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Showing 431 - 440 of 1378 results for "Retirement Income"

RIR reveals bleak financial upside for disabled people

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
The Retirement Income Review has revealed disabled people are less likely to be in financial stress and poverty when retiring on the age pension alone than in their working lives - demonstrating the struggle a lot of disabled people have making ends ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... and several law firms, alleges that the firm's 401(k) pension plan breached its duties under the Employee Retirement Income Security Act, such as its obligation to ensure expenses incurred are fair and reasonable. All the investments and asset allocations ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... long way to go before launching. He did not divulge any details other than it "is looking quite promising." The Retirement Income Review found that a large gap exists in providing members advice and assistance in making better informed decisions in retirement ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... also means buyers who are currently saving can get more bang for their buck," he said. This comes after the Retirement Income Review found homeowners are given preferential treatment in retirement, and those who own their home are likely to have a come ...

Home ownership shouldn't be at expense of super

ELIZA BAVIN  |  FRIDAY, 27 NOV 2020
... market would be a better approach than using superannuation for a housing deposit, according to the chair of retirement income at Challenger, Jeremy Cooper. Speaking at the virtual ASFA Conference, Retirement Income Review Analysed, Cooper said that ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

Franking credits more important than ever

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... have served to prove the importance of franking credits for retirees. "As an investment firm specialising in retirement income, we campaigned against moves to abolish franking credits at the last federal election, now we see why they're so important ...

Retirement costs keep rising: ASFA

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... (SG) should be increased from 9.5% to 12% as legislated. This comes in the wake of the government releasing the Retirement Income Review which did not indicate increasing the SG is as necessary as associations like ASFA believe. "Over the year to September ...

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 ...

Which longevity product yields the highest income?

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
The report modelled average annual retirement income from three types of longevity products for retirement income. Here's what came out on top. It found allocating 100% of retirement assets to a group self-annuity starting at 67 would yield the best ...