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Showing 501 - 510 of 676 results for "Lifetime"

EWM Group launches new philanthropy division

MARK SMITH  |  THURSDAY, 31 OCT 2013
... increases, families are taking advantage of tax incentives to set aside larger amounts for philanthropic giving during their lifetime - referred to as 'living giving'," he continued. "Research indicates the children of high net worth givers have inherited ...

Challenger reports big boost in annuities sales

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... pleased with the unseasonably strong retail annuity sales and remain committed to our 2014 guidance. "Sales from our new lifetime products, Liquid Lifetime and Care Annuity, have accelerated. Lifetime sales for the quarter were $119 million or approximately ...

MetLife poised to enter DLA market

JAMES FERNYHOUGH  |  FRIDAY, 11 OCT 2013
Life insurer MetLife will launch a deferred lifetime annuity into the Australian market if the current legislative and other impediments are removed. Speaking in a panel discussion hosted by the Association of Superannuation Funds of Australia (ASFA) ...

Get longevity risk right on DLAs, warns APRA

JAMES FERNYHOUGH  |  THURSDAY, 10 OCT 2013
Insurers planning to offer deferred lifetime annuities (DLAs) will need to demonstrate that they have rigorously factored in longevity risk, according to Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). Speaking at ...

Super members want 12% guaranteed super increase

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
... fund for their own circumstances. "Superannuation will be the biggest investment many Australians will make during their lifetime. With many consumers in default funds, it is critical that MySuper does not create a set and forget mentality." He encouraged ...

Mercer trumpets "lifetime super concessional cap"

JAMES FERNYHOUGH  |  WEDNESDAY, 4 SEP 2013
Mercer has proposed that lifetime concessional caps on superannuation contributions would be a fairer system than the current annual concessional cap of $25,000. This policy would particularly help those approaching retirement who have not benefited ...

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
... $3.1 billion, up 18% on last year. Of the $2.2 billion in retail sales, $1.9 billion were fixed term annuities, with lifetime annuities comprising the balance of $257 million, up from $46 million in 2012, and more than the entire industry has sold in ...

Super fees fall to 1.23%

STAFF WRITER  |  WEDNESDAY, 7 AUG 2013
... product and price competition in superannuation," they noted. Another major finding in the report is that over a member's lifetime more than half their total fees will be paid post-retirement. Rainmaker said this suggests fees will become a sharp differentiator ...

QSuper gets MySuper go-ahead

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
... management and more than 540,000 members. QSuper chief executive Rosemary Vilgan said, "QSuper's MySuper product, QSuper Lifetime, is consistent with our long term view on lifecycle investing." "QSuper Lifetime moves beyond a one size fits all approach ...

Self-education cap to harm senior workers

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... executive Michael O'Neill said. "This is short sighted and ignores the wealth of knowledge and experience gathered over a lifetime," he said. O'Neill alerted that there is a risk that senior professionals retire early as a consequence. According to research ...