Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 330 results for "Retirement Product"

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 ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... industry players are pre-empting the 2022 launch date in providing retirement income products. QSuper's retirement product is in the works, while Challenger has offered strategies for a number of years that tackle longevity risk and provide an income ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... $12 million from Magellan's management fee revenue compared to the previous corresponding period. On the retirement product, Magellan said, it is still awaiting regulatory approval. In an update on its newly-launched principal investments business ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AMP has launched a new retirement product that guarantees the return of capital regardless of market volatility. Available on its MyNorth platform, MyNorth Guarantees aim to help investors nearing retirement protect their nest egg against sequencing ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
... consumers," Money magazine editor-at-large Julia Newbould said. Bendigo Smartstart Super Pension was named best-value retirement product, beating out ANZ Smart Choice Pension and GESB Retirement Income Allocated Pension. Rest was awarded best value balanced ...

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 ...

Which longevity product yields the highest income?

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
The report modelled average annual retirement income from three types of longevity products for retirement income. Here's what came out on top. It found allocating 100% of retirement assets to a group self-annuity starting at 67 would yield the best ...