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Showing 141 - 150 of 332 results for "Retirement Product"

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Latest analysis of Australia's superannuation industry shows COVID-19 may prove the catalyst for small superannuation funds to finally pull the trigger and merge. Rice Warner believes the turmoil experienced across financial services will soon force ...

Higher super contributions make Aussies feel safer

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... contribution levels corresponds with greater confidence in retirement outcomes." Choi said super funds and retirement product manufacturers had an important role to play in encouraging Australians to start thinking about their retirement from an earlier ...

Industry fund introduces new fee

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
One of the country's largest industry funds has announced a new fee for retirees. First State Super customers will face changes to the Retirement Income Stream (RIS) and Transition to Retirement Income Stream (TRIS) fee structure on 1 April 2020. ...

Magellan cracks $100 billion

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Treasury's current scrutiny into adviser/broker commissions on LITs and LICs last year and has been working on a retirement product.

Cbus Super chief to exit

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
David Atkin will leave as the $57 billion superannuation fund's chief executive later this year after 12 years in the role. Atkin steered Cbus as it grew from just $12 billion in assets under management, adopted a more comprehensive approach to ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
An American manager looking to tap the Australian market has had a change of direction as it sees greater opportunities in superannuation funds' requirement to develop retirement income products. Thornburg Investment Management which was founded ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
CommInsure is looking to expand its annuity offering as it sees opportunity in the fast-approaching deadline for superannuation funds to develop comprehensive retirement income products (CIPRs). The life insurer, which is in the process of changing ...

Calls for better drawdown rules

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Over the next decade the number of retired Australians over 65 is projected to grow from four million to seven million, sparking calls from Willis Towers Watson for better drawdown rules to ensure retirees aren't being too conservative with their ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... announced it plans to raise $275 million in capital to fund growth opportunities, including the development of a retirement product.

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... fully underwritten by Macquarie. Of the $275 million raise, Magellan will use $50 million to support its new retirement product and the remainder will go towards seeding strategies in its product development pipeline, costs of the newly-announced LIT's ...