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Showing 41 - 50 of 100 results for "Retirement Income Stream"

TRIS tops adviser query list

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
Transition to retirement income streams strategies remain a priority for financial advisers according BT Financial Group. The BTFG Advice Technical division said in its September quarter round-up the business found the top two queries made by financial ...

Government closes super loophole

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
A loophole which allowed some superannuants to reduce taxation obligations on their superannuation income stream by electing to treat income as a series of lump sum payments has been closed by the Federal Government. The closure, announced on 3 May ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
The suite of superannuation taxation reforms affecting contributions, CGT relief and transition to retirement income streams have passed through Parliament. Revenue and Financial Services Minister Kelly O'Dwyer said the amendments under the Treasury ...

BGL releases CGT capability for SMSFs

EMMA RAPAPORT  |  MONDAY, 22 MAY 2017
... future capital gains where fund members need to comply with the new transfer balance cap and Transition to Retirement Income Stream (TRIS) reforms commencing on 1 July 2017. CGT relief preserves the previous exemption for accrued, but not yet realised ...

Challenger launches advice tool as reforms loom

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2017
As the 1 July deadline looms, an initiative from Challenger will make it easier for financial advisers to service clients and manage their retirement income needs. As superannuation reform, including the introduction of Comprehensive Income Products ...

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
... payments from the income stream once they have commenced. "This rule is designed to ensure that a genuine retirement income stream is provided to a beneficiary, with benefit payments being set in a manner that does not circumvent the commutation rules ...

UniSuper redefines comfortable retirement

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... percentage of their pre-retirement salary. "Defined benefit schemes have often been designed to deliver a retirement income stream of around 70% of pre-retirement salary," O'Sullivan said. "While replacement rates are a matter of personal choice - an ...

Robo critical to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
An online advice provider for retirees is attempting to secure funding in order to partner with major financial services institutions. Fintech firm SuperEd, led by Vanguard Australia founder Jeremy Duffield and former Westpac executive Hugh Morrow ...

Insurance bonds meeting retirement income demand

ALEX BURKE  |  TUESDAY, 10 JAN 2017
... increasingly looking for savings and investment vehicles outside superannuation to ensure a stable post-retirement income stream, but that traditional annuities weren't making the cut by themselves. This was because of several limitations that Austock ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... in the best interests of the majority of members, the Federal Government said. It will be an efficient retirement income stream product that provides higher income compared to investing fully in an account-based pension drawn down at minimum rates or ...