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Showing 171 - 180 of 707 results for "Lifetime"

Generation Life rolls out product enhancements

ANDREW MCKEAN  |  WEDNESDAY, 7 JUN 2023
... "With this in mind, we're excited to introduce LifeIncome's new feature: LifeIncome Flex. As the most flexible lifetime-linked annuity in the Australian market, LifeIncome Flex gives financial advisers the ability to help Aussies increase their ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... retirement products. Two years since the formation of ART, Spragg says the super fund often gets asked how it's going with its Lifetime pension product, originally launched under the QSuper brand. While ART is one of the country's largest superannuation ...

Hostplus surpasses $100bn in FUM

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
... record over three, five, seven, 10, 15, and 20 years in our MySuper Balanced option, Hostplus is increasingly becoming the lifetime fund of choice for many Australians," Elia said. It is also the result of several mergers, including with Club Super ...

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.