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Showing 311 - 320 of 649 results for "Income Stream"

PIMCO Income fund launched in Australia

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
... yield is hard to come by. This fund takes a prudent approach to pursuing a relatively high and sustainable monthly income stream with limited volatility, and is an attractive addition to our existing range of solutions, particularly those planning for ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... and was aimed to look over the regulatory barriers restricting availability of relevant and appropriate retirement income stream products in the Australian market. It was also asked to review the minimum annual drawdown amounts for account-based superannuation ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
A higher than expected number of changes to superannuation delivered in the 2016 federal budget will keep financial advisers on their toes, as they work to update financial plans in line with the changes. From 1 July 2017, the tax exempt status of income ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... "particularly those who pay the top rate of income tax." Morrison said a balance of $1.6 million can support an income stream in retirement around four times the level of the single Age Pension. ISA chief economist Stephen Anthony said the 2016 budget ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The Federal Government has made several budget announcements around its reaffirmation of enshrining the objective of superannuation in law, including taxing the earnings of Transition to Retirement Income Streams. A joint statement from Treasurer Scott ...

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
Challenger's annuity business has continued its charge with sales of $575 million in the quarter ending March 31. The figure represents a 29% on the same period last year and included strong growth in both term annuities (up 22%) and lifetime annuities ...

Australians pessimistic about retirement lifestyle

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... said Turnbull. "The two key things that pre-retirees want in managing their retirement savings are a guaranteed income stream and to meet their desired lifestyle, so annuities providers, funds and financial advisers need to find ways to talk to members ...

Actuaries call for objectives across retirement system

DARREN SNYDER  |  FRIDAY, 8 APR 2016
... and 22% for most people. Establish a limit on tax concessions on investment earnings supporting a superannuation income stream (investment earnings on amount above $2.5 million to continue to be taxed at 15%). Remove regulatory barriers on the development ...

SMSFA calls for concessional caps flexibility

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
The SMSF Association has called for changes to concessional caps to allow Australians to carry forward unused concessional contribution cap amounts and contribute to their superannuation when their circumstances allow. In its 2016 Budget submission ...

Lump sum withdrawals to fall to 4% by 2025: Rice Warner

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... super and fall back on a full Age Pension. Used to support its 2016 pre-budget submission, the Colonial First State Income Stream Index research by Rice Warner and CFS found that 83% of the value of all retirement benefits were invested in superannuation ...