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Showing 371 - 380 of 676 results for "Lifetime"

CFS adds aged care annuity to FirstChoice

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
... Challenger annuities on the platform in 2015. The CarePlus annuity is an aged care solution that combines the benefits of a lifetime annuity with life risk insurance. The annuity is designed to provide an income stream to help meet the costs of aged ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
... opposition plans to amend some of the biggest changes to super in a decade. Opposition Leader Bill Shorten wants the $500,000 lifetime cap on non-concessional super contributions to apply from Budget night 2016 (May 3), not 2007 as proposed by the coalition ...

Treasurer flags super cap exemptions

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
... business itself," Morrison said. "Up to $1.4 million could be added into your superannuation and not be included in the lifetime cap. So, you would have that plus the lifetime cap of $500,000 which gets you to $1.9 million." Morrison said the government's ...

Super changes to widen super gender gap: IOOF

KERRIE SYDEE  |  FRIDAY, 5 AUG 2016
... 2016 budget there have been countless objections to the changes such as the retrospective provisions of the $500,000 lifetime cap and the $1.6 million cap on pension assets, but Roberts notes no one has noticed the elephant in the room, and that elephant ...

Australians overconfident when it comes to income risk

KERRIE SYDEE  |  FRIDAY, 5 AUG 2016
... income earner, with 38% of respondents believing there was a less than 10% chance of this happening to them in their lifetime. Chief executive life and investment at Zurich Australia, Tim Bailey, said the income protection gap between Australia and other ...

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
... consider open-ending the fund; and high management fees despite underperformance. The LIM letter explained: "Over its lifetime, AGF has underperformed its benchmark, and no performance fee has been paid. In 2015, there was a spectacular bull market followed ...

Strong leadership at the heart of adaptive change

KERRIE SYDEE  |  MONDAY, 18 JUL 2016
... be at the table and this adviser's purpose would be to know the client deeply and to serve them throughout their whole lifetime. "This adviser couldn't be a person, I realised that this adviser had to be the business itself. It sparked the belief that ...

Industry leaders in sales and marketing recognised at MAX Awards

MARK SMITH  |  FRIDAY, 24 JUN 2016
... financial services) Magellan Global Equities Fund ETF (ASX:MGE) Finalists iShares Global High Yield Bond (hedged) Mercer Lifetime Plus QSuper Lifetime Sunsuper TPD Assist Financial Services App of the Year JP Morgan Asset Management - Market Insights ...

Unintended consequences unearthed in super changes

MARK SMITH  |  FRIDAY, 10 JUN 2016
... accumulation account. Under the new rules the earnings from the $600,000 will be taxed 15% more heavily than if there was no lifetime cap and able to exist in the pension environment. Assuming a return of 5%, this would mean that the rule change leaves ...

Lack of ownership costing Australians in retirement

KERRIE SYDEE  |  TUESDAY, 7 JUN 2016