Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 341 - 350 of 1378 results for "Retirement Income"

Vale Tom McDonald

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
... retired, some now in the workforce, and some who will in the future be in the workforce, would not have a decent retirement income." McDonald is survived by his wife Audrey, his family and loved ones. Cbus extended its sympathies.

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... women, if we don't fix this inequity local mums will have to pay the price for decades to come." Likewise, a 2020 retirement income review found that paying the super guarantee on employer paid parental leave and the government's Parental Leave Pay could ...

CareSuper appoints new chair

JAMIE WILLIAMSON  |  THURSDAY, 7 APR 2022
A new chair and deputy chair have been named at CareSuper. Linda Scott has been appointed chair of CareSuper, effective this month. She has served as deputy chair for the last two years. Scott takes over from Terry Wetherall who served as chair since ...

Funds need retirement income strategy by July

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
Writing to super fund trustees, ASIC and APRA have confirmed that under the Retirement Income Covenant funds will need a strategy in place by July 2022. Outlining the timeline for implementing the covenant, ASIC and APRA said by 1 July 2022 funds are ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... consultation attempting to calculate exactly how much Australians need to retire in comfort. One of the findings of the Retirement Income Review was that retirees do not confidently spend their retirement savings due to the fear of running out of money ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside the Retirement Income Covenant and the Corporate Collective Investment Vehicles regime. From 1 July 2022, all employers must pay superannuation ...

Advisers can step up to retirement planning boom

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
With the passing of the Retirement Income Covenant, there has never been a better time for advisers to position themselves as retirement advice specialists. This is according to SuperEd chair Jeremy Duffield, who predicts that retirement planning will ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... the best financial interests of beneficiaries, APRA said, with a new standard expected in 2023. In terms of retirement income, APRA said it intends to support the implementation of the Retirement Income Covenant, with changes to the prudential framework ...

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
A former Commonwealth Superannuation Scheme and APRA executive has developed a 'smart default' fund which he claims could boost retirement balances by more than 35%. Douglas Bucknell, founder and chief executive of Tailored Superannuation Solutions ...