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Showing 21 - 30 of 47 results for "Retirement income streams"

Next wave of super legislation rolls in

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
... products to provide more choice and flexibility for retirees; Attempts to ensure that transition to retirement income streams are accessed for the purpose for which they were designed and not for tax minimisation; Abolishes the out-dated anti-detriment ...

FPA National Roadshow emphasises value of advice

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
... Presented by roadshow partner Challenger, the second half of the event focuses on changes affecting retirement income streams and planning and the role retirement advice can play in building a stronger practice. "Ultimately, we want to help financial ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to the development of ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... of enshrining the objective of superannuation in law, including taxing the earnings of Transition to Retirement Income Streams. A joint statement from Treasurer Scott Morrison and Assistant Treasurer Kelly O'Dwyer says the objective of superannuation ...

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
... challenge. "It's also the first logical step in an expected series of reforms, including a review of retirement income streams regulation and the development of Comprehensive Income Products for Retirement." Challenger's total group assets and funds ...

SMSFs welcome no dumping of LRBAs

DARREN SNYDER  |  SUNDAY, 8 NOV 2015
... their retirement. A framework is to be developed in conjunction with the Tax White Paper process and the Retirement Income Streams review," Slattery said. Other benefits for the SMSFs in the government's response include a decision not to proceed with ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
... measures: By end-2015: Develop legislation to improve governance and transparency in super. Progress the Retirement Income Streams Review. Task the Productivity Commission to immediately develop and release criteria to assess the efficiency and competitiveness ...

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
... imputation over both the accumulation and retirement stages leads to an approximate 13% increase in retirement income streams," Vamos said. "For a worker on an average income this equates to $4000 more in retirement per annum. Even with the benefit of ...

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
... Vamos said. In its submission ASFA also says the biggest gap in the current system is the design of retirement income streams and the lack of a suitable range of products flexible enough to meet the varying and growing needs of Australia's retirees. ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
... superannuation is achieving most of its objectives: "the system is on track to deliver for average Australians retirement income streams equivalent to 75% of retirees' pre-retirement income". Reinforcing this, the proportion of retirees drawing the full ...