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Showing 11 - 20 of 199 results for "Longevity risk"

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... of the Retirement Income Covenant. This is to help combat investment and sequencing risks, inflation risk, and longevity risk. This "well-rounded product (or portfolio of products)" can assist members managing these risks and complement achieving the ...

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA  |  THURSDAY, 30 NOV 2023
Longevity risk, a greying population, and the proliferation of retirement income products are forcing financial advisers to be better equipped in navigating a landscape that is becoming increasingly more complex, an industry expert says. Optimum Pensions ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... 'under retire' and unnecessarily reduce their quality of life," Hamilton said. "Leveraging our expertise in managing longevity risk, CSC can now offer their customers a solution that will provide guaranteed income in retirement, and the confidence to ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... this, which will help them manage their cash flow and give them access to advice and start to help them manage longevity risk," she said. Just yesterday, assistant treasurer Stephen Jones stressed that, in anticipation of the millions preparing for retirement ...

Longevity risk is big super's biggest failure: Podcast

CASSANDRA BALDINI  |  MONDAY, 28 AUG 2023
... latest episode of the Financial Standard podcast, KPMG superannuation advisory partner Melinda Howes highlights longevity risk as the primary aspect where Australia's retirement income system falls short. Expanding on this, she noted that a significant ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... relationship and highlights the depth of Challenger's institutional capability and strength of our investment and longevity risk solutions." He added that the transaction further reinforces the breadth of retirement income needs that Challenger can ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... pleased to contribute my knowledge and expertise in supporting the development of innovative solutions that tackle longevity risk and enable more Australians to enjoy a dignified retirement." The new appointees will join former PwC partner David Coogan ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... conducted in the US which saw advisers pick inflation risk as the biggest threat to retirees over market volatility and longevity risk. "... a result highly likely to be replicated in Australia," it said. Further, the report found retirees who experienced ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... Allianz Retire+ launched the Allianz Guaranteed Income for Life (AGILE), a retirement product aiming to address longevity risk. AGILE was designed to be integrated into super funds and account-based pensions, it is also serves as a conduit for financial ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... partner Melinda Howes commented: "There is now a critical mass of retirees with a common unmet need - dealing with longevity risk and achieving a certain income for life. APRA requires that by the end of June trustees will have undertaken an assessment ...