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Showing 141 - 150 of 674 results for "Lifetime"

High super balance tax needs work: Podcast

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... Services Council (FSC) analysis of ATO data found a significant portion of Australian taxpayers will breach the cap in their lifetime. It found some 500,000 individuals currently saving for retirement or already retired could be impacted if the cap remains ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... Life have remained strong. Retail annuity sales increased 48% supported by attractive rate, rising demand for guaranteed lifetime income and a growing number of Australians entering retirement." But as Challenger has prioritised growth in longer duration ...

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
Superannuation funds that fail the performance test downplay their results and obfuscate members from understanding critical information, according to the corporate regulator. ASIC has criticised super funds that failed the performance test two years ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
... extending this approach to support our portfolio companies in their decarbonisation journey throughout their investment lifetime within our new fund," she said. "If Australia is to successfully shift to a lower carbon economy, now is the time to act. ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... non-indexation of the superannuation cap may lead to a significant number of Australians breaching the $3 million cap in their lifetime, affecting around 500,000 people, as per ATO data. Further, Rainmaker Information research indicates that the $3 million ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... Services Council (FSC) analysis of ATO data found a significant portion of Australian taxpayers will breach the cap in their lifetime and face a 30% earnings tax. Of those impacted, 204,000 will be under 30, while 135,541 will be between 30 and 34 and ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... expected to rise as inflation continues. Income stream options such as account-based pensions, guaranteed CPI-linked lifetime annuities and market-linked lifetime annuities can also help, Challenger said.

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... 'how can I differentiate'? To stay in the game, they will have to focus on innovation - particularly with respect to lifetime income."

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
The annual MySuper heatmap shows there are six products that had significantly poor performance in relation to the benchmark. EISS Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper ...

North adds new managed portfolio capability

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... explained. "In particular through our expanding managed portfolio range and our new retirement income solution - MyNorth Lifetime. Our Buy, Badge, Build managed portfolio solution is another example of how we're continuing to innovate and lead the ...