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| | | ... Consequently, many Cbus members, and other Australians, will rely on both super and the Age Pension for their retirement income. Crediting this to members starting work before super was compulsory, facing lower super rates early on, and experiencing ... |
| | | | ... default bias, and shifting the focus from what is simply familiar, like account-based pensions, can help deliver retirement income solutions that are sustainable, secure, and truly address long-term income concerns." The research noted that a choice ... |
| | | | ... trustee to account," she said. Beverley-Smith added that there is further work for funds to do to comply with the Retirement Income Covenant. "The Covenant was introduced three years ago to ensure the industry had strategies in place to support the growing ... |
| | | | ... accessible retirement options for their clients." At the end of June, APRA data shows there was a total of 200 retirement income products and 109 transition to retirement products on offer. They amounted to assets under management of $512 billion and ... |
| | | | ... falling short. Real engagement stems from relevance and emotional connection, not just improved interfaces and retirement income calculators, according to the Rethinking superannuation engagement paper. One effective way to bridge this gap, the paper ... |
| | | | ... people have financial confidence in their retirement." "I am excited to join Challenger, a leading provider of retirement income, at such an important time for the market. Being part of the opportunity to support more Australians build better retirements ... |
| | | | ... out of money. Even as Australians live longer and many spend up to three decades of their lives retired, the Retirement Income Review (RIR) found the typical retiree dies with around 90% of their starting super balance intact. As a recent AMP whitepaper ... |
| | | | ... recommendations also included supporting the existent Smart Retirement Pathways platform to suggest the best retirement income solution to clients. Also, preserving flexibility and retiree support as well as fixing issues that lead to dual super accounts. ... |
| | | | ... the Life and General Insurance Capital (LAGIC) framework that could further address its objective of promoting retirement income products," APRA said. "To expedite this review, APRA is not considering broader LAGIC changes at this stage. However, these ... |
| | | | ... available through the wrap platform and expected to be integrated into MLC Super soon. MLC Retirement Boost is a retirement income stream offering delivered in two phases: one for accumulation and one for retirement. "We're very excited to have this ... |
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