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| | | ... way, he warned. In this year's Budget, the Federal Government said it will accelerate the development of retirement income products. One of the purposes of CIPRs, Shead told SSGA's recent Winning Edge event, is that the retirement phase of the ... |
| | | | ... meet the needs of retirees as lifetime income stream products become a mainstream option in retirement." The retirement income giant also released its 2017/18 financial year results today, announcing a 16% rise in assets under management to $81 billion. ... |
| | | | ... also found current retiree experiences aligned with the expectations of working Australians when it came to retirement income. Current retirees reported their income was about half that of when they were working, the same amount most working Aussies ... |
| | | | ... salary for retirement. Additionally, while Australians expect basic living expenses to account for 39% of their retirement income, retired Aussies reported using 58% of their income on basic living expenses. According to Schroders, this gap in expectations ... |
| | | | ... individuals, for more goals-based investment strategies including balanced products, target date and target risk funds, retirement income products, global macro and unconstrained long-only strategies, just to name a few," Tollette said. Earlier this ... |
| | | | ... were already in retirement when it hit and have been unable to recoup their losses," Challenger chairman of retirement income Jeremy Cooper said. "This, combined with increasing life expectancies, has left many seniors uncertain about the future." As ... |
| | | | ... Association. The alliance aims to improve superannuation taxation, Age Pension means testing and the broader retirement income system. |
| | | | The retirement income strategy and implementation timeline proposed in this year's Budget is "workable and sensible" but there are concerns the Federal Government should quickly address. This is according to SuperEd, the robo-adviser aiming to improve ... |
| | | | ... Rady will be responsible for leading the Allianz Retire+ business in Australia, including launching its first retirement income product later this year. PIMCO head of Australia and New Zealand, Adrian Stewart said: "Matt is an exceptional executive with ... |
| | | | ... and final day of hearings in Brisbane it will scrutinise the competitiveness and efficiency of lifecycle and retirement income products in its review of the superannuation system. Productivity Commission deputy chair Karen Chester said the review didn't ... |
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