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Showing 161 - 170 of 1380 results for "Retirement income"

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... financial services group said its NPBT result was driven by an ongoing strong performance in Challenger Life - its retirement income business that sells term and lifetime annuity products - and a "disciplined approach to cost management." Challenger's ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... targets moderately high returns of 3.25% above the rate of inflation or 3.75% above the rate of inflation for retirement income stream accounts. For example, if the consumer price index (CPI) averages 3% p.a. year over 10 years, the option aims for an ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... doubled to $20 million by the current government - should be reconsidered. Separately, on superannuation and retirement income performance, Howarth said he believes in super, supports it, and wouldn't make any major changes. "I don't come in ...

WTW retirement solutions lead steps down

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... include risk tolerance modelling, demographic and retirement adequacy analysis, dynamic lifecycle strategies, retirement income projections, and using fintech to devise retirement strategies and present retirement risks effectively. Callil worked across ...

Australian Retirement Trust restructures leadership team

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Australian Retirement Trust (ART) has undergone a major organisational shakeup that's resulted in an overhaul of its executive leadership team, including some key departures. The $300 billion super fund, which is nipping at the heels of AustralianSuper ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... be the case," Boal said. "It's time for us to reconsider the role of the home as a fourth pillar of our retirement income system - alongside the Age Pension, superannuation, and voluntary private savings - which could be treated as another financial ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... individual deferred small pension pots, allowing multiple deferred savings accounts to be combined to maximise retirement income. The government added that this would benefit pension schemes as many are currently managing loss-making pots, undermining ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... November 2023, buoyant equity markets, driven by expectations of rate cuts, enhanced returns. Equip Super's Retirement Income Account members also saw healthy returns, with the Retirement Income Balanced Growth option delivering a 9.88% return for FY24. ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... the most common topics raised by AMP's adviser network for the half year ending June 30 included innovative retirement income streams, navigating limited recourse borrowing arrangements as well as aged care. "The last six months have seen a significant ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... front-and-centre in trustees' strategic and business planning, financial resource management, implementation of the retirement income covenant and fund transfers." The regulator wants to ensure that all decisions, particularly around expenditure, are ...