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Showing 391 - 400 of 641 results for "Income Stream"

Default pensions 'very logical' solution: Brogden

JAMES FERNYHOUGH  |  THURSDAY, 31 JUL 2014
A MySuper-style default retirement product could be "a very logical" way to encourage retirees to take income streams rather than lump sums, according to Financial Services Council (FSC) chief executive John Brogden. Brogden's comments came in response ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... in the paper can be implemented via regulatory change. However, the bigger decisions - such as whether taking an income stream should be mandatory or there should be an opt-out default option akin to MySuper - may take longer. Questions such as compulsory ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
The chief executive of a British pension fund industry body has dubbed the UK government's decision to scrap compulsory annuitisation as 'political schizophrenia'. The comments came on the same day the Financial System Inquiry floated the possibility ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
In its interim report released today the Financial System Inquiry (FSI) has suggested that the vertically integrated structures may be reducing the quality of financial advice that consumers receive. The FSI has asked stakeholders to consider different ...

Zenith launches range of retirement portfolios

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
... retirement investment portfolios which cater to a range of risk appetites and have options for an annuity-style income stream. The six portfolios are designed to maximise income and age pension entitlements, protect capital and reduce investment risk ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income, but has been sidetracked by a disproportionate emphasis on wealth accumulation according to a key government official. Speaking at this morning's annual policy conference ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income but has been sidetracked by a disproportionate emphasis on wealth accumulation. Speaking at this morning's annual policy conference for the Committee for Economic ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
With longevity, inflation and market risk remaining critical for many Australians, Laura Millan looks at how advisers and product providers can join forces to come up with the best strategies to meet retirees needs. Treasurer Joe Hockey's 2014-15 budget ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... Pension eligibility age. "We would encourage the government to consider policies that encourage people to take up income stream products in retirement, to help people manage their superannuation savings across their retirement years," ASFA chief executive ...

NGS Super lifts premiums for older members

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
... replacement payout is a preferred outcome both for members and insurers. "Insurers are much more comfortable with an income stream type of arrangement and being able to work with the person," he said. Overall, the new insurance deal is much more tailored ...