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Showing 461 - 470 of 1378 results for "Retirement Income"

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... building role of superannuation," said ASFA chief executive Martin Fahy. "In the absence of the release of the Retirement Income Review and the lack of specificity in the Budget papers, it is unclear how the changes will work in practice or what the ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... members' best interests. The budget did not go into details on this. What is missing or delayed: ERS extension, Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... appropriateness of insurance strategies or if insurance fees charged in relation to the product inappropriately erode the retirement income of beneficiaries, Rowell said. Several trustees didn't appear to have considered the appropriateness of their ...

Hostplus awards mandate

ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
... to Flexstone shows the Fund's genuine and ongoing interest in private markets to meet the investment and retirement income needs of its members." "We're very happy to partner with Hostplus in this new investment, and to facilitate a great working ...

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... insurance strategies provide strong protection against downside equity risk in financing a minimum level of retirement income. "The target annuitisation fund offers a solution to connecting pre-retirement investment to post-retirement consumption," Xu ...

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... superannuation fund is raising the bar on managing longevity risk and taking the initiative to get ahead of the retirement income review gridlock. Chris Drew, the investment manager for public markets at the Australian Catholic Superannuation and Retirement ...

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... current 9.5% compulsory contribution rate, Australia's superannuation system is already an unbelievably expensive retirement income system. The super industry employs 55,000 people and costs $34 billion in fees each year to deliver only $40 billion in ...

CFS super distribution lead joins Allianz Retire+

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... Allianz Retire+, effective this month. In this role, he will work with superannuation funds on enhancing their retirement income offerings to members. Allianz Retire+ chief executive Matt Rady said the appointment underpins growing interest in the business' ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
Australia's superannuation system continues to produce grossly inequitable outcomes between the financial security of Australian men and women in retirement, according to research from Per Capita. The research, titled The Herstory of Superannuation ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...