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Showing 61 - 70 of 366 results for %22Retirement Income Stream%22

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... alongside our Life and Funds Management operations will broaden the ways in which we provide financial security for retirement and will further diversify our distribution channels," Howes said. "Term deposits represent a significant asset class for Australian ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... long way to go before launching. He did not divulge any details other than it "is looking quite promising." The Retirement Income Review found that a large gap exists in providing members advice and assistance in making better informed decisions in retirement ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... flaws in Australia's financial advice sector the industry has faced a crackdown from regulators, but now the Retirement Income Review has called for greater access to financial advice. One of the key observations of the report was: "The retirement ...

WA Super provides merger update

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
... decision to make for our members and are confident that being part of a larger fund should provide you with even better retirement outcomes in the future." Interruptions to services will commence from 5pm on November 18, before all WA Super accounts ...

Aware Super in-houses fund administration

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... unprecedented control, flexibility and a highly personalised member experience at scale to support their members for and in retirement." Sonata Alta is a new, digital-first operating model, underpinned by Bravura's Sonata platform. It has in-built ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
... address longevity risk, which has been a focus of the ongoing plan to introduce the Comprehensive Income Products for Retirement regime. The equity raise is being handled by Moelis Australia and Morgans as joint lead managers and underwriters. About ...

Industry funds triumph July performance

ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
... second over three years at 8.8%, equal first over five years at 8% and second over seven and 10 years with 9.8%. In the retirement sector, UniSuper balanced pension ranked first over three, five and seven years returning 8.2%, 7.5% and 9.3% respectively. ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... chief executive of distribution, product and marketing Angela Murphy. "It is an Australian first for a retirement income stream to deliver the combination of income certainty with a variable component linked to the RBA interest rate. The option maintains ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... 30. Retirees will also see changes, with the fund opting to close its Defensive option, impacting HESTA Retirement Income Stream and Term Allocated Pension members. All those invested in the option will be transferred to the Conservative option The Transition ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... officer Wayne Gentle said. "In this low interest rate world, Australian investors -- particularly those approaching or in retirement, now more than ever need access to a reliable income stream. However, they also need that income to be able to grow as ...