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Showing 361 - 370 of 641 results for "Income Stream"

Policies can adjust super tax concessions: ASFA

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
... (SMSF) members in the pension phase with balances in excess of $2 million received around $5.2 billion in tax-free income stream payments, or an average of around $216,000. This is compared with the 232,000 SMSF members with balances of less than $1 ...

Defensive pension pots just won't last

STAFF WRITER  |  WEDNESDAY, 25 MAR 2015
... difficult. We have said for some time now that the industry needs to develop products which deliver a regular and stable income stream, provide longevity risk management and are flexible enough to deal with unexpected events. However at present, the ...

New ASFA course focuses on post-retirement

STAFF WRITER  |  MONDAY, 16 MAR 2015
... industry with the knowledge it needs to help guide fund members. It will also help spur innovation in the retirement income stream product market, by providing developers with a sound basis as to what this growing pool of retirees need and want from ...

AFA and PFL award Australia's top insurers

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... Overall Annuity Provider of the Year was Challenger. Finalists were CommInsure and BT Financial Group. Long Term Income Stream winner was Challenger. Finalist was CommInsure. Annuity & Income Stream Innovation Award was Challenger's Annuities on Platforms ...

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
... achieved in terms of retirees acting responsibly with 93% in the draw-down phase opting to take their savings via an income stream." Similarly, Challenger chief executive Brian Benari said that "we need to urgently level the taxation playing field to ...

European insurers attract dividend seekers

ALEX DUNNIN  |  WEDNESDAY, 4 MAR 2015
Low European interest rates pushing investors to find higher yielding stocks is encouraging them to reconsider the insurance sector. An investment briefing released by Amundi Asset Management said the insurance sector, after strong focus on derisking ...

FSI proposal to ban LRBAs "draconian"

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
The Financial System Inquiry (FSI)'s recommendation to ban limited recourse borrowing arrangements (LRBAs) is "a draconian move that we need to reflect on," the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "LRBAs ...

SMSF sector enters next phase

LAURA MILLAN  |  MONDAY, 9 FEB 2015
The self-managed super fund (SMSF) sector is entering the stage of maturity as benefit payments surpass contributions for the first time. This industry tipping point was confirmed with the recent release of the Australian Taxation Office (ATO) statistical ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

Solve super tax inequity, says Murray

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
The upcoming tax white paper must redesign the taxation of superannuation so that it no longer disproportionately favours wealthy people, according to the Financial System Inquiry final report. The white paper, which is due to be drawn up next year ...