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Showing 31 - 40 of 403 results for %22Retirement Income Review%22

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... has hit Australian shores and its many advocates believe it can play a major role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee to trial a four-day work ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... improved retirement outcomes in the new year. Both regulators will review how trustees have implemented the Retirement Income Covenant within their business strategies and operations, for the benefit of members, and to ensure trustees take steps to address ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... economics and finance. This is made more complex by the facts that women earn lower incomes, plan and save less for retirement, accumulate less wealth, invest less in risky assets than men, are less confident in financial decisions and have lower literacy ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
... $350 a year for members still saving and $600 a year for members with a Choice Income pension or transition to retirement income account.

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... Nominees "is currently considering a number of options and the best way forward for the superannuation fund, ClearView Retirement Plan". Following its simplification initiative, ClearView will solely focus on providing life insurance. This part of the ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... improved retirement outcomes in the new year. Both regulators will review how trustees have implemented the Retirement Income Covenant within their business strategies and operations, for the benefit of members, and to ensure trustees take steps to address ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... to data released by the Financial Services Council (FSC), the QAR proposals will support consumers approaching or in retirement in three ways. Firstly, by increasing the provision of information, available products, and good advice to individuals. "Particularly ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... exceeds benchmarks and expanding benchmarking to all APRA regulated products - including choice products and those in the retirement phase as soon as possible. It also recommended amending test outcomes so that funds either fail, pass, or exceed the ...

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... sensible conversation about tax concessions can be had, she believes there's room for discussion. "The Retirement Income Review showed that at $5 million, you're getting $70,000 of tax concessions per annum. That's more than the median income in Australia ...

Rest extends custody mandate with State Street

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... Kulwant Singh-Pangly added the renewed strategic relationship helps its 1.9 million members achieve their best possible retirement outcome. "We are especially pleased to expand and strengthen our longstanding agreement with State Street, who provide ...