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Showing 551 - 560 of 676 results for "Lifetime"

TWUSUPER upgrades member insurance

MATT WOODINGTON  |  TUESDAY, 17 MAY 2011
... its insurance offering, including allowing members to apply for an additional unit of death and TPD cover following a lifetime event. It is also extending TPD cover for eligible members between 65 and 70 years of age and giving 5% extra cover if a death ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... a lump sum. He said insurance solutions should be considered rather than just the current wealth-management approach. Lifetime annuities needed to be a bigger part of a retiree's defensive allocation. Private pensions also had a role to play, he said ...

Speed bumps to annuities

ELISE BURGESS  |  FRIDAY, 25 MAR 2011
... risk, according to a Towers Watson report. Under the current tax and the age pension means test provisions, deferred lifetime annuities are penalised during the deferment period, restricting the development of annuities and further innovation in related ...

Church ministers urged to save

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
... Saward Dawson, Cornerstone Wealth Financial Planner, Gavin Martin and Focus on the Family Chairman, Neville Cox. "After a lifetime of ministry we want to make sure ministers and pastors are able to have a purposeful retirement and our 'Boot Camp' is ...

Annuities help combat longevity risk: Cooper

ELISE BURGESS  |  FRIDAY, 4 MAR 2011
... quarter to $343 million. Challenger has been advocating the removal of unintended impediments to the issuance of deferred lifetime annuities, with the Financial Services Council (FSC) now supporting that stance. Within the FSC's pre-budget submission ...

PC recommends social insurance shake-up

ALEX DUNNIN  |  TUESDAY, 1 MAR 2011
... The NDIS will be for disabled Australians and the NIIS will be for Australians catastrophically injured and who require lifetime care. The new approach is needed because the PC found the current disability support system is grossly under-resourced, centred ...

SMSFs to hedge more against longevity risk

MATT WOODINGTON  |  THURSDAY, 24 FEB 2011
... savings have the most exposure to longevity risk. Robertson urged financial advisers to hedge against equity risks with lifetime annuity products that would pay investors if their money ran out during retirement. Robertson said that advisers must identify ...

Smarter annuities can plug retirement savings gap

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
... some limit until you die. Very straight forward, everyone can understand it and the cheque comes in," said Evans. For lifetime annuities to become a more viable option, they require some government backing to counter the unknown risks of declines, inflation ...

APRA releases 2010 fund level returns

ALEX DUNNIN  |  TUESDAY, 1 FEB 2011
... Super and Electricity Supply Qld. The best retail funds were Perpetual Investor Choice in 39th place overall, BT Classic Lifetime in 62nd place and the now closed Lifetrack now operated by IOOF in 67th place. According to APRA, Goldman Sachs Partners ...

Confidence will return to Ireland: Govt

MEDIA RELEASE  |  MONDAY, 29 NOV 2010
... property and labour. Overall, taxation will contribute a,-5 billion to the a,-15 billion adjustment over the four-year lifetime of the plan. "We are providing the necessary certainty and confidence for the international markets and for Irish citizens ...