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Showing 61 - 70 of 82 results for "Retirement Income Stream"

Treasury releases draft EM for super changes

ALEX DUNNIN  |  TUESDAY, 7 MAY 2013
... taxation of high-pension payments. While the main aspect of its announcement was to introduce a 15% tax on retirement income stream investment earnings above $100,000 per annum, the announcement also included provision to increase contribution limits ...

Deferred annuity tax reforms safeguard retirees

MARK SMITH  |  THURSDAY, 18 APR 2013
Reforms to the tax treatment of deferred lifetime annuity (DLA) products has added greater security for Australian retirees, according to Towers Watson. The new rules, if enshrined by legislation, remove inconsistencies between the manner deferred annuities ...

CSC launches retirement income pension

MARK SMITH  |  FRIDAY, 5 APR 2013
... Sector Superannuation accumulation plan (PSSap) members a transition to retirement scheme or a standard retirement income stream. It is aimed at members who have reached the preservation age of 55 years or older and wish to turn their super into a tax-efficient ...

MySuper Mythconceptions

ALEX DUNNIN  |  TUESDAY, 22 NOV 2011
... pre-retirement investment only. This leads to another point of confusion. Funds can still pay members retirement income stream payments but this is done by first transferring the member into the 'choice', ie non-MySuper, division of the fund, which is ...

SG Bill enters parliament with strong support

ELISE BURGESS  |  WEDNESDAY, 2 NOV 2011
The Superannuation Guarantee (Administration) Amendment Bill has entered the House of Representatives today with the support of associations and government, with Minister Shorten introducing the abolishment of the age limit. In addition to increasing ...

Queensland funds offer members help

MEDIA RELEASE  |  FRIDAY, 21 JAN 2011
... members looking to access their super, particularly members aged 55 and over who can use a transition to retirement income stream to help get access to funds not otherwise available. Information on the funds' life events services - which provides free ...

North gets S&P very strong rating

COMPANY RELEASE  |  FRIDAY, 21 MAY 2010
... longevity risk. The product is issued by subsidiaries of AXA Asia-Pacific Holdings. The guarantee is a retirement income stream product that guarantees to pay a specified amount for the rest of the investor's life. The annual income payment is equal ...

Lutheran Super enters pension market

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
... March according to Rainmaker Information, now offers members an account based pension or transition to retirement income stream in their pension division. Members will need to have at least $50,000 as an initial investment to access these products, according ...

TRIS creates confusion: Partners

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
The introduction of Transition to Retirement Income Streams (TRIS) created more "early access" traps, according to Partners Superannuation Services. The implementation of tax-free benefits means those over 60 years of age and withdrawing a pension no ...

PSS deploys Acurity

RUTH LIEW  |  TUESDAY, 22 JUL 2008
The NSW Police Superannuation Scheme (PSS) has officially engaged Acurity, a new administration system implemented by Financial Synergy and Pillar Adminsitration. According to Financial Synergy, PSS is one of Australia's oldest defined benefit and pension ...