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Showing 31 - 40 of 49 results for "CIPRs"

Default retirement products not good enough: Milliman

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... management and retirement experts Milliman, with consultant Jeff Gebler saying that default options won't be good enough with CIPRs. "While a 'safe harbour' is proposed to protect trustees from claims that a CIPR was not in the best interest of an individual ...

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
... development of these new products is a precursor to the development of comprehensive income stream products for retirement, or CIPRs." The new tax exemptions will allow for deferred products to be included as a superannuation income stream, as the current ...

Super consolidation imminent: research

KARREN VERGARA  |  FRIDAY, 24 FEB 2017
... will find themselves unable to compete effectively as this continues, and the upcoming framework for retirement products (CIPRs) will likely exacerbate the divide." By scaling, funds "can provide additional member services without increasing charges ...

The era of the retirement consultant

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2017
... further underscored by incoming legislative reforms and the introduction of Comprehensive Income Products for Retirement (CIPRs). He believes this shift makes the nature of advice provided must now be more complex, as the purpose of super being to provide ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... Products for Retirement become MyRetirement products. Releasing a Treasury consultation paper on the development framework for CIPRs, Government Minister Kelly O'Dwyer said MyRetirement products offer a more consumer-friendly and meaningful name. A MyRetirement ...

CIPR discussion paper by year's end

DARREN SNYDER  |  WEDNESDAY, 14 SEP 2016
... that they think would be appropriate for their members as a whole," Wilkinson said. Debunking a few myths, Wilkinson said CIPRs are not intended to encourage annuities over other products; are not intended to compel individuals to take up a longevity ...

Super needs to pick up its retirement game

DARREN SNYDER  |  MONDAY, 30 MAY 2016
... are letting them down." Howes said recent government announcements including comprehensive income products for retirement (CIPRs) and changing the tax treatment of deferred annuities were encouraging for product development. She added there's a need ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... that a significant factor in this was annuity sales driven by interest in Comprehensive Income Products for Retirement (CIPRs) as recommended via the Financial System Inquiry. "Following through with legislation will embed retirement income as the foundation ...

Parametric knows what keeps super trustees sleepless

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
... research also indicated a defensive equity approach would be an ideal addition to comprehensive income products for retirement (CIPRs). Both simulated and actual results of this approach, which Parametric manages over both MSCI ACWI and S&P 500 equity ...

UniSuper develops retirement product

LAURA MILLAN  |  THURSDAY, 10 DEC 2015
... Financial System Inquiry (FSI), which was supportive of the recommendation calling on the superannuation industry to develop CIPRs to improve outcomes for retirees. FlexiChoice has been developed in close consultation with members, universities and unions. ...