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|... 1 regulation changes have provided certainty around social security means testing," CommInsure head of annuities George Lytas told Financial Standard. "They give retirees and planners the option of customising [their retirement income portfolio] in that ...|
|... money is spent - to help improve his children and grandchildren's quality of life. CommInsure head of annuities George Lytas, who also spoke at the briefing, said it's understandable people don't want to hand large amounts to annuity providers because ...|
|... for men. But we estimate about one-third are likely to live well into their 90s," CommInsure head of annuities, George Lytas said. It is therefore more practical for investors to prepare for their maximum probable lifespan - the age at which there is ...|
|... lifetime annuities be removed in the impending financial services and tax reviews. CommInsure head of annuities, George Lytas, said the removal of that tax impediment would make it more attractive for competitors to offer annuities but warned there were ...|
|... pensions. "Making annuities more accessible is an important part of our strategy," CommInsure head of annuities, George Lytas, said. "By offering our annuities on Colonial First State's platforms we can more easily reach a wider target market, particularly ...|
|... general insurance to the newly-created position of head of annuities for its superannuation and investment business. George Lytas will be in charge of delivering growth to CommInsure's annuities business, general manager of superannuation and investments ...|
|... means that investors are able to lock in gains more regularly while still being protected from market downturns." George Lytas, ING Australia head of product and development said the annual ratchet will extend to all new and existing investors. There ...|
|... to deliver a product with all the benefits of a term deposit, but without the key negative - the lock in," said George Lytas, ING Australia head of product for Personal Investments. "As a wholesale investor in ANZ bank deposits, OneAnswer is able to ...|
|... come in a shorter format whereby fund members could access any additional information they required via web links. George Lytas, ING head of product, said the PDS could be reduced after non-essential information was removed and replaced by Internet links. ...|
|... ING has announced plans to expand its product development strategy through the creation of three new positions. George Lytas has been appointed to the position of senior manager platforms. His responsibility will be to focus on the OneAnswer strategy ...|
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Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%.
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Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications.
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ME Bank chief executive James McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it.
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At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views.
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