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Showing 451 - 460 of 1412 results for "retirement income"

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations on the Retirement Income Review (RIR) and noted that while the superannuation is system is well-designed it has concerns about the fairness of ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
... liquidity which is being deployed into higher-yielding assets. "We continue to be the number one provider of secure retirement income streams in Australia and have benefited from our strategy of diversifying into institutional and overseas markets," ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... was underlined for many during COVID-19. Good quality, affordable financial advice was also recognised in the Retirement Income Review as being an important way Australians could maximise their income in retirement." After consulting members and in response ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... 30-year-old female would need to work an extra eight years or have $150,000 less at retirement. "The government's Retirement Income Review did not model the impacts to the Federal Budget or the retirement adequacy impacts of the three million Australians ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... David Orford's Optimum Pensions has signed a five-year exclusive agreement with Generation Life to bring its retirement income product to the market. Generation Life will manufacture, administer, market and distribute an investment-linked pension ...

Fidelity enters UK advice market

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... currently has five advisers who specialise in offering safeguarded benefit transfer, lifetime allowance and retirement income advice supported by four pension transfer specialists. A further six advisers will be joining in January who will focus on investment ...

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
"Just when you thought it was safe to go back in the water." - Jaws About this time last year, the world was alerted - but only mildly alarmed - at yet another SARS-like disease spreading in Wuhan, China (the first confirmed case reported on December ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... probe new longevity risk products for retiree members, which could include tweaking account-based pensions. Retirement Income Review revealed Treasury kept us waiting for months before dropping the more than 600-page long Retirement Income Review. The ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... gig economy workers are more likely to be reliant on the government-funded Age Pension scheme to fund their retirement income." The Actuaries Institute called for more data to be collected to adequately address this and other issues facing gig economy ...