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Showing 381 - 390 of 676 results for "Lifetime"

More winners than losers in super budget measures: ASFA

ALEX BURKE  |  FRIDAY, 3 JUN 2016
... worse off with the $1.6 million transfer cap, "up to 500,000" by the $25,000 concessional contribution cap, 80,000 by the lifetime non-concessional cap, roughly 550,000 by the TTR changes and 20,000 annually by the anti-detriment abolition. Overall ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... products such as deferred life time annuities from 1 July 2017. This will enable retirees to buy products, such as deferred lifetime annuities that they can rely on for a particular level of income for the rest of their life. These will be of particular ...

Energy Super to offer Mercer LifetimePlus

MARK SMITH  |  MONDAY, 23 MAY 2016
Energy Super will offer Mercer's retirement income product, LifetimePlus, to its members through an account-based pension from 1 July. The industry super fund said the move allows members to keep their super in the fund without altering their investment ...

ANZ rings in insurance updates

DARREN SNYDER  |  MONDAY, 23 MAY 2016
... to look to see if they have appropriate level of cover. The discount is on offer until the end of the year but it is a lifetime discount," George said. ANZ Wealth is also launching a new direct suite of three insurance products. Replacing ANZ's several ...

Australia joining global retirement focus: Challenger

DARREN SNYDER  |  FRIDAY, 20 MAY 2016
... second reform that will allow for a broader range of retirement income products. "Among these products will be deferred lifetime annuities which are, effectively, insurance. Retirees would purchase them, probably through a number of regular premiums ...

Govt underestimates SMSF Budget impact: BGL

MARK SMITH  |  MONDAY, 16 MAY 2016
... will affect at least 24% of SMSFs (ie 136,000 SMSFs with 256,000 members at 30 September 15). Turning to the proposed lifetime cap of $500,000 on non-concessional contributions, BGL said that, apart from being virtually impossible to accurately calculate ...

PROFILE: Mercer senior partner David Knox

DARREN SNYDER  |  MONDAY, 16 MAY 2016
... outcomes and innovative work through projects such as the Melbourne Mercer Global Pension Index and products such as Mercer Lifetime Plus. Although Knox is reluctant to point to one project or product that he favours, Lifetime Plus provided much excitement ...

Super needs calm after budget shake-up: Vamos

DARREN SNYDER  |  FRIDAY, 13 MAY 2016
... includes the $1.6 million transfer cap, the $25,000 concessional contribution cap and lower Division 293 tax threshold, the lifetime non-concessional cap, transition to retirement tax changes and the abolition of anti-detriment payments - will generate ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... "retrospective" and reaffirm Labor's election policy on the $2 trillion industry. On Tuesday the government announced a $500,000 lifetime cap will be applied to after-tax concessions on superannuation as part of the wider agenda to slow retirement savings ...

Advisers not impressed with budget changes

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
... their clients will be affected. The majority, 87.3% of respondents, said that they felt negative towards the proposed lifetime cap for non-concessional contributions of $500,000 and a further 86.4% said they felt negative toward the proposed lowering ...