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Showing 51 - 60 of 224 results for "Retirement products"

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... before leaving for personal reasons. Between 1993 and 2004, she was BTFG's director of superannuation and retirement products. In the intervening years, she worked in senior roles that included leading the Actuaries Institute as chief executive and ...

TelstraSuper revamps strategy team

ELIZABETH FRY  |  FRIDAY, 29 SEP 2023
... retirement. Buoyed by the Retirement Income Covenant, pension funds are gearing up to meet a growing need for retirement products. Like some of its peers, TelstraSuper has long provided members with financial advice and retirement products to help members ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... government for cracking down on "shoddy" Choice products, it believes the test now needs to be further expanded to retirement products. Labelling it "a major blindspot", O'Halloran said: "This leaves Australian retirees without protection when they need ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... house the business lines that Westpac deemed to lack sufficient scale, being platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Jason Yetton was appointed to lead the review ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... products hold $682 billion of the total assets held in Choice. On the other hand, transition to retirement and retirement products, despite lesser product numbers (148 and 276 respectively), hold $12 billion and $396 billion respectively. Choice accumulation ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... deputy chief executive Matthew Linden says the fact the amended superannuation performance test doesn't look at retirement products is a cause for concern. In the latest episode of the Financial Standard podcast, Linden said the fact retirement products ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Division for those that lacked sufficient scale. In addition to platforms, this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been sold off. Only Westpac ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... more in fees during their retirement than they did during their working lives. "With that much in fees from retirement products on the line, bad advice from super funds is inevitable if consumer protections are watered down. These fees also mean the ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... and liability management Kathryn Spragg said the super system needs alternative measures to start looking at retirement products. Two years since the formation of ART, Spragg says the super fund often gets asked how it's going with its Lifetime pension ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... from being sold a poor product," O'Halloran said. "In particular, we want to see APRA release heatmap data on retirement products and the government extend performance testing to these retirement products."