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

Search Results

Showing 581 - 590 of 1378 results for "Retirement Income"

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... employees' best interests when deciding on a default super fund, their decisions can significantly impact their retirement income and potentially affect their future financial security. "ASIC is concerned because employees who are not engaged with their ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
... face of community sentiment." Last week, the government revealed it would not set a boundary for its upcoming retirement income review, with Prime Minister Scott Morrison confirming all options - including freezing SG - were open for the review to co ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... Government MP agitating for a change - said it was "entirely appropriate" for the Government to commission a retirement income review as recommended by the Productivity Commission, adding it was "no good putting more money into superannuation if that ...

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
New Zealand's retirement income system is under review, determined to measure the impact of shifting labour forces and declining home ownership. Submissions are open for the Commission for Financial Capability's (CFFC) three-yearly review of ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... fixed interest remains unchanged at 0.07%, while international shares rose by 0.01% to 0.15%. The transition to retirement income stream (TRIS) balanced option saw investment fees decrease from 0.56% to 0.50%. Its estimated transaction costs went down ...

Grattan Institute chief retires

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
Grattan Institute chief executive John Daley announced his retirement from the think-tank after a decade in the role. Daley will be stepping down from his position when his contract finishes in July 2020. Chair of Grattan Institute Alex Chernov said ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
The Government's recently announced review of Australia's retirement income system has been met with confusion by some of the industry's big players. "Speaking at the Bloomberg buy-side forum in Sydney recently, the newly-minted Assistant ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... $60,000 a year (roughly Australia's median wage) would be $69,000 better off in retirement. "This will boost retirement income from $38,900 a year to $40,950 a year according to ASIC's Moneysmart calculator, an increase of 5.3%," ASFA said. Industry ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... advocacy Ailsa Goodwin said adjusting the taper rate is critical to the integrity of superannuation and the wider retirement income systems. "We need to restore appropriate savings incentives so that that super can do what it was designed to do for middle ...