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Showing 81 - 90 of 638 results for "Income Stream"

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... disciplined focus on portfolio growth, consistent with our objective of providing unitholders with a secure and growing income stream and long-term capital growth," Scantena said. Separately, BWP has entered into a sale and purchase agreement with Newmark ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
The Australian Financial Complaints Authority (AFCA) has revised the maximum amount consumers can claim for compensation. As of 1 January 2024, the maximum compensation amount a complainant can apply for is $1.263 million, which was previously $1.085 ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... capital and maximising retirement income. Features can include a longevity protection (such as a deferred guaranteed income stream that commences later in life), forward-planned income stream that accounts for the member's preferences (such as higher ...

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... outperform CPI + 4% (for Accumulation and RetireAccess Transition to Retirement members) and CPI + 4.5% (for RetireAccess income stream members). "We know that many of our members - especially our younger members - want exposure to long term growth and ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation system, ensuring ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... delighted to be partnering with the fund, particularly given it is the first profit-to-member guaranteed lifetime income stream to launch under the Retirement Income Covenant. "This innovative partnership has enabled TelstraSuper to offer its own CPI ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
... "in a vulnerable situation because of bereavement or illness, and need certainty of an insurance decision and the income stream if the claim is successful". "We urge insurers to review their claim handling practices and take steps to reduce the average ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... retirement system has received a B+ grade in a study of nearly 50 nations, with the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth, coming in behind ...

Fixed income expected to be hotter than stocks: Report

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... When asked what the top reasons are for holding allocations to fixed income, respondents selected a predictable income stream, followed by the return on capital, diversification benefits, and the fact that bonds are lower risk than equities. Commenting ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... Treasuries as an additional portfolio diversification tool. US Treasury exposure also gives investors access to an income stream, presently at multi-year highs, Stats said. "As the pioneer of bond ETFs globally, we are pleased that the upcoming addition ...