's ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... advisers. About 5,853 advisers use it, giving it a 6.5% market share. It follows Colonial First State and AMP Flexible Lifetime, according to Rainmaker data at September end.

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... for Life Companies and the Income Protection Award (My Protection Plan - IP Cover). TAL took home the Term Life Award (Lifetime Protection). The new Debt Insurance Award went to MLC Life (Debt Insurance) and new Tailored Medical Sector Award went to ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... owned and managed by Resolution Life group." AMP Life's $3 billion sale to Resolution Life was completed in July. The lifetime income protection product impacted by these premium increases is a legacy offering. However, AMP Life is reviewing premiums ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... said. BT Super members with essential cover for death and TPD will enjoy a premium decrease of 8.4%. Those with BT Super Lifetime Insurance death and TPD cover will have a decrease of 11.1%. The biggest decrease in premiums is for BT Super Tailored Cover ...