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Showing 291 - 300 of 676 results for "Lifetime"

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... services Andrew Lowe spoke of how new means testing rules applicable from July 1 would affect the assessment of pooled lifetime income streams purchased thereafter. Consensus emerged that advisers need to be kept informed of which products attract means ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... provider of the year, the long term income stream award and the annuity and income stream innovation award for its deferred lifetime annuity. Zurich was recognised for its service capabilities, winning the service quality award, while AIA's Priority ...

Amendments to retirement income law assent

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... the development of CIPRs. According to the bill's explanatory memorandum, the changes will amend the current rules for lifetime income streams to create fairer, more equitable means test outcomes. Under the new rules: - 60% of annual payments will be ...

Working women more likely to experience mental illness

HARRISON WORLEY  |  FRIDAY, 8 MAR 2019
... Latest insights from SuperFriend show working women are much more likely to experience a mental health condition in their lifetime than their male counterparts. According to SuperFriend, almost a quarter of all working Australian women are experiencing ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
Kenneth Hayne's recommendation that every Australian have only one default superannuation account over their lifetime doesn't get a complete green tick from industry funds. Visiting Sydney yesterday, Industry Super Australia chief executive Bernie Dean ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Sticking to a bad super fund could leave the average Australian worker more than $500,000 poorer over their lifetime, latest research from SelectingSuper found. The research considered an average employee's salary, fees and contributions over 45 ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... by a succession of governments time and time again; a common message from governments being that our pensions last a lifetime, they are very generous and we should be grateful for these things," Illidge writes in the submission. While the pensions do ...

BlackRock and Microsoft develop retirement platform

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
... products" the firm will design and manage. BlackRock said its new products would be designed to provide US workers with a lifetime of income in retirement. The firm said the new products would be accessible through the employer workplace savings plans ...

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
... to stimulate industry development of post-retirement products. David Orford's firm Optimum Pensions is launching a lifetime annuity with an insurer taking on the longevity risk developed as a CIPR.

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Bill 2018 proposes three main measures to lifetime income streams, the work bonus and pension loans scheme. The Bill is proposing a new means test rules ahead of a wider ...