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Showing 151 - 160 of 676 results for "Lifetime"

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 ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... than ASFA's comfortable standard of living. As an alternative, it prescribed investing in efficient and effective lifetime income streams that guarantee continued income no matter the duration of life. "Pooled longevity risk might be the answer and ...

Insurance, retirement product excellence recognised

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
... products to assist retirees in meeting the challenges of longevity (life expectancy). It took out the Longevity Product (Lifetime Guaranteed Income) Award and Client & Adviser Technical Support Award too. AIA took home the Longevity Product (Deferred ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... protection, and a traditional defined benefit pension. Alternatively, the report recommended a guaranteed CPI-linked lifetime annuity that pays retirees an income stream for the rest of their life that adjusts in line with inflation changes. Moreover ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
AMP has launched MyNorth Lifetime, a new suite of solutions available through the North platform that combines an account-based pension with the lifetime cashflow features of annuities. The MyNorth Lifetime Income account is a flexible pension account ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
Lifetime annuities have often been set and forget products - very stable, very predictable and linked to one asset with total inflexibility - but that's completely changed, Generation Life chief executive Grant Hackett said. The perception of traditional ...

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... his services to the community and his philanthropy, Sherman was awarded the Order of Australia medal in 2004. Over his lifetime, he also received the B'nai B'rith Gold Medal for outstanding humanitarianism (alongside his wife Gene), the Ernst ...

Stock exchanges, industry pay tribute to Queen Elizabeth II

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
... passing, Governor General David Hurley said: "I join all Australians in mourning and reflecting on Her Majesty's lifetime of tireless service." "She was a truly remarkable person. As our Queen, she served our nation with enormous distinction for ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...