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Showing 1 - 10 of 1198 results for "retirement income"

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
The $175 billion superannuation fund welcomed its first head of corporate development as it looks to be a "merger partner of choice" in the industry. Craig Stevens joined Aware Super this week in the role, coming across from Vanguard Australia where ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... Accumulation accounts (including Defined Benefit Additional Accumulation accounts), Super Savings Transition to Retirement Income accounts and Super Savings Retirement Income accounts will be affected. This comes after ART announced a raft of investment ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... every income payment needs to keep its value to maintain the target lifestyle of a retiree. Challenger head of retirement income research Aaron Minney said an investment strategy that provides a steady rate of return is required to confidence in retirement. ...

Proposed super tax obfuscates legacy pensions rules: SMSFA

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... of these legacy pensions by giving individuals the opportunity to take up new more innovative account-based retirement income products. This in turn will make the administration of Division 296 a whole lot simpler and efficient for taxpayers, regulators ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... public, and Parliament on the superannuation system's crucial role in preserving, growing, and delivering retirement income. "The Committee considers that the Bill as drafted will create a clear framework for assessing future superannuation policy ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... their savings with not drawing down too slowly and living more frugally than necessary, the report said. The Retirement Income Covenant (RIC) aims to improve outcomes for members, but funds lack complete information on their members. As such, trustees ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Financial advisers in the UK are being asked to examine their processes when providing retirement income advice, following a thematic review that found some "are not even getting the basics right." The Financial Conduct Authority (FCA) undertook the ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... through a longevity product. While for others it may be something else entirely." Blackmore said AustralianSuper's retirement income strategy identified a cohort of members who may benefit from a lifetime income option supplementing an account-based ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... willing to pay up to $800 for investment property advice, the highest-rated need. Interestingly, those seeking retirement income stream advice are prepared to pay more ($800) compared to $570 for other advice needs. "These findings further highlight ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... opening up how we talk about ESG were career highlights. Just wait until you see what the team has in store on retirement income and annuities research." Dunnin isn't hanging his boots up altogether, however. In a previous life, Dunnin was a high school ...
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