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Showing 21 - 30 of 114 results for "Retirement income covenant"

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... strategy and proposition. The new hire will oversee retirement strategy and be responsible for meeting Retirement Income Covenant obligations, developing customer value propositions and thought leadership. Travis said developing the new role has provided ...

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... and delivery of superannuation retirement income solutions, extending beyond the obligations of the Retirement Income Covenant. The principles seek to help trustees gain a "detailed understanding" of their funds' membership, develop quality solutions ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... said. "Under our proposal, there should be criteria that covers funds' performance against the Retirement Income Covenant. Top-10 status should be granted only to funds that have a proven record of providing useful retirement advice and guidance ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... APRA to prepare a new pulse check report by the end of 2025 to assess trustees' progress under the Retirement Income Covenant. "These reforms will work in tandem with the government's Delivering Better Financial Outcomes package, and we'll ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... "Our follow up work to the 2023 joint APRA/ASIC thematic review into trustees' progress against the retirement income covenant indicates some advancements are being made, but not in tracking and measuring the success of trustees' retirement income strategies," ...

Moneysoft acquired by MUFG Pension & Market Services

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2024
... our offering to superannuation, particularly in the third-party advice channel, the challenges of the Retirement Income Covenant, and international growth opportunities." MUFG Pension & Market Services intends to integrate the Moneysoft technology into ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... change that allows superannuation funds to nudge their members is primarily linked to reforms under the Retirement Income Covenant (RIC) and related regulations that govern how superannuation funds can interact with, and provide advice to, their members," ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... includes housing." Levy said regulators have looked at what trustees are doing to try and comply with the retirement income covenant and those regulators are already concerned that it is not enough. "I worry about adding to that burden. These are trusts ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... will include working with ASIC to ensure superannuation trustees meet their requirements under the Retirement Income Covenant. In addition, APRA chair John Lonsdale said the regulator would be taking a close look at the relationship between banks and ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... might look like, instead making it available for members to use in line with the requirements of the Retirement Income Covenant. This entailed the introduction of trustee default retirement options, that align with member profiles, seeking to assist ...