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Showing 371 - 380 of 1378 results for "Retirement Income"

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The government has passed legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. Treasury Laws Amendment (2021 Measure No. 6) Bill 2021 (Schedule 5) allows the ATO to share information when an individual ...

ABPs alone won't meet retirement income covenant: Knox

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Mercer's David Knox says super funds won't be able to meet the Retirement Income Covenant's requirements via account-based pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income ...

ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... such as claims handling. ASIC plans to focus on internal dispute resolution in superannuation and consult on retirement income calculators and projectors. "ASIC has an important role to play in promoting economic recovery and confidence in the financial ...

Older Australians overlooking age care costs

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... better information and greater simplicity in the financial requirements to help with planning. Challenger head of retirement income research Aaron Minney said: "Like other aspects of retirement planning, people find it hard and often confronting when ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... "Consumers' decisions about their superannuation are significant long-term financial decisions affecting their retirement income. Financial institutions seeking to influence those decisions by providing financial product advice, must comply with ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... (based on current Age Pension and means testing rules) to be the most appropriate rate, which is a contrast to Retirement Income Review's view of current SG rate being sufficient for most Australians and any increases depressing wages. The paper ...

World Pension Alliance condemns COVID early release

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... to extend COVID pension withdrawal schemes. "Unrestricted withdrawal of pension savings intended to provide retirement income without repayment will undermine the retirement security those funds are intended to provide," Scheerlinck said. "This will ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... suite, which is another key focus for the funds, particularly following the release of the government's Retirement Income Covenant position paper earlier this month. "It's one of our key priorities to look at what we can do better in that space... ...

SMSFA adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
The SMSF Association has welcomed back its former director following the completion of the Retirement Income Review and appointed BT's head of financial literacy & advocacy to its board. Deborah Ralston and Bryan Ashenden have been appointed as non-executive ...

Retirement Income Covenant paper released

KANIKA SOOD  |  TUESDAY, 20 JUL 2021
The government has released a position paper on the Retirement Income Covenant and is inviting submissions until August 6. Subject to the legislation passing, the government plans to have the covenant come into effect in July 2022. The new paper, released ...