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Showing 1581 - 1590 of 9377 results for "Income"

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

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... Industry Supervision (SIS) regulations, retirees must draw a minimum pension amount based on their age when they start an income stream. This minimum amount must be withdrawn to maintain the tax-exempt status of the pension account. But Morgans Financial ...

AustralianSuper to decrease premiums

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... AustralianSuper's insured members will receive a premium reduction across death, total and permanent disability, and some income protection policies from May 27. The weekly cost of death cover will drop by an average of 13%, while the cost of TPD will ...

ClearView enhances ClearChoice products

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... life insurance product range, ClearView ClearChoice. Among the changes, ClearView is simplifying product names across the income protection (IP) range to increase clarity for both customers and advisers. Clients on the top level of IP cover will now ...

Retirement officer roles critical in super funds

CHLOE WALKER  |  THURSDAY, 23 MAR 2023
... going to be important as we all overlay and outlay our retirement strategies." "I'm not talking about the Retirement Income Covenant (RIC) and what we're required to do, but our business strategies and how we're going to transform the funds ...

State Street buys outsourced trading firm

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
... Street Alpha platform. State Street said its clients can also expect multi-asset class execution, including equities, fixed income, exchange-traded derivatives and foreign exchange, as well as modular-based solutions that allow clients to outsource components ...

Family offices ready to take risks

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
... appetites of family offices around the world are increasing and they've got their sights set on investment grade fixed income and emerging market equities. That's according to a new study by Ocorian which gleaned insights from 134 family office investment ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... explain insurance offerings to members, which is much more user-friendly. She said: "Some also included a death, TPD, and income protection claims guide to help members, that's all good stuff." However, there is still room for improvement. "We do ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... to enhancing their offerings. Across the funds reviewed, three million accounts had death and TPD cover and 800,000 had income protection cover. Primarily, ASIC looked at whether members were receiving better value from their insurance, whether claims ...

Virgin Money Super ups premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... unit. Their weekly premiums will now be $4.55 for a total cover amount of $176,000. There will be no change to premiums for income protection insurance. There is also no change to the amount of cover offered. "Increasing costs isn't something the trustee ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... outcomes. "It comes back to the purpose of super which is for people to have a decent retirement and having a decent retirement income is part of that picture," said Colvin. "But, if the cost of living keeps going up then to have a decent retirement ...