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Showing 61 - 70 of 224 results for "Retirement products"

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... super funds can do more to help retirees confidently use their super savings via higher drawdowns, and find retirement products appropriate to their needs. In 2022, some 81% of super was taken in the form of a pension, 19% was made as a lump sum payment ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... AAA-rating. The 158 AAA-rated products consist of 68 workplace products (43%), 36 personal products (23%), and 54 retirement products (34%). Retail super funds accounted for 28% of AAA-rated products, with not-for-profits, including industry funds, public ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
ASIC commissioner Danielle Press pointed out at the Conference of Major Super Funds that retirement products need to be improved and waiting for the Quality of Advice Review (QAR) is not the best strategy. "I think the product piece is important here ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees must be proactive in considering the potential deficiencies and risks of using self-insured pools ...

Allianz Retire+ launches new retirement income solution

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
... pre-retirement, or retirement income phase, to better plan retirement strategies with certainty. "Innovation in retirement products has consistently been deprioritised and surpassed by more urgent issues concerning the industry," Allianz Australia Life ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... members to find a better deal elsewhere. This is dangerous given 60% of choice super products perform poorly and retirement products currently lack appropriate consumer protections. Under these proposals Australians will continue to miss out on the quality ...

Spirit Super appoints chief risk officer

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... manager, product and will be responsible for the full product suite at Spirit. This includes the fund's retirement products, insurance offering and navigating products in response to regulation. Prior to Spirit, Terry held the role general manager ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
... cohorts Buoyed by the retirement income covenant, pension funds are gearing up to meet a growing need for retirement products. Miller notes that up until now, most have focused on the accumulation phase of superannuation. "I'd say the majority of ...

Confidence in a 'comfortable' retirement nears lows

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... retirement income product that provides protection against market falls. Guild remarked that preference for retirement products varies significantly by age and super balance, however, many fund members are unable to articulate their requirements. This ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... expansion of the test, Grattan Institute said, including single-sector, externally managed, member-directed and retirement products. Finally, Grattan Institute said stapling should be implemented in full, but investment will be needed. "Investments to ...