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Showing 891 - 900 of 1380 results for "Retirement Income"

Regulators put super funds on notice

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
... decisions require a heightened level of consumer engagement," Fitzpatrick said. ASIC's current role in regulating retirement income products primarily relates to the advocacy of product disclosure documentation, marketing and promotional material and ...

Government should super seed low income earners

DARREN SNYDER  |  MONDAY, 7 SEP 2015
Industry Super Australia is proposing the federal government pay an annual $5000 superannuation contribution to lower and middle income Australians between 27 and 36 years old. Known as "Super Seed" the payment would help bridge the superannuation gender ...

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Superannuation industry heavyweights have collectively called for a MySuper-like product to simplify retirement income for retirees. "There are $430 billion worth of superannuation savings sitting in [MySuper] products where pretty much everything is ...

Retirement income is not one-size-fits-all

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
... market wants them to have." The federal government is soon expected to announce changes to the establishment of retirement income products, including a framework around Comprehensive Income Products for Retirement (CIPRs). VicSuper was the first fund ...

Government must not mandate products for super members: AIST

DARREN SNYDER  |  WEDNESDAY, 2 SEP 2015
... continue to argue that members will be best served by funds adopting a principles-based approach to designing a retirement income strategy and framework." Garcia said regardless of AIST's views, scrutiny of superannuation fees was not going away and ...

Scrapping LISC was shameful and retrograde: Bowen

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
... impact to women is a very retrograde one," Bowen said at the presentation of the report 'The super challenge of retirement income policy' by the Committee for Economic Development of Australia (CEDA). Bowen argued that with this measure "the government ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
... 30). The report said half the population has a "strong reliance" on the Age Pension, which comprises 93% of retirement income for those in the bottom 5% income bracket, 73% for the bottom quartile and 44% for "middle Australia". While those in the top ...

Give first home buyers access to super: CEDA

LAURA MILLAN  |  TUESDAY, 1 SEP 2015
... help alleviate poverty in retirement. Speaking ahead of the release of a new report, 'The super challenge of retirement income policy', Martin said: "Two key trends, our ageing population and decreasing housing affordability, mean Australia's retirement ...

Reform summit must keep momentum: ASFA

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The Association of Superannuation Funds of Australia (ASFA) said it supported open discussion at the National Reform Summit and believes the focus should remain on directing resources where the super system needs improvement. ASFA believes the super ...

Australians are hardly retirement ready

DARREN SNYDER  |  THURSDAY, 27 AUG 2015
... need for a comfortable retirement. Without the Age Pension this drops to 46%. Commonwealth Bank general manager retirement income, Nicolette Rubinsztein, said although the Age Pension acts as a buffer it was clear that single Australians are not retiring ...