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Showing 931 - 940 of 3874 results for "Pension"

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
... the same nominal rate of return. "You've got more and more money sitting in bank accounts, particularly retirees and pension funds that need to get a return and are chasing the same supply of assets," Fisher said. "We all know supply and demand - ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... in retirement. He is now being supported by family and, as the investment is not technically lost yet, the option of a pension is out of the question. "There is no government system in place that can help people in our situation. Our financial future ...

Global net zero framework launched

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
The Institutional Investors Group on Climate Change has launched the Net Zero Investment Framework, providing institutional investors with a guide to implementing a net-zero investment strategy. Building on the IIGCC's existing body of work, the framework ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... meet the increasing demand for guaranteed retirement income well ahead of the federal government's mandate. Lifetime Pension provides tax-free fortnightly payments for members aged between 60 and 80 for the rest of their lives. The product provides ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... differently to your male colleagues? A: In my early twenties, I was presenting actuarial results to the trustee board of a pension fund and every member of the board was male and at least twice my age. The chair was very dismissive of my report. Q: What ...

Super fund halves admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAR 2021
... our fees low," the fund said. The change will take effect from March 25, the fund said. Members with an account-based pension will also see changes to their administration fees, with the fund opting to replace the fixed $180 per annum fee with a percentage-based ...

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19. The ME Bank Household Financial Comfort Index improved by 2% to 5.89 out of 10 during ...

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
The chief executive of the Canada Pension Plan Investment Board (CPP Investments) has exited the top job amid reports he left the country to receive a COVID-19 vaccination. CPP Investments announced that Mark Machin resigned shortly after he "decided ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... retirement. Furthermore, Kay said retirees need the support and tools to navigate the complex superannuation, aged care, Age Pension and taxation systems to have a comfortable retirement. Treasury veteran and economic consultant Mike Callaghan said improving ...

Ignition Advice enters UK market

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
Fintech Ignition Advice has announced it will move into the UK market, establishing new teams in London and Edinburgh. Ignition chief executive of Europe Terry Donohoe said he is delighted by the move into the UK market. "By bringing advisers and their ...