Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 521 - 530 of 1002 results for "Accumulation"

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... after-tax concessions on superannuation as part of the wider agenda to slow retirement savings being purely wealth accumulation for higher-income Australians. The measure will include contributions backdated to 2007. Shorten called out this retrospective ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
... change IOOF claims will "effectively negate that TTR strategy for those under 60" and will "turn the TTR pensions into accumulation accounts from which a draw down is made." Similarly chief executive officer at the Financial Planning Association of Australia ...

Acorns app enters superannuation sector

ALEX BURKE  |  MONDAY, 2 MAY 2016
... potential to address one of the biggest dilemmas for the superannuation sector: achieving member engagement in the early accumulation phase. Commenting on the launch, Acorns Australia chief executive George Lucas said: "With no minimum investments and ...

Sunsuper offering pension bonuses

DARREN SNYDER  |  FRIDAY, 29 APR 2016
... Britton said the bonus would be funded from a reduction in the tax payable when members roll their funds from an accumulation account into a pension income account at retirement. It would be calculated at 0.30% on a member's balance up to a maximum amount ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
... on super from one-third to one-quarter, introducing a rule which crystallises unrealised gains at conversion from accumulation to pension phase and reinstating the Low Income Super Contribution for those earning below $37,000. Paul Howes, KPMG head of ...

Investors must adapt to 'new normal'

KERRIE SYDEE  |  WEDNESDAY, 20 APR 2016
... provide a wide range of growth opportunities and offer strong diversification benefits that impact an investor's wealth accumulation strategy," said Cavagila. "The resilient yield component of Property and Infrastructure investments makes them a valuable ...

Aussie income managers underperforming

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
... recent years. Income funds covered by Lonsec returned 1.6% after fees in 2015, and this was below the S&P/ASX 200 Accumulation Index return of 2.6%. Lonsec Research general manager equities, Peter Green, said while the income strategy has tended to outperform ...

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
... by tying it to the Intergenerational Report. Industry consultant KPMG supports a shift in policy focus from wealth accumulation "to ensuring super helps to provide Australians with an adequate retirement income." It also supports the adoption of overarching ...

Affluence launches new fee model to help investors and charity

WHITNEY FITZSIMMONS  |  THURSDAY, 7 APR 2016
... outperformed ASX stock market returns by more than 20%. During this period the fund returned 6.7%, compared to the ASX 200 Accumulation Index return of negative 13.7%. "We know that ultimately, we'll get a better than average fee if we generate a better ...

Super needs consolidation: Mercer

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
... providers and distribution channels has never been more important. "In stark contrast to the abundance of choice in the accumulation phase of super, Australians are starved of choice and diversity when it comes to options to secure an adequate and sustainable ...