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Showing 21 - 30 of 40 results for "deferred lifetime annuities"

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... areas: the regulation of superannuation income streams; specific impediments to the development of deferred lifetime annuities (DLAs); and proposed changes to the minimum drawdown rules. In the first section, the paper asks for feedback on what sort ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... encourage the take-up of income streams; and amending laws to make it easier to offer products such as deferred lifetime annuities.

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... introducing legislation to allow for more retirement product innovation. It considered the benefits of deferred lifetime annuities, group self-annuitisation, and the possibility of the government issuing its own longevity insurance products. Regarding ...

Bring on compulsory annuities, says Deloitte partner

JAMES FERNYHOUGH  |  WEDNESDAY, 28 MAY 2014
The government should introduce compulsory deferred lifetime annuities as a way of insuring against longevity risk, Deloitte's lead superannuation advisory partner Russell Mason has said. Speaking about the future of superannuation at Russell Investments' ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... Challenger - focused on the need to remove regulatory impediments to the development of products such as deferred lifetime annuities. ASFA chief executive Pauline Vamos, for example, said: "Creating a more favourable environment, and removing the taxation ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... market does badly. According to Moshe A. Milevsky of York University, Toronto, while lifetime and deferred lifetime annuities (DLAs) solve the problem of longevity risk, they are "bloody expensive." His solution is the 'return contingent life annuity'. ...

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... government has delayed it). The other is developing products that insure against longevity risk, such as deferred lifetime annuities. ASFA's emphasis on annuities and longevity risk products is in line with the OECD's recommendations. For the full story ...

Challenger reports record annuities sales

JAMES FERNYHOUGH  |  TUESDAY, 18 FEB 2014
... forward, Benari focused on the government's planned review of retirement income, including the role of deferred lifetime annuities (DLAs). He said Challenger would recommend that the government extend the more favourable tax regime on DLAs to the accumulation ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... working. In its pre-budget submission to Treasury, the Actuaries Institute also recommended bringing deferred lifetime annuities under the same tax regime as other post-retirement income products. The submission referred to Assistant Treasurer Arthur ...

ASFA calls for clarity on retirement income review

JAMES FERNYHOUGH  |  WEDNESDAY, 5 FEB 2014
... of reference for its review of retirement income stream regulations, including the tax treatment of deferred lifetime annuities (DLAs). In December last year, the minister responsible for financial services and superannuation, Arthur Sinodinos, said ...