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Showing 691 - 700 of 1434 results for "The Age"

Government releases draft super reforms

ALEX BURKE  |  THURSDAY, 8 SEP 2016
... legislation enshrines the objective of superannuation - "to provide income in retirement that substitutes or supplements the age pension" - in law. It also makes changes to concessional contributions by allowing people under 75 to claim tax deductions ...

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
... Cooper added that only the Intergenerational Report should be able to make recommendations for raising the access age for the Age Pension and superannuation and they should be set using measures of life expectancy based on the latest census data.

Voya names new chief executive

MARK SMITH  |  FRIDAY, 2 SEP 2016
Voya Investment Management has promoted its chief investment officer of fixed income to the role of chief executive. Christine Hurtsellers, who has been fixed income CIO since 2009, officially took over the reins on 1 September, reporting to Voya Financial's ...

CFS adds aged care annuity to FirstChoice

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
Colonial First State has added Challenger's CarePlus annuity to the FirstChoice platform, giving a greater number of financial advisers access to the retirement investment option. General manager product and investments at Colonial First State, Peter ...

Retiree expenditure remains modest: study

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
... who do not own their homes. Self-funded retirees enjoy a significantly higher standard of living than those relying on the Age Pension. Overall, this is the wealthiest retired generation ever in Australian history, with household wealth and income continuing ...

ANZ partners with Mercer for retiree portfolios

ALEX BURKE  |  THURSDAY, 18 AUG 2016
ANZ Wealth has partnered with Mercer to develop new model portfolios for retirees. The portfolios will be distributed via ANZ Wealth aligned licensees and focus on diversification across asset classes. Each is based on a particular investment objective ...

Pension changes will impact retirement adequacy

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
... disappear," Rundmann said. He notes there is a need for greater education among the Australian public, reiterating that the Age Pension is not a right or to be used to supplement an already high standard of living but was a safety net to ensure retirees ...

Super industry bodies unite over adequacy

DARREN SNYDER  |  FRIDAY, 5 AUG 2016
... recommended by the Financial System Inquiry (FSI) - being "to provide income in retirement to substitute or supplement the Age Pension." The industry consensus recommends: "To provide an adequate income to ensure all Australians achieve a comfortable ...

Opportunities ahead for Chinese outlet malls

KERRIE SYDEE  |  THURSDAY, 4 AUG 2016
Despite slowing economic growth, a shift from investment and credit driven growth to consumer driven growth is a silver lining for China's outlet mall sector, according to new research from TH Real Estate. The research report examines the outlook for ...

UniSuper develops personalised retirement benchmark

KERRIE SYDEE  |  FRIDAY, 29 JUL 2016
... projected to achieve appropriate post-retirement incomes, around a third of members will likely have to rely heavily on the age pension, highlighting the importance for members to focus on retirement adequacy. UniSuper plans to use the model to benchmark ...