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Showing 41 - 50 of 88 results for %22Comprehensive Income Retirement Products%22

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... income objectives, and aim to provide a higher standard of living for retirees. Trustees will need to offer Comprehensive Income Products for Retirement (CIPRs) - products that provide individuals income for life - no matter how long they live. Treasurer ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... pension funds rank their performance against CPI, Milliman said. It added that any default MyRetirement or comprehensive income product for retirement (CIPR) products that are indexed to the CPI are likely to be affected by the findings. The research ...

Default options safeguard retirement savings: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
... alternative to address poor decision-making, provided the default is well designed." With framework development for Comprehensive Income Products for Retirement ongoing, the research suggests that consideration of the impact of cognitive decline on the ...

FASEA consultation could sway retirement outcomes

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
... the development of a new retirement income framework, comprising more than just purpose built products like Comprehensive Income Products for Retirement. At the framework's foundation, Challenger believes targeted financial advice is also needed to ensure ...

O'Dwyer names CIPR advisory group

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
... superannuation and retirement industry's biggest names will assist the Federal Government in developing a Comprehensive Income Products for Retirement framework. In establishing the consumer and industry advisory group, Minister for Revenue and Financial ...

Super funds embrace derivatives to meet retirement goals

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... for dynamic asset allocation, physical security replacement and to enhance yield," he said. And amid the Comprehensive Income Products for Retirement (CIPR) or MyRetirement discussions, it should include derivative strategies to address the dynamics ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... retirement and reverse mortgages. "We will also work with Government on retirement issues and products, including Comprehensive Income Products for Retirement, and contribute to the work of the International Organisation of Securities Commissions (IOSCO) ...

MyRetirement too product heavy: Morningstar

KARREN VERGARA  |  MONDAY, 26 JUN 2017
... mandatory digital advice component be made available for retirees. In a discussion paper submitted to Treasury on Comprehensive Income Products for Retirement (CIPRs), Morningstar urges the Government to take an approach that goes beyond products, and ...

Actuaries warn against one size fits all retirement products

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
The Actuaries Institute has urged the government to use caution when designing Comprehensive Income Products for Retirement, saying a prescriptive approach would see the proliferation of sub-scale, unsustainable products. In its submission to Treasury's ...

Default retirement products not good enough: Milliman

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
Superannuation funds that don't get to know members better ahead of designing a Comprehensive Income Product for Retirement are putting themselves at risk of severe reputational damage. That is the view of risk management and retirement experts Milliman ...