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Showing 11 - 20 of 100 results for "Retirement Income Stream"

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... of Advice reforms. Blakey said the expansion of intra-fund advice to include Transition to Retirement, Retirement Income Stream, household view, age pension, and implementation would help provide more Australians access to the benefits of financial advice ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... It will help to ensure super stays strong and secure - and continues to deliver a financially secure retirement income stream for millions of everyday Australian retirees," Schubert said. "An agreed objective of super in law supports more stable, effective ...

SMSF Association announces board director changes

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
Following the retirement of three board directors, the SMSF Association (SMSFA) has announced their successors. The SMSFA has welcomed Heffron managing director Meg Heffron, Vincent director of superannuation advisory Brett Griffiths and Matrix Norwest ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... moderately high returns of 3.25% above the rate of inflation or 3.75% above the rate of inflation on for retirement income stream accounts. It has a minimum investment timeframe of 10 years for members who "are prepared to accept a high amount of volatility ...

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
Australia no longer has the top ranking retirement system in Asia Pacific and has also slid down the ranks globally, with experts saying it's the result of a lack of focus. According to the 16 th annual Mercer CFA Institute Global Pension Index ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... balances of $500,000, according to SuperRatings, while the mean sits at $4600 p.a. ESSSuper said its Retirement Income Stream account will charge $3400 p.a. based on this balance, which is still ahead of most super funds. ESSSuper recently launched the ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... moderately high returns of 3.25% above the rate of inflation or 3.75% above the rate of inflation for retirement income stream accounts. For example, if the consumer price index (CPI) averages 3% p.a. year over 10 years, the option aims for an average ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Financial advisers are focused on helping their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... 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 the necessity ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information, supported by Plan for Life research, found the products are currently far too expensive ...