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Showing 71 - 80 of 641 results for "Income Stream"

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... about their finances. At the point of retirement, 34% of retirees had converted their superannuation to a regular income stream or pension account, while 27% had kept most of their savings in their accumulation account, 15% had withdrawn all or most ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... will see these change to $1 per week, plus 0.05% p.a. on the first $800,000 of their balance under ART. For AvSuper income stream members, investment options they are invested in will be mapped to similar options ART offers based on their risk-return ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... the objective of building a portfolio of government-leased assets to provide investors with a stable and growing income stream and long-term capital growth. It has an internal rate of return of 13.5% and a minimum investment amount is $100,000. "We believe ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... provide products, advice and services to meet members' individual needs. "For some, that means drawing down a regular income stream from their superannuation savings while also maximising the benefits of the Aged Pension. For others, it is providing ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
The final report from the government's Aged Care Taskforce suggests the amount paid by Australians accessing care should be determined by their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... to pay up to $800 for investment property advice, the highest-rated need. Interestingly, those seeking retirement income stream advice are prepared to pay more ($800) compared to $570 for other advice needs. "These findings further highlight the necessity ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... Meanwhile, MLC Life Insurance chief group insurance officer Mark Puli said Australians revealed a clear preference for income stream alternatives to lump sum payments in the event of disability. "This preference aligns with the reality that many Australians ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information, supported by Plan for Life research, found the products are currently far too expensive ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
According to Class general manager, growth Jo Hurley, younger generations want more control over their retirement savings than ever before, and financial advisers need to cater to this demand. Addressing the crowd at the SMSF Association Conference ...