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Showing 41 - 50 of 59 results for "Comprehensive Income Product"

CIPRs not the entire answer for retirement

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
The proposal for superannuation funds to have a comprehensive income product for retirement (CIPR) has experts cautious about defaulting members at a time when individual retirement solutions are most needed. Speaking at the Association of Superannuation ...

AB calls for three-stage CIPR

DARREN SNYDER  |  WEDNESDAY, 18 NOV 2015
... AllianceBernstein (AB) believes there is an appropriate three-stage approach that can form a default comprehensive income product for retirement (CIPR). The three-stage approach is based around a delayed annuity purchase. The delayed purchase would occur ...

O'Dwyer outlines government superannuation push

LAURA MILLAN  |  MONDAY, 16 NOV 2015
Assistant Treasurer Kelly O'Dwyer outlined the government's strategy to ensure that Australia's superannuation system "delivers for members." Speaking at an industry event hosted by the Financial Services Council (FSC) and BT, O'Dwyer said that the ...

SMSFs welcome no dumping of LRBAs

DARREN SNYDER  |  SUNDAY, 8 NOV 2015
The Self-managed Independent Superannuation Funds Association (SISFA) said it will work with the federal government to ensure SMSFs can take advantage of future retirement income developments. Yesterday the government said it will support the Financial ...

International actuaries have consensus on retirement

DARREN SNYDER  |  WEDNESDAY, 28 OCT 2015
... government and the Productivity Commission on further significant reforms such as development of the Comprehensive Income Product for Retirement (CIPR). "The introduction of these intelligent default products will provide greater income security and ...

Industry funds ink CIPR annuities deal

DARREN SNYDER  |  TUESDAY, 27 OCT 2015
Three industry superannuation funds have leapt to the development of Comprehensive Income Products for Retirement (CIPRs) after a major partnership with Challenger Limited was announced today. The partnership was announced at Challenger's Annual General ...

Retirement incomes become industry focus

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos believes the superannuation industry will struggle to further link the facets of retirement with a suitable pension system without more investment. Speaking at the ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
The Financial System Inquiry (FSI) conducted a root and branch examination of Australia's financial system, making 44 recommendations to increase efficiency, resilience and fair treatment of the financial system. In its response, the government has ...

FSI retirement response receives support

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
Both Mercer and Challenger have backed the federal government's decision to support the development of Comprehensive Income Products for Retirement (CIPRs). Announcing its response to the Financial System Inquiry (FSI) today, the government has accepted ...

Mercer rates Aussie super B+

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
... government debt. "One of the things that have been discussed in the Financial System Inquiry is the Comprehensive Income Product for Retirement [CIPR]. If we have a stronger focus on income streams, whatever that might look like - because at the moment ...