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Showing 11 - 20 of 366 results for %22Retirement Income Stream%22

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... success of the accumulation phase. The consultation discusses three key areas: Helping members navigate the retirement income system, supporting funds to deliver better retirement income products and services, and making lifetime income products more ...

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... balance, Miller said. Separately, members can now transfer Direct Access investments from accumulation to a retirement income stream account without the need to selldown or repurchase shares and exchange-traded funds (ETF) investments. This excludes ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... fund, particularly given it is the first profit-to-member guaranteed lifetime income stream to launch under the Retirement Income Covenant. "This innovative partnership has enabled TelstraSuper to offer its own CPI and market linked lifetime income streams ...

Alternative assets are the way forward: Forum

CASSANDRA BALDINI  |  THURSDAY, 26 OCT 2023
... investments, says abrdn investment director Raf Choudhury. Choudhury told the Financial Standard Best Practice Forum on Retirement Income in Melbourne today that when it comes to portfolio construction, it's useful to use a broader set of investments ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... retirement system has received a B+ grade in a study of nearly 50 nations, with the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth, coming in behind ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... unveiled its Group Retirement Solutions capability, enabling superannuation funds to scale and deliver tailored retirement income solutions. The retirement solutions provider said its new capability addresses guaranteed income innovations and full technology ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail market jumped 53% to $3.6 billion in FY23, split across retail term ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
A joint regulatory review finds that superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... assumptions that his proposed changes, based on the Quality of Review recommendations, will strictly apply to those wanting retirement advice. "If all I wanted to do was fiddle around with or clarify the definition of intra-fund advice, we would have ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... that's top tier when ranked against our peers." Of the industry funds that have reported results thus far, Australian Retirement Trust takes the lead with a 10% return, while Cbus and AustralianSuper trail with 8.95% and 8.22% respectively. To put ...