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|Search Results||Showing 1 - 7 of 7 results for "Retirement Adequacy Index"|
|UniSuper has developed a custom retirement adequacy index to gain a better understanding of how members are tracking towards their retirement goals. While superannuation funds have traditionally relied on the ASFA retirement standard to benchmark how ...|
|Mercer has launched a new tool that allows superannuation funds to measure whether their members are on track for a comfortable retirement. The Mercer Retirement Readiness Index (RRI) compares a members' projected retirement income against the ASFA ...|
|... helped push AMP's retirement index to its lowest levels since the global financial crisis. The AMP Retirement Adequacy Index fell almost 2 percentage points to 69.4% while projected retirement savings fell 7% to $492,000, AMP said. Superannuation was ...|
|... period, fund balances for women rose from $28,534 to $29,692, an increase of 4.1 per cent, the AMP Retirement Adequacy Index reported. While average fund balances for both women and men increased, fund balances for men increased to become 45 per cent ...|
|... period to $44,690 for the six months to June, beating the 2007 peak of $44,013 according to the AMP Retirement Adequacy Index, a review of data from AMP's corporate superannuation customers. Doug Ross, principal economist for Access Economics, said the ...|
|... stream in retirement (as a percentage of their current salary). Members are also referred to the AMP Retirement Adequacy Index (for the six months to December 2009) to understand broader adequacy issues. AMP won an "Excellence in member communications" ...|
|... half results, and West Australian Newspapers Holdings Ltd releases annual results. AMP launches its retirement adequacy index in Sydney. Wesfarmers managing director Richard Goyder delivers a briefing at an American Chamber of Commerce in Australia event ...|
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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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