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Showing 221 - 230 of 676 results for "Lifetime"

Fidelity enters UK advice market

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... customer needs." Fidelity confirmed it currently has five advisers who specialise in offering safeguarded benefit transfer, lifetime allowance and retirement income advice supported by four pension transfer specialists. A further six advisers will be ...

CSC announces new partnership

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
... health support and suicide prevention is something that needs an immediate response because the ramifications can last a lifetime and in some cases it is a matter of life or death." He said it was important that support for mental health and suicide ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... $200,000 in super. "Removing the guarantee in the super guarantee to make it 'optional' is a recipe for higher taxes, lower lifetime incomes, and a red tape nightmare for business," ISA deputy chief executive Matthew Linden said. "The government should ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... appreciated by a minority of SMSFs affected. "[We]don't believe the TBC rules work effectively in situations where a lifetime or life expectancy complying pension is converted to a market-linked income stream and the commencement value of the market-linked ...

Qualitas readies new fund with GURNER

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
... said young people spending $40 a day on smashed avocado toast and coffees and not working will never own a home in their lifetime), said multifamily assets look like a great investment. "We had been watching the industry very closely over the past two ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
QSuper is building a new retirement product that guarantees a lifetime income, hoping to combat longevity risk and fears that retirees will run out of money. Chief executive Michael Pennisi told a recent member update that the product, while still in ...

Super tax structure less progressive: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... RIR found that those with higher annual incomes receive larger tax advantages on superannuation earnings. "Over their lifetime, cameo modelling shows higher-income earners receive more superannuation tax concessions than lower-income earners as a percentage ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced it will cease its investment in Ascalon Capital Managers, which it acquired after Westpac ...

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... CBA's platform is used by 9835 advisers and 1085 Australian financial services licence. It is followed by AMP Flexible Lifetime with 6.9% market share by advisers -- 6240 advisers use it across 780 AFSLs. The third name on the list is Perpetual's ...