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Showing 391 - 400 of 3867 results for "Pension"

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
AustralianSuper copped the highest number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... concessions for the top 10% of earners and those whose high super balances do not meet the asset criteria for the part pension. The report found that super tax concessions cost $54.56 billion in foregone revenue during 2022-23, and disproportionately ...

Equip Super to introduce retirement specialists

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... determined that Australians wanted direct, personal contact from their funds to better understand retirement options and pension products both during the transition to retirement but within retirement as well. "We are enhancing and repositioning our ...

NZ Super Fund names acting chief investment officer

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... officer Stephen Gilmore leaves the fund this month to take up the role of chief investment officer at CalPERS, the largest pension plan in the US. Gilmore said he was appreciative of his time with the fund and looks forward to celebrating its future ...

AMP North launches new tool

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... documents. "Together with North's newly launched 'Recontribution Wizard', advisers on North can now transfer from super or pension to IDPS and back to super in one workflow for eligible accounts," AMP said. This tool helps advisers manage recontributions ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... savings, Ashenden said it's important to assess whether retirees are entitled to any government support, such as the Age Pension or concession cards that give access to more affordable healthcare and medicines. Government initiatives such as the Commonwealth ...

HESTA pushes for expediated advice reforms

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... reforms can better support super funds like HESTA to provide more holistic financial advice, which considers a couple's Age Pension eligibility and financial position, including assets held outside of super," Blakey said. "Our members often need advice ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... was also a strategic and enforcement priority for the regulator. She said with six million Australians are already at pension drawdown age, and with a large number still to come, super funds need to deliver good service. "We need super fund trustees ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... These included providing financial tools and education to help with retirement decisions, guidance navigating the age pension and aged care options, assistance optimising drawdown rates, providing lifetime income products that give members the confidence ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... Australian Taxation Office's (ATO) delay in acknowledging a downsizer contribution, the pros and cons of reversionary pension nominations versus binding death benefit nominations for retail account-based pensions, and the need for more innovation ...