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Showing 901 - 910 of 1358 results for "Retiree"

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
The Association of Superannuation Funds of Australia (ASFA) has called on the Murray Inquiry to set clear objectives against which the success of superannuation's role in reducing the Age Pension burden on public coffers can be measured. In its latest ...

SPAA defends SMSF tax rules

JAMES FERNYHOUGH  |  TUESDAY, 26 AUG 2014
The self-managed superannuation fund (SMSF) industry has downplayed concerns that it does not pay enough tax, arguing the same tax rules apply across the board. Responding to a front-page article in the Australian Financial Review today, SMSF Professionals' ...

SMSF wind up trend is not real: SuperGuardian

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
Self-managed super fund (SMSF) administrator SuperGuardian has rebuked claims that SMSF trustees are increasingly winding up their funds. The provider argues that Australian Taxation Office (ATO) figures for the five years to June 30, 2013, show that ...

Global Wealth Partners to launch fund on ASX

MARK SMITH  |  MONDAY, 11 AUG 2014
Moelis Australia Asset Management (MAAM) has launched an initial public offering of ordinary shares in Global Wealth Partners Fund (GWP) as a first step toward listing the fund on the Australian Securities Exchange (ASX) on 26 September 2014. Sunrise ...

Lump sum rules 'utterly unsustainable': Sherry

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
Former minister for superannuation Nick Sherry has branded as "utterly unsustainable" the rule allowing Australian retirees to withdraw their superannuation as a lump sum. Speaking in the opening session of the Financial Services Council conference ...

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
NGS Super has launched a new retirement income product which balances "a combination of capital growth and income return." The new product, called the 'Income Generator', has a growth-to-defensive asset allocation ratio of 56% to 44%. It aims to achieve ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
The new aged care reforms have brought in revised rules and more complex scenarios. Against this backdrop advisers will become even more necessary, particularly as more Australians consider their and their families' aged care needs, Laura Millan writes. ...

Default pensions 'very logical' solution: Brogden

JAMES FERNYHOUGH  |  THURSDAY, 31 JUL 2014
A MySuper-style default retirement product could be "a very logical" way to encourage retirees to take income streams rather than lump sums, according to Financial Services Council (FSC) chief executive John Brogden. Brogden's comments came in response ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
The government has launched its much-anticipated review of Australia's underdeveloped retirement income industry with the release of a comprehensive discussion paper. The 21-page paper discusses measures to overhaul the entire regulatory regime of the ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
The viability of Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report. The report acknowledged that the franking credit system, which refunds corporation tax to low or ...