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Showing 31 - 40 of 76 results for "Impediments"

Annuities to become more competitive

DARREN SNYDER  |  WEDNESDAY, 15 JUL 2015
More competitors are expected to offer annuities should tax impediments around deferred lifetime annuities be removed in the impending financial services and tax reviews. CommInsure head of annuities, George Lytas, said the removal of that tax impediment ...

Senior execs complain of stagnant careers

MARK SMITH  |  TUESDAY, 19 MAY 2015
... employment market as challenging.A Over 71% of respondents indicated employment market conditions were one of the top three impediments to their career success. This was followed by age (40%), lack of network (34%) and finally recruiters (23%). "Several ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
... while latest Grattan Institute superannuation report refers to headline fees, its major emphasis is on structural impediments in the superannuation which it believes the government should address through policy. These are that in addition to fees being ...

Revised legislation to ease foreign access to local managers

LAURA MILLAN  |  FRIDAY, 13 MAR 2015
The government's revised Investment Manager Regime (IMR) draft legislation contemplates removing tax impediments that traditionally have deterred foreign entities from using Australian fund managers. "The revised IMR legislation will provide foreign ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... currently a lack of longevity products in Australia, and recommended that the government remove product development impediments. If members decided not to take the CIPR, they could still opt to take a lump sum. The report expected low-balance members ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... product would commence on the member's instruction, or the member may choose to take their benefits in another way. Impediments to product development should be removed. Choice of fund: Provide all employees with the ability to choose the fund into which ...

CFS adds annuities to platforms

JAMES FERNYHOUGH  |  WEDNESDAY, 15 OCT 2014
... annuities. It also said there is potential to make deferred lifetime annuities available on platforms if the current impediments are lifted.

Lump sum rules 'utterly unsustainable': Sherry

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... tricky to get consumers to buy annuities without compelling them to do so. Nevertheless, he said the current regulatory impediments should be lifted to at least allow potential annuity providers to give it a go. Read all Financial Standard coverage of ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... drawdown phase of superannuation. It deals with three areas: the regulation of superannuation income streams; specific impediments to the development of deferred lifetime annuities (DLAs); and proposed changes to the minimum drawdown rules. In the first ...

Retirement innovation deadlock continues

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
Impediments to the development of innovative retirement products as an alternative to the account-based pension show no signs of lifting, despite industry consensus that such innovation is necessary. MetLife's recent decision to drop its hybrid annuity-style ...