The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 49 results for "CIPRs"|
|... asked the government to reassess the design and implementation challenges of Comprehensive Income Products for Retirement (CIPRs) - and walk away from it if it needed to focus on more important issues for retirees. The paper released yesterday asks super ...|
|... MySuper products. The federal government is aiming to create a framework for Comprehensive Income Products for Retirement (CIPRs). Such products will meet minimum standards and provide higher income than an account-based pension drawn down at minimum ...|
|... starting at 85 delivered $43,100. The report also summarised stakeholder views on default retirement income products, such as CIPRs, which were generally supportive. It also suggested adding insurance for aged care could be beneficial to retirement income. ...|
|... the government's position on the planned SG increase decision, status of comprehensive income products for retirement (CIPRs) and legislation for the revamped heat maps test announced at the budget. Grattan has previously flagged it expects the review ...|
|... interests. The budget did not go into details on this. What is missing or delayed: ERS extension, Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December 2020. ...|
|... of guidance from the federal government - which continues to back down on its Comprehensive Income Retirement Products (CIPRs) proposal. RetireSmart was constructed to be flexible with the view that it will eventually be CIPR-compliant, he said, but ...|
|... retirement income solution are: primary goal is a stable income via an account-based pension (Frontier is not limiting itself to CIPRs' requirements of guaranteed income), with a longevity element. Carruthers says currently, retirees are implicitly using ...|
|... internal analysis. Treasury had made general and specific comments on Grattan's draft report including on treatment of CIPRs, bequests, public/private consumption, pension spending numbers from OECD, wealth tax and couple tax. It concluded Grattan's ...|
|... account-based pensions and towards retirement income streams. In recent months, Atkin has also spoken about the flaws in CIPRs legislation and the fund's stance that retirement products must give trustees the discretion to tailor them for their members' ...|
|... authors, said it was difficult for Australians to determine how much of their account balance to live off each year. With CIPRs still some way off, De Ravin believes the rule of thumb will help retirees keep their spending on track in a simple manner. ...|
As he marks 90 days as chief executive, Matt Rady tells Financial Standard how, despite the industry exodus and the company's own challenges in 2021, financial advisers are increasingly turning to BT Financial Group.
The former head of wholesale distribution at BNP Paribas Asset Management has taken on a similar role at MFS Investment Management.
The Stockbrokers and Financial Advisers Association argues that potential reforms to education standards will put the industry on a level playing field with other professions.
The local branch of the UN Principles for Responsible Investing has bolstered its team, hiring Spirit Super's general manager for strategy.
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