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Showing 411 - 420 of 641 results for "Income Stream"

Government scraps Labor's annuities reforms

JAMES FERNYHOUGH  |  MONDAY, 16 DEC 2013
The government will not proceed with Labor's plan to grant tax concessions to retirement income derived from deferred lifetime annuities (DLAs). Under Labor's proposed legislation announced as part of the 2013-14 budget, DLA earnings would have received ...

Challenger acquires SMSF business

MARK SMITH  |  MONDAY, 16 DEC 2013
Challenger Limited has entered into an agreement to acquire self-managed superannuation fund (SMSF) actuarial certificate provider Bendzulla Actuarial. According to Challenger, Bendzulla has a market share of more than 50% serviced through relationships ...

Cbus launches default retirement income stream option

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
Cbus has launched a new default investment option aimed at providing an income stream for people transitioning into or already in retirement. The 'Conservative Growth' option aims to provide an after tax return of inflation plus 3.25% over a rolling ...

Half of all SMSF assets in retirement phase

MARK SMITH  |  WEDNESDAY, 13 NOV 2013
... Commonwealth and State governments in Australia would meet self-funded retiree demand for a low risk and stable income stream and provide a pool of medium to long term capital that could be used to fund infrastructure development," the report said. It ...

ISA and FSC at odds over super tax changes

JAMES FERNYHOUGH  |  WEDNESDAY, 6 NOV 2013
Industry Super Australia (ISA) has criticised the Government's intention to scrap Labor's plan to cap tax-exempt investment earnings through super, saying it will "sit uncomfortably" with low income earners. The previous administration had planned to ...

Zenith rates NSW Annuity Bonds 'recommended'

ALEX DUNNIN  |  MONDAY, 14 OCT 2013
... rated NSW Waratah Annuity Bonds - Series 7 'recommended'. The product is designed to provide a regular annuity style income stream over a defined nine year term via a debenture issued by the NSW Treasury Corporation, meaning it is effectively guaranteed ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
... Funds of Australia (ASFA) has called on the Government to reduce impediments to the provision of adequate retirement income stream products such as annuities. ASFA acting chief executive Ross Clare said now was an "opportune time to consider the positive ...

AMP to launch zero tax equities income fund

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013
... these days is long - on average 20 years plus - and inflation can make a real dent to your returns over time if your income stream isn't growing," AMP Capital co-head of fundamental Australian equities Michael Price said. One way of achieving this is ...

Whiteley and Brogden join forces to condemn CPA report

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The "accord" between the Industry Super Network (ISN) and the Financial Services Council (FSC) has seen its first practical manifestation in a joint response to CPA Australia's report into the superannuation system. The strongly-worded response, penned ...

Too much super diverted to pay personal debt: CPA report

ALEX DUNNIN  |  MONDAY, 26 AUG 2013
Australia's superannuation policy is at risk of failing unless laws are introduced to quarantine savings for actual retirement income streams, warns CPA Australia in a major new report released to coincide with the 2013 federal election. Alex Malley ...