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Showing 221 - 230 of 1002 results for "Accumulation"

William Buck appoints new director

CHLOE WALKER  |  FRIDAY, 11 MAR 2022
... of strategies such as maximising after-tax cashflow, structuring of assets to ensure efficient ownership, wealth accumulation strategies and asset protection," he said. "It's not easy and requires highly skilled individuals. Michael shares our all-inclusive ...

Funds need retirement income strategy by July

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... calculators, providing factual information about key retirement topics, and providing forecasts to beneficiaries during the accumulation phase about potential income in retirement. "APRA and ASIC acknowledge that many RSE licensees will have a strong ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... plan within its structure and maintain the APSS defined benefits, funded by Australia Post, while APSS members' accumulation balances will be transferred to comparable ART investment products. "APSS joins Australian Retirement Trust at an exciting ...

CSC turns 100 years old

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... Superannuation (PSS) scheme the same year. The PSS closed to new members in 2005 and was replaced by the Public Sector Accumulation Plan (PSSap). In 2011, Parliament passed new laws overhauling the Commonwealth's public service and military superannuation ...

Clients want more communication from advisers: Research

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
... when they came to their adviser," he said. Most clients engage with an adviser for either life insurance cover or accumulation products to save for retirement. While a 70- to 75-year-old client no longer has a need for accumulation-related superannuation ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... defined benefit division. The DB offering was wound up on December 31, with all DB members moved into the fund's accumulation division. According to APRA data, in 2020 the DB division only accounted for 2% of the fund.

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... interests of members. The fund is due to be terminated on March 1 with the fund to stop receiving contributions to accumulation accounts on February 4 and cease pension payments on February 11. Members have been requested to inform the fund of a new ...

QSuper merger update, fee cuts

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
... significant event notice to members. As such, QSuper and Sunsuper have agreed to cut admin fees from July 1. QSuper accumulation account, income account and lifetime pension pool admin fees will be reduced from 0.16% to 0.15% per annum. The administration ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... a priority for Labor. Jones sees advice as the missing puzzle piece among the Retirement Income Covenant and the accumulation phase. But currently, the advice sector "is in turmoil," Jones said. "The old business model is stuffed, and the new model hasn't ...

CFS launches low cost geared index options

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... option borrows to invest in a diversified basket of Australian listed companies. It aims to outperform the S&P/ASX 100 Accumulation Index over rolling seven-year periods before fees and taxes. The CFS Wholesale Geared Index Global Share option aims to ...