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Showing 4021 - 4030 of 18263 results for "Plan"

Rice Warner hires former First State deputy chief

KANIKA SOOD  |  MONDAY, 23 NOV 2020
First State Super's former deputy chief executive Graeme Arnott is joining Rice Warner as a senior consultant, after leaving the super fund in July. Arnott will join Rice Warner's superannuation team in Sydney. His focus will be on client solutions ...

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG  |  MONDAY, 23 NOV 2020
It's quite a delicate balance - akin to the "will it, won't it" speculations on Fed policy decisions BC (before COVID) - but it appears that the dying days of 2020 swing between optimism and pessimism depending on which side of the bed financial ...

Confusion over retirement income objectives

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
A growing chorus of industry stakeholders agree that the retirement income system lacks a clear objective, but the comprehensive government review found the industry cannot agree on what that should be. The Retirement Income Review report found the ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The superannuation system encourages Australians to rely on their own savings to fund retirement but the burden on younger generations to fund the Age Pension should not become unsustainable, the Retirement Income Review has stated. The review noted ...

Macquarie to offer private market solutions

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... sophisticated investors due to a complex mix of legal and structural limitations, including large minimums, fees, retirement plan ineligibility, cumbersome tax reporting, cash drag, and gates, according to the firms. The partnership will aim to overcome ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The first comprehensive review of Australia's retirement system has acknowledged that affordable financial advice is what people need to navigate the retirement system. After the Royal Commission exposed deep flaws in Australia's financial advice ...

Sequoia reveals strategic plans

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
ASX-listed Sequoia Financial Group has revealed its plans to increase its adviser numbers and licensees to adjust to the shifting landscape of the financial advice industry. At its annual general meeting, Sequoia announced its strategic objective to ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Age Pension is a vital pillar of the retirement income system and provides most Australians with a minimum standard of living but a new approach is required to ensure retirees that rent reach this goal. The long-awaited Retirement Income Review ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... outcomes. In addition to the $1 billion add-on, APRA gave CBA an enforceable undertaking which required a remedial action plan with an independent reviewer to check the progress. The corporate regulator said the latest report from independent reviewer ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... working-life income by 2%. Australians will retire with 12% to 18% thinner final balances if the government sticks with its plan to increase superannuation guarantee from current 9.5% to the planned 12%, the report says. Its modelling found lower-income ...