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Showing 71 - 80 of 674 results for "Lifetime"

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... the end of the day, I can't see how they could meet two out of the three objectives of the Covenant without offering a lifetime product across part of the suite of retirement income solutions," Clarke said. "An account-based pension can't do it all ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... customer technology later this year. Hamilton also noted that the Life business maintained its momentum, with record lifetime and Japanese annuity sales contributing to total Life sales of $4.6 billion. "Our focus on longer duration sales has lengthened ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... enhanced focus on data, analytics and modelling to better understand members' needs. Blakey said women often have lower lifetime earnings and smaller superannuation balances due to part-time work or career breaks to raise families. In addition, many ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... not to index the $3 million threshold." Of the 500,000 working Australians who'll be impacted by this tax during their lifetime, 400,000 are in their thirties or younger, he said. "It's disingenuous to say this tax targets older and wealthier Australians ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... seriously their obligations under the Covenant." The second recommendation is for the government to offer all Australians a lifetime annuity via a pre-set amount, whereby retirees allocate 80% of their super balance above $250,000 to the annuity. This ...

TAL creates consumer and growth unit

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
TAL Australia has appointed a general manager to lead its newly created consumer and growth team. As head of this new division, Lexie Denby will oversee TAL's direct and advised customer growth initiatives while ensuring its products and services ...

TAL creates consumer and growth division

MATTHEW WAI  |  TUESDAY, 10 DEC 2024
The life insurer has appointed a general manager to lead its newly created consumer and growth team. Alexis Denby has taken on the role, where she will be responsible for TAL's direct and advised customer growth initiatives whilst ensuring its products ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... behavioural biases, and lessons learned. Three distinct experiences that most investors have never experienced in their lifetime, let alone career, are: a global pandemic, developed market inflation approaching double digits, and developed market central ...

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
... onus is also on the financial services industry to develop new and innovative retirement solutions which provide greater lifetime income certainty and make it easier to downsize or unlock equity from what is most Australians' largest financial asset ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... the markets work for investors and issuers alike. The staff comprises true public servants. It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world," Gensler ...