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Showing 51 - 60 of 285 results for %22Retirement Framework%22

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... Torres Strait Islander peoples during their working lives means that they also face increased financial insecurity in retirement," Blakey said. "There are many benefits to applying the UNDRIP principles in Australia. Not only will it help improve social ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... said he "will be responsible for delivering on the promise to millions of Australians to secure a dignified life in retirement". "The government's unwavering commitment to lifting the super rate to 12% as legislated and support for policy foundations ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... offers an opportunity to reset and align Australia's economic policies with climate goals that will protect the retirement savings of millions of Australians," the statement said. "The Investor Group on Climate Change and its members, who manage ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... products continues to grow substantially, as investors seek new and better ways to build their wealth, provide for retirement and achieve diversity in their investment portfolios." Currently, the ASX's product list comprises of listed investment companies ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... with a AAA Quality Rating. Out of the AAA products, 79 are workplace products, 49 are personal products and 65 are retirement products. The assessment criteria framework as part of the AAA Quality Rating process considers the investment menu, performance ...

Funds need retirement income strategy by July

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
Writing to super fund trustees, ASIC and APRA have confirmed that under the Retirement Income Covenant funds will need a strategy in place by July 2022. Outlining the timeline for implementing the covenant, ASIC and APRA said by 1 July 2022 funds are ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... act in the best financial interests of beneficiaries, APRA said, with a new standard expected in 2023. In terms of retirement income, APRA said it intends to support the implementation of the Retirement Income Covenant, with changes to the prudential ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... not tell their members about their investments. "Superannuation is one of the great Australian projects, guaranteeing retirement income for millions of workers. Most Australians would have no idea that their retirement money is being used to finance ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 currently sits before the house, containing the ...